Comment by frrrree
7 hours ago
Erm investing in risky projects requires expected returns that get delivered.
We will soon find out if the party ends or continues to go on.
Hype might get you capital gains. But cash flows matter.
7 hours ago
Erm investing in risky projects requires expected returns that get delivered.
We will soon find out if the party ends or continues to go on.
Hype might get you capital gains. But cash flows matter.
This is a forever problem now.
If/when/how the market crashes mostly doesn't matter, unless we somehow get reset to the stone age. Look up what the capital cycle is. When openAI goes down, someone with real money and assets will buy up the remains. They'll make contracts with the US military and .gov as the government is already hooked. They'll be able to survive the recovery and then instead of us dying in 5 years we die in 10.
When the .com crash happened .com's didn't go away. Bad business models did.