A lot of things are "fraud" when an individual or small business does it but perfectly normal and considered merely good business acumen when done by a big corporation. Even more so now that the US government is openly for sale (it was always for sale, but before at least they had the decency to pretend it wasn't).
Yeah man the whole industry is like that. OpenAI gets to say they raised X billion dollars and update their valuation but they don't mention that it's all cloud compute credits from a gigantic Corp that owns a huge amount of the business. They claim to be a non-profit to do the research then when they've looted the commons, they switch to for profit to pay out the investors. There's shit like this throughout the industry.
A lot of things are "fraud" when an individual or small business does it but perfectly normal and considered merely good business acumen when done by a big corporation. Even more so now that the US government is openly for sale (it was always for sale, but before at least they had the decency to pretend it wasn't).
Yeah man the whole industry is like that. OpenAI gets to say they raised X billion dollars and update their valuation but they don't mention that it's all cloud compute credits from a gigantic Corp that owns a huge amount of the business. They claim to be a non-profit to do the research then when they've looted the commons, they switch to for profit to pay out the investors. There's shit like this throughout the industry.