this post was submitted on 24 Feb 2024
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[โ€“] tungah 32 points 4 months ago (1 children)

I could be totally wrong, but these kinds of billionaire class investments sound to me like a big money laundering scheme.

Just like "art" investment.

[โ€“] slaacaa 2 points 4 months ago* (last edited 4 months ago)

Some of them are, lot of con artists are just scamming investors (e.g. WeWork). But ppl like Altman actually beleive they are changing the world for the better, why they also have the skills and the funds to do so - I think that is scarier