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Re:Musk sues Altman seeking a return to open source and non-... by bugglebeetle on Friday March 01, 2024 @01:34PM (#39565080)
One cool thing is that the these funds don’t actually need active management and that in itself is a form of predatory graft. You could stick them all in a diverse array of index funds and call it a day, as pretty much no fund managers outperform those.
Re:Musk sues Altman seeking a return to open source and non-... by WalterBright on Friday March 01, 2024 @01:47PM (#39565245)
So don't invest in them. (Actually, I agree with you. I don't invest in them.)
Re:Musk sues Altman seeking a return to open source and non-... by jdblair on Friday March 01, 2024 @01:50PM (#39565279)
I have no idea if the fund is actively managed. I assume the president is mostly fundraising, deciding how to spend the proceeds, and dealing with administration. That's a job, right? Or should we just have robo-foundations?