89 Oh look! Another bubble (twitter.com) posted 270 days ago by Ahaus667 270 days ago by Ahaus667 +89 / -0 49 comments share 49 comments share save hide report block hide replies
OpenAI doesn't need to earn 60 billion to waste it, it can just be provided as 'investments' by companies that have more money than sense.
Money isn't real. Its digits on a screen. Its only real for peasants like us.
Comments like these make me wonder how a society would function without money. Given how fake and gay our currency is becoming its getting increasingly hard to actually figure out what the real value of something is or should be.
Money is inevitable.
Letting bankers and governments conjure it out of thin air is the problem.
I think sci-fi has the right of it, the next form of currency in the near future might be some form of energy credit system.
Money is a proxy for barter. Instead of having to barter 300 eggs for a video game, you can sell them to the people raising cows and pigs.
Money is a proxy for debt.
No two bartering entities have exactly the right things for eachother at that moment.
Barter requires debt.
OpenAI is either the next Google or the next WeWork