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Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter (www.theregister.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 5 points 1 year ago (6 children)

I don't invest in these companies on principle. I ain't going to fund the rise of fascism for stock gains. That won't help me when I'm shot dead or in a camp.

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  • [–] 2 points 1 year ago (3 children)

    Nothing will help you when you are shot dead in a camp. You live your life until that happens, if that happens.

    But yeah, I understand your principles. The problem is that if only bad people have money, only bad people have power as well.

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  • [–] 3 points 1 year ago (2 children)

    I have enough money (for now). Divested from all tech during inauguration funding news, invested in European defence companies, and then just gold because all the crazy uncertainty about everything. Still made pretty good gains, but not as much as if I stayed in tech.

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  • [–] 2 points 1 year ago* (last edited 1 year ago) (1 child)

    I missed both gold and defence... Now I dont know, what is the next thing to invest in? What do you think?

    I know power is something that will be massively needed.

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  • [–] 2 points 1 year ago

    Yeah, IDK. I'm still in gold and dunno what to switch to. Gold will likely fall with stocks if we go into a recession, which I think we will (on the other hand if they print tons of money, which is likely, that's positive for gold). I don't see anything I'm comfortable with switching to yet.

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