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> The people writing the checks are not in the habit of lighting trillions of dollars on fire for a better autocomplete and an endless proliferation of longer a
by cmiles74 4mo ago
> The people writing the checks are not in the habit of lighting trillions of dollars on fire for a better autocomplete and an endless proliferation of longer and longer memos that nobody reads.
Aren’t they though? What about that whole crypto thing.
- Sevii 4mo agoThese are people who spend billions on whatever this decade's hype cycle is.
- pdonis 4mo agoThat comment struck me as well. One other thing it gets wrong is that the "trillions of dollars" are just numbers in a cap table based on a paper valuation. They're not money that anyone has actually forked over; those numbers are quite a bit smaller.
- oezi 4mo agoThe article gives the number as well 300bn invested so far vs 10 trillion paid in salaries for white collar/knowledge work labor.