this post was submitted on 28 Oct 2024
1535 points (98.7% liked)
Technology
59758 readers
3162 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Their goal isn't to make AI.
The goal of both the VCs and the startups is to make money. That's why.
It’s not even to make money, they already do that. They need GROWTH. More money this quarter than last or the stockholders don’t get paid.
Growth doesn't mean revenue over cost anymore, it just means number go up. The easiest way to create growth from nothing is marketing tulips to venture capital and retail investors.