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tormehyesterday at 7:42 PM2 repliesview on HN

The US capital markets are truly a wonder to behold. There's no way to replace that. For good and ill, you'd only get weird looks in Europe if you asked for €10 billion for an unproven business model in what's somehow also a competitive market.

To be fair this example does look a lot like insanity.


Replies

LunaSeatoday at 11:36 AM

It's not really a wonder, Americans will simply lose their pensions if the AI business models don't work out. The same way it happened many times in the past.

stackghostyesterday at 8:00 PM

>There's no way to replace that.

Nothing is truly irreplaceable