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AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit (www.theguardian.com)

submitted 1 year ago by Davriellelouna@lemmy.world to c/technology@lemmy.world

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[–] Botzo@lemmy.world 1 point 1 year ago (1 child)

Just remember that actual profit isn't important to investors. They're only here make money on the growth of the investment.

Goddamn parasites.

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[–] baggachipz@sh.itjust.works 3 points 1 year ago

At the end of the day, somebody will be stuck holding the bag. They’ll probably have to IPO, so that retail investors can burn their life’s savings. That or they’ll get bailed out, in which all taxpayers get to absorb this insane pyramid scheme.

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