this post was submitted on 30 Oct 2025
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Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter (www.theregister.com)
submitted 1 day ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world
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[–] sobchak@programming.dev 5 points 1 day ago (2 children)

I don't invest in these companies on principle. I ain't going to fund the rise of fascism for stock gains. That won't help me when I'm shot dead or in a camp.

[–] Flamekebab@piefed.social 1 points 1 day ago (1 children)

There's always money to be made if one doesn't stand for anything.

[–] sobchak@programming.dev 1 points 1 day ago

Yeah, if I was a demon, I'd probably invest in surveillance, private prison companies, and whatever companies supply law enforcement equipment.

[–] 1984@lemmy.today 2 points 1 day ago (1 children)

Nothing will help you when you are shot dead in a camp. You live your life until that happens, if that happens.

But yeah, I understand your principles. The problem is that if only bad people have money, only bad people have power as well.

[–] sobchak@programming.dev 3 points 1 day ago (1 children)

I have enough money (for now). Divested from all tech during inauguration funding news, invested in European defence companies, and then just gold because all the crazy uncertainty about everything. Still made pretty good gains, but not as much as if I stayed in tech.

[–] 1984@lemmy.today 2 points 1 day ago* (last edited 1 day ago) (1 children)

I missed both gold and defence... Now I dont know, what is the next thing to invest in? What do you think?

I know power is something that will be massively needed.

[–] sobchak@programming.dev 2 points 1 day ago

Yeah, IDK. I'm still in gold and dunno what to switch to. Gold will likely fall with stocks if we go into a recession, which I think we will (on the other hand if they print tons of money, which is likely, that's positive for gold). I don't see anything I'm comfortable with switching to yet.