• wildncrazyguy138@fedia.io
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    19 hours ago

    I really hope that some of these big players in the AI market will stay private. There are already enough headwinds to them being a force of good in the world without having to report to shareholders of the lowest denominator.

    • fpslem@lemmy.world
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      10 hours ago

      I assume they are all running for the public exit because they are losing money faster than they can raise it and don’t have any reliable business models to which they can transition in the near term. If they can’t become profitable, the next best thing is to go public while the hype is hot and to cash out ASAP.