“They are only looking at the profit margins. My observation is that CEOs tale no responsibility for their decisions. They just assume it will work out in the end.”
If this all blows up what do they care? They are hedged against SHTF by buying survival bunkers in NZ, Hawaii for Zuck, Idaho, Montana, and so on.
The thing about survival bunkers being built by the rich and powerful is when SHTF comes, unless you are near your survival bunker, how will you get there ??
It’s a pretty long swim from Silicon Valley to NZ, Hawaii or walk to some place in Idaho or Montana.
Garbage in, garbage out. Yesterday, someone reminded people not to automatically use AI to do home canning or you might end up dead. A while back, a lawyer tried to use precedents given by ChatGPT until the judge called him on it. Imagine getting sentenced to prison because of that stupidity. And now it is able to make you think Trump said this or that which could so easily turn the election (again) and start wars.
“They are hedged against SHTF by buying survival bunkers in NZ, Hawaii for Zuck, Idaho, Montana, and so on.”
No, they’re not hedged. They become targets.
Kaddhafi, then the richest man in the world in 2011, built survival bunkers, had an elite praetorian guard and hired a mercenary army to protect him. His life ended after Libyans found him hiding in a sewer pipe.