this post was submitted on 06 May 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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I'm interpreting your phrasing as you believing that the non-profit "taking over" is somehow good, because profit motive bad presumably. But regardless of incentives, everyone involved is trying to flood the world with slop by incinerating cash and processors on industrial scales.
But so far the cash incinerator has been running on speculative financial products issued by a club of esoteric computer scientists trying to awaken the robot god. Investors are slightly uncomfortable with this, so Sammy boy is trying to offer them a more traditional vehicle to incinerate their cash (while indulging in his personal profit motive a bit).