cm0002@lemmy.world to Technology@lemmy.worldEnglish · 12 hours agoOpenAI abandons plan to become a for-profit companywww.theverge.comexternal-linkmessage-square13fedilinkarrow-up1111arrow-down17
arrow-up1104arrow-down1external-linkOpenAI abandons plan to become a for-profit companywww.theverge.comcm0002@lemmy.world to Technology@lemmy.worldEnglish · 12 hours agomessage-square13fedilink
minus-squarekautau@lemmy.worldlinkfedilinkEnglisharrow-up17arrow-down1·8 hours ago what does the last shareholder get? https://en.wikipedia.org/wiki/Greater_fool_theory Once the bubble pops they’ll rugpull the same way they do crypto. Either that or it will grow so large that they convince someone to aquire them wholesale
minus-squaremonogram@feddit.nllinkfedilinkEnglisharrow-up1arrow-down1·6 hours agoThis is just every economic endeavour in existence nowadays, the issue with cryptocurrency is that it contains no guard rails (+ environmental issues) Unless you work for a corporation, ask your employer what their exit strategy is.
https://en.wikipedia.org/wiki/Greater_fool_theory
Once the bubble pops they’ll rugpull the same way they do crypto. Either that or it will grow so large that they convince someone to aquire them wholesale
This is just every economic endeavour in existence nowadays, the issue with cryptocurrency is that it contains no guard rails (+ environmental issues)
Unless you work for a corporation, ask your employer what their exit strategy is.