Leverage buyouts are just a symptom of the problems in the system

In theory, leverage buyouts make perfect sense, kinda like a mortgage. You get a loan to buy something with that same as a collateral.

The fact that these usually ends in worse conditions for everyone is not because leverage buyouts are the problem, but the private ownership. Toys r’ us should have been owned by the workers, man utd by the fans, as so forth

Yeah, it is so people think that the ai companies are seeing the next, not-yet-public versions and are scared, they must be so powerful, right?

Altman has been claiming chat gpt made him feel dumb since 4.5

legit, if youtube ever beats ublock origin, i’ll just stop watching youtube