5 ms·
What even is MediaLab? On their website, they have just random permutations of "AI", "quantum" and "Blockchain", I'm not kidding. They own... Kik and Whisper
by shp0ngle 5y ago
What even is MediaLab?
On their website, they have just random permutations of "AI", "quantum" and "Blockchain", I'm not kidding.
They own... Kik and Whisper chat apps?
Is it like a holding company that pretends to do some AI on the side? Doesn't make sense to me.
- eaenki 5y agoLooks like a company buying dead startups. Weird. Maybe it’s just a company that is controlled by some VC or groups of VCs and that’s how they make their returns and number of exits look better. They also look less dumb.
- nemo44x 5y agoThey could get some economy out of these once high flyers that still have a user base by getting rid of most of their payroll and having management work across the various properties. It’s a graveyard but I’d assume they are structured such that they can reduce costs dramatically and suck these properties dry for a bit of profit.
- mpeg 5y agoYou went to the wrong website, the right site is https://www.medialab.la/ https://www.medialab.la/ not http://medialab.ai/ http://medialab.ai/
- shp0ngle 5y agoAh. The holding company name is "MediaLab.Ai", so I put that to URL bar and that found the AI Quantum Blockchain thing. Just a holding company makes more sense. Thanks!
- jazzyjackson 5y agoI was wondering how an MIT research lab had 80 megabucks to buy a website https://www.media.mit.edu/ https://www.media.mit.edu/