News for hackers. Stuff that matters.
Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ... by JumpinJack_Cash on Wednesday January 22, 2025 @02:16PM (#42796421)
> > Private capital

Groupthink capital, directed by mostly 2 "thought leaders".

Economies don't like Groupthink Capital, regardless of it being private, public or a combination of the 2

Of course the US economy as a whole is huge so even billions can be absorbed, once you start talking about half a trillion though...

Re:Stargate Project: SoftBank, OpenAI, Oracle, MGX to build ... by rchaud on Wednesday January 22, 2025 @03:55PM (#42797395)
Not to mention justifying further tax cuts for this tiny sliver of billionnaires so they can continue to "take risks to innovate".