Rekall Incorporated@lemm.ee to Technology@lemmy.worldEnglish · edit-210 days agoOpenAI to remove non-profit control and give Sam Altman equitywww.reuters.comexternal-linkmessage-square29fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkOpenAI to remove non-profit control and give Sam Altman equitywww.reuters.comRekall Incorporated@lemm.ee to Technology@lemmy.worldEnglish · edit-210 days agomessage-square29fedilink
minus-squareAdamBomb@lemmy.sdf.orglinkfedilinkEnglisharrow-up0·10 days agoBut wouldn’t he have to repay such loans?
minus-squareAlphane Moon@lemmy.worldlinkfedilinkEnglisharrow-up0·10 days agoIt’s not like he will be spending the cash exclusively on blow, model escorts and yachts. Part will go into real investments. And he is well positioned to time an AI pump and dump.
minus-squareEncrypt-Keeper@lemmy.worldlinkfedilinkEnglisharrow-up0·10 days agoYes, with the money he’d earn off the money he borrowed. This is why taxing unrealized gains is a national conversation. “It’s not money until you sell it” but you can borrow it like it’s money and make actual other money with it likes it’s money.
minus-squareAdamBomb@lemmy.sdf.orglinkfedilinkEnglisharrow-up0·9 days agoThis is an informative answer, thank you
minus-squareamzd@lemmy.worldlinkfedilinkEnglisharrow-up0·10 days agoOnly if the collateral he put up goes down in value too much
But wouldn’t he have to repay such loans?
It’s not like he will be spending the cash exclusively on blow, model escorts and yachts.
Part will go into real investments. And he is well positioned to time an AI pump and dump.
Yes, with the money he’d earn off the money he borrowed. This is why taxing unrealized gains is a national conversation. “It’s not money until you sell it” but you can borrow it like it’s money and make actual other money with it likes it’s money.
This is an informative answer, thank you
Only if the collateral he put up goes down in value too much