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OpenAI is so cooked and I'm all here for it (lemmy.dbzer0.com)

submitted 4 days ago by db0@lemmy.dbzer0.com to c/techtakes@awful.systems

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[–] froztbyte@awful.systems 13 points 3 days ago (1 children)

you may in fact want to understand how much the ZIRP years had a hand in this, and then to also look just how many of those that remain (of which there continue to be fewer and fewer) are having to engage in Creative Accounting to make it seem like everything is fine

maybe try to learn from the past.

[–] conditional_soup@lemm.ee 1 points 3 days ago (1 children)

ZIRP?

[–] Architeuthis@awful.systems 11 points 3 days ago

Zero interest rate period, when the taps of investor money were wide open and spraying at full volume because literally any investment promising some sort of return was a better proposition than having your assets slowly diminished by e.g. inflation in the usually safe investment vehicles.

Or something to that effect, I am not an economist.