- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
OpenAI has struck a deal to acquire TBPN, a technology-focused talk show popular in Silicon Valley, making an unexpected move into broadcasting after pledging to abandon “side quests” and focus on its core business.
The ChatGPT maker had purchased the 11-person company in a “low hundreds of millions of dollars” deal, according to a person with knowledge of the terms.
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TBPN did 5 mil in ad revenue last year and one of the owners is a friend of Altman. Hundreds of millions is ludicrous for a fucking podcast, like even Rogan didn’t get this much and that was already a stupidly uneven deal
Host #1: “AI is a life game changer. Why don’t the haters understand that?”
Host #2: “Yeah.”
Host #3: “Yeah.”
Enron-level business.
How did increasing interest rates not make money real again?
Cause the US is being pumped full of deficit spending cash. That cash doesn’t have to like, be paid back. It just circulates.
On top of that, a higher interest rate leads to
- More money being brought into the US to chase after the interest rate
- Higher yields on US government bonds, leading to even more money printing.
And this asshole’s standard investor pitch will still work again tomorrow
transhistorical scheme to get rich tbh, but before we at least got some paintings out of it
This feels like the equivalent of siphoning money into my swiss bank account in Tropico.
