Oh i know, all this money is being invested on a promise of imaginary returns and IOUs. Loved it a few weeks ago when i read that HK Hynix promised Sam Altman 40% of their memory chips but it was just a letter of intent and not a binding contract so they jumped on expecting a big payout and got screwed, beautiful.
Even the companies that invested heavily in AI, that is they replaced people with AI and are getting screwed over with subpar work and don’t forget Grok’s pedo heaven and fake nudes and so much more to say how this AI “revolution” is a shitstorm that nobody needed.
Oh i know, all this money is being invested on a promise of imaginary returns and IOUs. Loved it a few weeks ago when i read that HK Hynix promised Sam Altman 40% of their memory chips but it was just a letter of intent and not a binding contract so they jumped on expecting a big payout and got screwed, beautiful.
Even the companies that invested heavily in AI, that is they replaced people with AI and are getting screwed over with subpar work and don’t forget Grok’s pedo heaven and fake nudes and so much more to say how this AI “revolution” is a shitstorm that nobody needed.
Do you have a link for the HK Hynix / OpenAI thing you are talking about?
Is there more detail than what we already knew a few months ago?
https://thedeepdive.ca/openai-locked-up-40-of-global-ram-with-no-obligation-to-buy-any-of-it/
Here is one of the articles but nothing new.
Thanks, there some new infos for me in there.