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Comment by germinalphrase

16 hours ago

Go on.

Consider the possibility that the people who make these decisions aren't actually all that smart and are easily manipulated by marketing and the sycophants/impostors they surround themselves with.

  • You're telling me the folks who brought us the metaverse that revolutionized our lives are making dumb investments? That's a bold claim.

    • Who are you in this scenario though? Are you ManusAI getting bought for a giant pile of money? Are you a vendor that supplies Meta for their VR hardware that's getting paid in money? Are you an employee at Meta getting paid in money and Meta shares to build the Metaverse? Are you a shareholder of Meta who's stock is up? Like, sure, we can sit back and laugh at no legs, but Meta spent money they had on a thing they wanted to do. Sure, it didn't pan out, like that time I tried to pick up scuba diving, but when you have that much money, you can afford to try things that don't work. What's better, to try and fail, or never try because someone might make fun of you? If I just sold a company for half a billion, you could call me all the names you want, I wouldn't be able to hear you over the engines of my private fighter jet.

  • I understand what they are arguing, but they are just lobbing insinuations at the crowd. I (perhaps wrongly) assumed they had specific insight into the people and relationships inside the transaction that could be shared.

  • There is a lot of dumb money chasing AI related anything at this time. And there are people who know how to play the game.