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Tech billionaires cashed out $16 billion in 2025 as stocks soared
(techcrunch.com)
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
No this is just a great explanation of why they keep cramming this shit down our throats even though they all know there's no path to profit for the actual company itself or their shareholders.