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Cake day: July 6th, 2023

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  • EvergreenGuru@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    18 days ago

    Their first pivot was trying to get their investors to buy them a chip manufacturing plant. That failed spectacularly. Now they want to sell phones? Just the market testing should kill that.

    Clearly investors for tech startups are all illiterate and love burning money, but this AI craze is worse than crypto. At least that was open and blatant fraud with high returns. This is just burning money until the economy keels over.