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Imustaskforhelp 5 days ago

> of circular fake money

Oh it gets worse than that, the money which caused all of this by OpenAI was taken from Japanese banks at cheap interest rates (by softbank for the stargate project), and the Japanese Banks are able to do it because of Japanese people/Japanese companies and also the collateral are stocks which are inflated by the value of people who invest their hard earned money into the markets

So in a way they are using real hard earned money to fund all of this, they are using your money to basically attack you behind your backs.

I once wrote an really long comment about the shaky finances of stargate, I feel like suggesting it here: https://news.ycombinator.com/item?id=47297428

joquarky 5 days ago | parent [-]

What is the difference between "hard earned" and not?

Imustaskforhelp 5 days ago | parent [-]

Well cartel money for example, depends on the definition of hard earned but I don't quite imagine for example the japanese Yakuza to deposit into banks/stock markets for example, I am not sure but I imagine something like gold/cash being used.

Maybe you can argue that yakuza is making hard earned money but imo, they are doing illegal activities within the law and are doing something more closer to extortion.

Ironically, in a sense, what AI did in a sense is also an extortion.

One is just legal (barely, I am not even sure how or why), the other isn't. That was my intention to highlight when I said hard earned money.