• Sparky@lemmy.todayEnglish
    0·
    2 days ago

    billions sitting in billionaire bank accounts? You mean investment portfolios? You obviously don’t know wealth management :D

  • Tenderizer@aussie.zoneEnglish
    0·
    2 days ago

    Also, the idea that accelerating AI development should be the goal is I think silly.

    If anything we should be slowing down the RAM factories. We have too much RAM. We need less RAM.

  • hamsamrich@lemmy.worldEnglish
    0·
    2 days ago

    I have 624 GB of DDR5 6000 MHz RAM just sitting around. Sam Altman, you can lick my butt and suck on my balls

  • cryowatt@lemmy.zipEnglish
    0·
    3 days ago

    The billionaires are using AI to try to take control over PCs, because that’s the last place where you can still own something outside of their control. The fake AI demand and channel stuffing that is preventing home users from buying RAM and GPUs is an attempt to push everyone into using cheaper devices like phones and tablets. Fuck the oligarchy and the rich. Install Linux and flip off the billionaires.

  • AvaMadison_27@lemmy.worldEnglish
    0·
    3 days ago

    Imagine how different the world would be if billionaires competed to solve problems instead of competing to become richer. What a world that would be!

    • Doomsider@lemmy.worldEnglish
      0·
      3 days ago

      I had this vision of the military. Imagine a natural disaster like a tsunami is about to strike the Middle East. Here comes the carrier force and they start launching what looks like tomahawk missiles. Instead of blowing people up on the ground they open up in air and drop rafts and life preservers. The military has shown up to save countless people instead of murdering them.

        • Doomsider@lemmy.worldEnglish
          0·
          2 days ago

          Yes, along those lines only the major force(Army, Marines, Navy, Air Force, etc.) would be like a nation wide coast/national guard that goes around helping nations out in times of disasters. In-between disasters they could act like a worldwide corp of engineers improving areas that need it.

    • Glaedr304@lemmy.worldEnglish
      0·
      3 days ago

      To be honest, I think the billionaires think they are solving problems. I also think that they believe if they had the money they could do more good with it. They are obviously wrong.

  • TrackenDaKracken@lemmy.worldEnglish
    0·
    3 days ago

    I knew there’d be folks in here claiming it’s “fake money.” They can liquidate when they want to, it’s not “fake.”

    • Gravitywell.xYz@sh.itjust.worksEnglish
      0·
      3 days ago

      Not only is it real money when its invested, typically the rich can just borrow against those shares instead of having to liquidate anything to pay for things.

      For example when they need $40b to purchase a website or media corp to use so they can have better control of the narrative, they just get a loan because everyone knows they’ll be able to make the payments, instead of selling enough shares to tank the thing that inflates their networth beyond all reason.

    • boonhet@sopuli.xyzEnglish
      0·
      3 days ago

      They can liquidate part of it. If they liquidate all of it then most will disappear into thin air.

      If you’re Elon Musk and own a large part of Tesla and SpaceX and you sell all your shares, both companies crater HARD.

      Just remove stock from anyone who owns over 1% of any publicly traded company and nationalize all index funds’ assets (yes, that includes retirement funds). Problem solved.

      Or just cap total wealth at ~5 mill, indexed to the median income so there’s no need for legislation like with minimum wage.

    • JC1@lemmy.caEnglish
      0·
      3 days ago

      Just tax unrealised capital gain then. A progressive tax too so small investors wouldn’t really be penalized much.

  • 87Six@lemmy.zipEnglish
    0·
    3 days ago

    I think we should extract the water from Sam Altman’s body and use it to cool a datacenter