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this post was submitted on 21 Jul 2026
424 points (100.0% liked)
Fuck AI
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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Not favorable terms to them but...Gotta settle that suit quick so you can cash in with an IPO, before the bubble pops.
Right now they're settling at their inflated valuation so it's all Monopoly money.
right now they want retailers to hold the bags when the bubble bursts.
How is this not favorable to them? They're making off like bandits, AND setting a bad (for everyone else) precedent
I agree, sorry for my poor writing. I mean to say, the dollar value and decision to settle at this stage on such a fundamental dispute to their business is atypical, and they only agreed to it because of their absolutely nonsense valuation and the IPO plans.