Re:Open AI Announces $1.5M Bonus for Every Employee
by menaerus on Thursday August 07, 2025 @11:29AM
(#44825765)
I don't think so. Tech is transformative in a way that I can't think of any similar in the last few decades really.
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Re:Open AI Announces $1.5M Bonus for Every Employee
by colinmorelli on Thursday August 07, 2025 @11:33AM
(#44825839)
Both things can be true. The tech can be transformative, and the current valuations and burn rate can be wholly unsustainable in the short term. This is exactly what happened in the dotcom era.
Whether or not this one is the same is impossible to know until after it happens. But there are credible arguments to both sides.
Re:Open AI Announces $1.5M Bonus for Every Employee
by kiba on Thursday August 07, 2025 @11:37AM
(#44825899)
Tech can be transformative but humans are bottlenecks and there are bottlenecks everywhere. That is why we don't grow at 10% rate for GDP.
Re:Open AI Announces $1.5M Bonus for Every Employee
by starship731 on Thursday August 07, 2025 @11:35AM
(#44825860)
Same thing was sad of the Internet in 1999 when Yahoo had a market cap of $125 billion, and AOL $200 billion. Where are both companies today?
It's déjà vu all over again it seems.
Re:Open AI Announces $1.5M Bonus for Every Employee
by latentsea on Thursday August 07, 2025 @11:39AM
(#44825917)
Yeah, there isn't a single internet based company that's remotely worth that amount of money anywhere on earth remaining today...
Re:Open AI Announces $1.5M Bonus for Every Employee
by starship731 on Thursday August 07, 2025 @11:46AM
(#44826030)
Yeah, Yahoo & AOL still exist today as independent companies don't they?