this post was submitted on 30 Mar 2026
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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.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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[–] Soyweiser@awful.systems 3 points 11 hours ago (1 children)

We know nothing as yet about what the joint ventures will do

...

[–] gerikson@awful.systems 2 points 10 hours ago (1 children)

“an undertaking of great advantage, but nobody to know what it is.”

[–] Soyweiser@awful.systems 1 points 9 hours ago

ChatGPT suggest a 100% rate of success.

[–] baggachipz@sh.itjust.works 5 points 14 hours ago

It’s not a pyramid! It’s a triangle!

Sounds like a pretty desperate move. One would think subscriptions would come organically.

[–] CinnasVerses@awful.systems 6 points 1 day ago* (last edited 1 day ago) (1 children)

It is a pity that we are not going to see a Bits about Money article on OpenAI since Patrick MacKenzie is Basilisk-curious.

If OpenAI goes public with a lot of preferred shares liability, smart money is going to be reluctant to buy.

[–] samvines@awful.systems 2 points 10 hours ago* (last edited 10 hours ago)

Absolutely but MeeMaw read in the paper that OpenAI is the future of all work and jobs and they're gonna make $$$$$ so she's investiging her 401k (sorry I'm bri'ish so I don't know if that makes sense but the point I'm trying to make is that they will absolutely find bag holders in retail investors once they IPO)