My point is you're arguing irrelevant semantics. They're out buying $500 million dollar superyachts. That's close enough to enough of their net worth being real money to make the distinction irrelevant.
mushroommunk
joined 1 year ago
No it's just straight up lazy and leading people to believe ChatGPT is out there solving archeological problems and is actually valuable. Just call it machine learning and go. Most non tech people won't care, and they won't keep having that association reinforced.
Go try and get an interest free loan from the bank.
Go "earn" a billion dollars in stock and try again.
I guarantee you'll have real money the second time. Sure they don't sit on cash but billionaires absolutely tap into that stock as equity and use it like cash. Many vehicles for doing so are well documented
Getting real tired of everyone calling everything AI these days. Machine learning doesn't mean AI
Offices also usually have computers and other things adding a not insignificant amount to that heat.
I seriously don't get this constant "Valve is a monopoly, end them" bull crap. Yes they're a business. Yes they make money. Sure they've got flaws we should tackle. But they aren't out there trying to shut itch.io down or using legislation to stop you from hosting the game yourself. GOG and Epic aren't as popular because they don't provide a strong enough product to pull people away.
No, Microsoft has enough, they've just slop coded so much bloat in that they choose to not address while piling more and more vibe coding tools on top (which is why they are spinning up more capacity, to feed LLM slop code into).
Not to mention the logistics of transferring that much data alone. You need a high enough network speed to snag it all before being caught.
Sure, the yacht is only 500 million, that also doesn't include the 75 meter support yacht he often has sailing with it. Now add in his 4 private jets (roughly $250 million total), his three mansions on an almost private island off of Miami (roughly $240 million total), his roughly $40 million into his Washington DC house, his 30,000 acre ranch, his properties in Beverly Hills and Manhattan, and more I'm probably forgetting about (I know he owns more ranch land than just that 30k acre property, it's just the most well known since it now hosts his space company). Not even counting clothes (which Bezos is known to have a pricey watch collection despite wearing a "reserved" choice usually), food, and other expenses which definitely add up. That's a solid billion right there in real things he's bought.
Sure they can't tap the full "value" of their net worth, but the more they have, the more they can tap. And it's a disgusting amount. And they absolutely treat it as cash equivalent.