OpenAI has nearly doubled what investors think it’s worth—but there’s a catch.

Built on unearned hype.

    • BmeBenji@lemm.eeEnglish
      1·
      7 months ago

      Sure, but I think recognizing someone when they accomplish something of value is important regardless of the economic system in place.

      And in this Capitalistic society OpenAI is doing nothing but literally capitalizing on the hard work of thousands of individuals without giving them any form of recognition

      • interdimensionalmeme@lemmy.mlEnglish
        2·
        7 months ago

        Capitalism is incompatible with meritocracy.

        It rewards ruthless capture and enclosure of other people’s hard work and surplus value.

        Read what Disney did to folk culture. Read what Edison did to his underlings, it is all a repeat of the “enclosures”, the thefts of our commons for private profits.

        If you don’t know what the enclosures were, read this macabre story and focus on the people who attacked the fences and paid with their lives https://en.wikipedia.org/wiki/Elizabeth_Sugrue