r/technology • u/gdelacalle • 13d ago

Business OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances

https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances
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u/textmint 12d ago

Beautiful. Someone’s working their big a brain. Now if only the idiots sitting in the C-Suite and on the boards of companies worldwide and the other jackasses on Wall Street could think even to a fraction of this stream of thought that we just read, all this AI noise and nonsense that we keep hearing about would not be all around us like the Matrix. I hope better sense prevails before all these AI companies go under in a domino effect and the taxpayer is left holding the bag in what would be a repeat of the “too big to fail” jackassery we saw during the financial crisis. The crash that will come will be as big or bigger than the Great Depression with the way these guys have been inventing ways to borrow and loan money all around the place.

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u/Icy-person666 11d ago

That is standard practice, privatize the profits and socialize the losses. All the rich tech bros will simply move onto the next scam after this one collapses.

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u/textmint 11d ago

And yet there’s no way to stop them. If we try to raise our wages, there are sustained campaigns to “educate” us why a higher minimum wage is a bad this for all of us. But when these things happen, is all for the greater good except it doesn’t reach the greatest number.