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SoftBank’s untitled AI goose game — eggs do not lay eggs
(pivot-to-ai.com)
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
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SoftBank makes a ton of cash. They have a huge mobile phone company in Japan. They used to have the Japanese monopoly on iPhones. Those are the geese who lay the golden eggs Son then squanders.
He certainly seems to enjoy the same kind of privilege of an infinite rebuy that Elon gets. It really does feel like there's a limit of nine digits on the money counter and once you get more than a billion dollars it just overflows to infinity. There seems to be no amount of bad investments they can make or money they can lose that would actually matter or make them come back to the same economy the rest of us live in.