"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."
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.
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.