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by lz400 11 days ago
FWIW I agree the financials are a bit crazy and OpenAI went a bit nuts with the circular deals. That said, honestly, I don't think it's the end of the world. I think there will probably be some correction/crash and it will probably be healthy. A lot of these circular deals will get canceled, but it's at the end of the day people changing imaginary numbers with each other. The underlying tech I still think it's revolutionary regardless, the same way that the internet was and the tech boom crash at the end of the day was a distraction from the fact that these companies did end up "ruling the world"