Comment by hnarn
10 days ago
> It’s a small compensation for the immense damage you’ve all done to the industry and more importantly the economy
For all of those on HN that think venture capital is just numbers in a spreadsheet, consider that every dollar spent on AI is one that was not spent investing in the ”normal” economy. If this gamble does not play out, there will be bills to pay for all of society. As stated in Chernobyl: ”Every lie we tell incurs debt to the truth”, except in this case ”the truth” is the (un-)employment status of your friends, relatives and neighbors.
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