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Публикация

Rachel Hands

thinking, again, about how defrauding investors out of $100M sent the co-CEOs of my last company to federal prison for 9 and 11 years

Timnit Gebru

"As Japanese financial newspaper Nikkei Asia found in a recent investigation, just five US tech giants — Alphabet, Microsoft, Amazon, Meta, and Oracle — are hiding an estimated $1.65 trillion in debt that doesn’t appear on balance sheets. futurism.com/artificial-i...

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Ответы

slowly but surly....

if youre hiding 1½ trillion dollars in debt then you aint just stealing from investors, youre stealing from every living person on the entire planet.

Ответ для slowly but surly....
Rachel Hands

💯 (and the co-CEOs were also stealing from their 900 employees and arguably all of central California. but of course the investors are who mattered in court.)

Rachel Hands

bsky.app/profile/rach...

Rachel Hands

update: Jake got 11 years and Irma got 9 years. more time for Jake because he was technically a lawyer. I don’t have time to have a feeling about this right now but I’m sure that will catch up to me at exactly the wrong moment. www.fresnobee.com/news/local/a...

Ответ для Rachel Hands
Rachel Hands

now, I need to stress that this company was not well run. and there is substantially more reason for investors to want to hold on to the idea that the ai bet might ever pay off for them. I just … think about this. a lot.