4 ms·
> I wonder where the obstinacy on the part of certain CEOs come from. I can tell you: their board, mostly. Few of whom ever used LLMs seriousl. But they react
by VHRanger 11mo ago
> I wonder where the obstinacy on the part of certain CEOs come from.
I can tell you: their board, mostly. Few of whom ever used LLMs seriousl. But they react to wall street and that signal was clear in the last few years
- immibis 11mo ago"Completely detached from reality" we used to call it. But where is the money coming from? Is it because we abolished the idea of competition, they never suffer negative impacts of bad decisions any more?
- Libidinalecon 11mo agoWe are in a bad situation. Some of our biggest and best companies went from being "capex lite" to "capex light money on fire" and caused a capex light money on fire social contagion. The money is from debt financing. Things are bad and we don't even know who is completely full of shit because we are still at high tide.