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Comment by monooso

7 hours ago

> Businesses don’t operate based on revenue. They operate based on profit.

This does not bode well for the entire AI industry.

Public IPO as Ponzi scheme/shell game is a time-honored tradition. You can operate at a loss so long as you can get folks to bet they’ll get a return. The more people you can convince, the better you can do for yourself without being left holding the bag.