cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti
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cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti
(Original link. Warning: log in required)
Good question, I guess when you reach to a certain point of being rich. The government subsidize your lifestyle itself and it will try to keep it that way as long as it can, in other words socialism for the rich.
I guess the reasoning for this is to keep the status quo or if they do fail may cause economic collapse. Though in the first place it’s the government fault allowing them to do so much damage and essentially hostage the whole economy.