"It really seems like anyone with some renders and a white paper written by someone being gassed up by an overly agreeable AI can get VC funding these days."
It’s literally just taking the piss out of idiotic investors. Data Centers, AI, space, new frontier, new markets. It checks all the boxes to get idiots excited to dump money into your tech company so people keep talking about it because talking about it is what gets results. Hopefully nobody is dumb enough to actually try it, it’s an absolute scam.
I mean, space construction companies are happy to try it.
If Bezos keeps giving them money, who are they to say no? It may not even all be a waste in the long run, as it could be a “testing ground” for future scientific missions.
Nah, you’re not jaded enough yet, it’ll be used to facilitate a wealth transfer. Huge wealth management firms will tie up venture capital in financing SpaceX and BO and smaller space construction firms in a boondoggle and when it fails to materialize a profit they will pocket the proceeds and the losses will be covered by taxes and retirement accounts.
They do this again and again. It’s the kleptocracy playbook, they’re just getting bigger and bolder and more in your face with it.
It’s literally just taking the piss out of idiotic investors. Data Centers, AI, space, new frontier, new markets. It checks all the boxes to get idiots excited to dump money into your tech company so people keep talking about it because talking about it is what gets results. Hopefully nobody is dumb enough to actually try it, it’s an absolute scam.
I mean, space construction companies are happy to try it.
If Bezos keeps giving them money, who are they to say no? It may not even all be a waste in the long run, as it could be a “testing ground” for future scientific missions.
I see it as a win-win.
Either Elom and his fellow dipshits waste a ton of cash chasing literal pie in the sky,
Or
A viable commercial presence in space is validated and terrestrial power needs eased.
/S
Can you all not even tell this or sarcasm?
Nah, you’re not jaded enough yet, it’ll be used to facilitate a wealth transfer. Huge wealth management firms will tie up venture capital in financing SpaceX and BO and smaller space construction firms in a boondoggle and when it fails to materialize a profit they will pocket the proceeds and the losses will be covered by taxes and retirement accounts.
They do this again and again. It’s the kleptocracy playbook, they’re just getting bigger and bolder and more in your face with it.
My bad. Edited.
Looool gotcha, assume half the people on Lemmy reading your comment are half asleep, either just waking up or going to bed.