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OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates (archive.ph)
submitted 11 months ago by to c/nottheonion@lemmy.world
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cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti

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[–] 65 points 11 months ago (16 children)

How can a company started as a non-profit, have a subsidiary that is for profit? (Restructure this year). So basically like a quarter of the company is staying non-profit, and the rest is becoming for profit, and that's the portion external investors like Microsoft own stake in.

It just sounds like tax fraud from the start. "Legal tax holes" where the end costs will come out of the populations pockets and not the companies

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  • [–] 63 points 11 months ago (9 children)

    Meanwhile NVIDIA is pulling an Enron by investing in companies that exist to purchase NVIDIA products, thereby funding their own revenue. Just plain old fraud.

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  • [–] 34 points 11 months ago (6 children)

    And the vast majority of global investments touch the US stock market, which is now just like 5 companies committing blatant fraud.

    Almost makes me glad to be poor and unable to invest XD

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  • [–] 7 points 11 months ago* (5 children)

    If there was something else to get out into sure, but as a broke person who can't invest, I sure wish I had something that will be able to be traded if there is a collapse. My only fall back is my chickens. Figure if all goes to hell I'm sure I can make it a few months off eggs water and multivitamins. Really need to find a consistent source of fiber/vitamins like vitamin C. Probably need to get my strawberry patch back going, blackberries and such would be good additions, but harvesting enough to store/ through the seasons would be tough.

    I don't think there would be an actual full collapse, I just figure I have to assume I wont ve ablr to afford anything beyond rent/utilities. Then when I can buy necessities

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  • [–] 3 points 11 months ago (3 children)

    You can get vitamin C from a bunch of plants. Look for commonly foraged greens in your area and chances are you can find something with some vitamin c.

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  • [–] 3 points 11 months ago* (2 children)

    Why would I not get it from strawberries, blackberries and such? I live to far north for oranges and such, not to mention trees take years to mature for harvest. Strawberries I figure I planted a couple years ago and can just expand, blackberries people say spread easily. Broccoli might be an option, I'm not big on collard greens but they are around the area. Spinach should grow here fine. I suppose you could can that stuff as well. I usually do Peppers and tomatoes, but those don't have vitamin C I dont think.

    Forgot, quash/zucchini/cucumbers grow well here.

    I'll have to check what nutrition they have

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  • [–] 2 points 11 months ago (1 child)

    Because of the storage issues, greens generally have a much longer growing season.

    I just mean that you should look up the plants now in case you aren’t able to get the berries regularly. Tomatoes have some vitamin C, but peppers have a whole bunch.

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  • [–] 1 point 11 months ago

    Squash I can often make last a couple days worth of meals. Depending on the squash you can roast it like a chicken parmesan, just skip the cheese (yikes). My second year here I grew around 100s cucumbers on accident from a 8x4 plot. So I could pickle cucumbers and then dehydrate some for chips, something entertaining for winter snacks

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  • [–] 2 points 11 months ago*

    For vitamin c, pine needle tea is a source that's easily available most places, and effectively free where it is available. It requires almost no effort to grow/harvest. You just find a pine tree, grab some needles, then throw them in a pot of boiling water.

    Bot the most appetizing thing, but if you are in survival mode then it's an option.

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  • [–] 5 points 11 months ago (5 children)

    That’s how Mozilla works too…

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  • [–] 7 points 11 months ago* (4 children)

    Mozilla is just as big of a scam and has had presence here on lemmy from the beginning. Anyone who thinks FireFox isn't a remote control car driven by Google and does there bidding is lying to themselves in my opinion. (It will get downvoted here) But if someone pays all your bills to stay alive, you aren't doing anything but what they say. If Mozilla wants to be a company that has something to say, they need to cut their contracts with Google. Up to 85% of revenue from Firefox comes from Google. Or as people like to say on here.. if 20 people sit down at a table, and 17 are "Nazis" the other 3 are as well.

    So if Google is bad, Firefox is as well

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  • [–] 15 points 11 months ago (2 children)

    You're probably not going to be downvoted for this. It's a commonly held opinion here. It's just that Firefox is the only other option than Google. It's not ideal, but it's better.

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