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kinther@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago

S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

arstechnica.com

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  • cross-posted to:
  • usa@lemmy.ca
  • usa@midwest.social
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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

arstechnica.com

kinther@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago
message-square
111
fedilink
  • cross-posted to:
  • usa@lemmy.ca
  • usa@midwest.social
SpaceX won’t get easy access to billions of dollars from passive investors.
  • ChickenLadyLovesLife@lemmy.world
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    3 hours ago

    We had a zoom meeting with my elderly mother’s investment adviser recently and expressed our concern about the AI bubble. He of course said he didn’t think it was a bubble; his main argument was “these CEOs are smart people and they’re legally obligated to preserve the financial health of their companies so they wouldn’t be going in for anything that had the potential to be a bubble”. Conveniently ignoring all the other bubbles in history when the CEOs were “smart people”.

    • cardfire@sh.itjust.works
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      2 hours ago

      Ah, yes, is this a portrait of her advisor?

      • ChickenLadyLovesLife@lemmy.world
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        2 hours ago

        Ah yes, Raymond gripping hands with James.

        • cardfire@sh.itjust.works
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          1 hour ago

          Completely unrelated, if you have chickens I hope they are doing splendidly.

          World needs a lot more backyard chickens.

          • ChickenLadyLovesLife@lemmy.world
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            1 hour ago

            I am actually chickenless and male and I hate life. My name is a Kids in the Hall reference.

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