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[–] 131 points 2 months ago (9 children)

Wall Street, where everything is possible…if you just fucking lie confidently.

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  • [–] 19 points 2 months ago (4 children)

    I think some of them actually believe. Like on Blind where the tech bros think $100k/yr is poverty wage. They haven't been living in reality in a long time. The tech boom has been going on since what like 2010. It's far longer than the dotcom bubble. They keep managing to jump from one fad to the next. It's far eclipsed prior bubbles.

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  • [–] 6 points 2 months ago (2 children)

    100k/year in San Francisco is definitely low income.

    Official government figures using an exemplary family of four (two adults two children) already classified a household income of $117,400 as low income back in 2018. By 2025, that threshold has risen to $159,000.

    San Francisco: Where a six-figure salary is 'low income' - https://www.bbc.com/news/world-us-canada-44725026

    Places Where a Six-Figure Salary is Considered 'Low Income' - https://internewscast.com/news/places-where-a-six-figure-salary-is-considered-low-income/

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  • [–] 1 point 2 months ago

    Your example there is household income. In that exemplary family that means each parent is making $60k in 2018, $80k today. Which paints a very different picture to the claim that "a six figure salary is considered low income".

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  • [–] 36 points 2 months ago (2 children)

    The worst part is I don't even think that they think they're lying.

    They're so delusional that they 100% believe what they're saying.

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

    They are absolutely delusional enough to think that THEIR company will eventually reach AGI but I don't think any truly believe these numbers.

    There's been no consequences for lying, only more profit. Look at the space X ipo....The market has shown they'll pay whatever they're told to so lie lie lie.

    Lying gets you customers, investors, and government subsidies. And when your competitor lies, you just have to lie harder. The grift economy.

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