so let me get this right. tether and openai are both raising at $500b valuation. it’s being framed like a battle between crypto and ai. except one runs on 50 people with 99% profit margins and the other is just torching cash nonstop.
Well in open ai's defense they are also harvesting data and controlling the flow of information.
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also the one with 99% profit margins has almost no competition, except a few exchange originated issuers
That's a good point, OpenAi is certainly a 3 letter agency play and investors in the know, seem to be aware of it.
