Comment by bluefirebrand
7 months ago
Every single piece of hype coverage that comes out about anything is really just geared towards pumping the stock values
That's really all there is too it imo. These executives are all just lying constantly to build excitement to pump value based on wishes and dreams. I don't think any of them genuinely care even a single bit about truth, only money
That's exactly it. It's all "vibe" or "meme" stock with the promise of AGI right around the corner.
Just like Mars colonisation in 2026 and other stupid promises designed to pump it up.
What stock value? OpenAI and Anthropic are private.
(If they were public it'd be illegal to lie to investors - if you think this you should sue them for securities fraud.)
> illegal to lie to investors
Unfortunately, in practice it's only illegal if they can prove you lied on purpose
As for your other point, hype feeds into other financial incentives like acquiring customers, not just stocks. Stocks was just the example I reached for. You're right it's not the best example for private companies. That's my bad
Extremely accurate. Each and every single OpenAI employee just got a 1.5 Million USD Bonus. They must be printing money!
Charitable of you to think it's "printing money" and not "burning investors' cash".
Welcome to for profit enterprises? The fact that anyone even for a moment thought otherwise is the real shocking bit of news.
The fact this is normalized and considered okay should make us more angry, not just scoff and say "of course it's all fake and lies, did you really think otherwise?"
We should be pissed at how often corporations lie in marketing and get away with it
I'm sure some people thought that too seeing first phones with color displays that could run software that costed 10 times as much as a normal phone. I know I thought that when they said they are the future I was very skeptical. In few years iPhone happened, then Android and even I got myself one. Things seem ridiculous until some of them just become common. Other claims just fade away.
> We should be pissed at how often corporations lie in marketing and get away with it
Some of us are pissed? The rest of us want to exploit that freedom and thus the circle of life continues. But my point is your own naivete will always be your own responsibility.
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Wasn't it a nonprofit at one point