• jagged_circle@feddit.nl
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    17 days ago

    Their goal isn’t to make AI.

    The goal of both the VCs and the startups is to make money. That’s why.

    • Kronusdark@lemmy.world
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      17 days ago

      It’s not even to make money, they already do that. They need GROWTH. More money this quarter than last or the stockholders don’t get paid.

      • TranscendentalEmpire@lemm.ee
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        17 days ago

        Growth doesn’t mean revenue over cost anymore, it just means number go up. The easiest way to create growth from nothing is marketing tulips to venture capital and retail investors.