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- Hacker News
- by toomuchtodo
- That's a valid business model if some company acquired them in the end.by feverzsj
- I believe you mean scam?by SecretDreams
- It's literally the business model of a ton of tech companies including most of YC I bet, the author seems to live under a rock?
- That is not business model. And the acquisition thing can happen when much larger companies who see you as competition to squash exist.by watwut
- Microsoft will acquire OpenAI for $15B and Google will acquire Anthropic for $10B; the smaller ones will get acquired by Meta, Oracle etc.
Their debts will be passed on to USA/EU population.
Employees will not get to exercise their stock options, but will have some great stories to tell. Somehow RAM will not get cheaper.
Then a new hype wave starts all over.
by dude250711 - That's wonderful news. Customers are poor so a transfer of money away from them is always increasing inequality, which we already have too much of for some time now.
In every industry the competitions should be so ruthless that investors on average always lose. That's the only way we can counteract rising inequality in absence proper taxation.
By investing, the investor should be buying lottery ticket. And no lottery should be on average paying back more in rewards than the price of sold tickets.
The problem with the modern western world is that interests of business are politically more taken care of than interests of consumers. There should be a political party that disregards business completely and just focuses on the good of consumers. It could have wide support because everyone is a consumer.
by scotty79