zlacker

When will people wake up and see that venture capital is driving execs to show growth, overhire, then RIFF to consolidate wealth and drive profit metrics?

When will people see that technology and AI is not the solution to save the world, but one that is actively killing it? One that is actively driving us apart and radicalizing us?

As a kid, I grew up loving sci fi, games, and tech. It is a shame these same dreams drive so us to destroy our planet and civilization. Our curiosity is going to be our end

As the zen parable says, the man is flying by on a horse and is asked “where are you going?”, to which he replies, “i dont know, ask the horse!”

I hope people can self reflect and challenge themselves on if what they believe is really right. The only way is for us to open our views

>>bnop+(OP)
Intel is not funded by venture capital.

>>colin_+B
You could remove venture and it would still be accurate

>>colin_+B
The new fabs were funded by PE.

>>selimt+i1
PE is not VC. VC is targeted at early-stage companies, which Intel is not.

>>jerryg+c1
Sorry, but I don’t find it a very insightful comment.

(Removed comment about it being AI-generated since that might be unfair.)

>>colin_+Y2
Its not AI generated. Sorry friend. Even if it was, assess the message, not the medium :)

>>colin_+L2
Replace VC with shareholders - the point is the same. Someone wants more money out than in. That same someone doesn’t have long-term incentive to care about our future, or even the customer

To achieve that, business owners do as I mentioned and more. Not out of maliciousness or spite, but out of necessity

>>colin_+L2
Depending on the PE firm, it could make the worst VC look like an angel

>>selimt+i1
Not really. Intel made an agreement with a PE firm while well into building the fabs. In terms of the overall capital spent, most of it is Intel's.