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#sambankmanfried — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #sambankmanfried, aggregated by home.social.

  1. @Zitron of the #BetterOffline podcast joins Isaac Pound of #TheTechReport YouTube channel, where they discuss the financial reality of the #genAI super-scalers and their partners in circular finance and wishful speculation.

    There does not appear to be any possibility of the GPT-based #AI industry (such as #LLM services) to ever not run at a net financial loss while retaining enough customers to cover their sunk costs. If the CEOs aren't aware of this and wilfully conducting a fraud orders of magnitude larger than #SamBankmanFried, then they must be wilfully ignorant true believers in their own respective cults.

    The hosts don't say this, but: the only way out of the global financial craters these companies form when they explode will be to tax the oligarchs down to zero and liquidate all the companies' and executives' and major investors' assets.

    youtube.com/watch?v=fmK40iq-U6Y

  2. @Zitron of the #BetterOffline podcast joins Isaac Pound of #TheTechReport YouTube channel, where they discuss the financial reality of the #genAI super-scalers and their partners in circular finance and wishful speculation.

    There does not appear to be any possibility of the GPT-based #AI industry (such as #LLM services) to ever not run at a net financial loss while retaining enough customers to cover their sunk costs. If the CEOs aren't aware of this and wilfully conducting a fraud orders of magnitude larger than #SamBankmanFried, then they must be wilfully ignorant true believers in their own respective cults.

    The hosts don't say this, but: the only way out of the global financial craters these companies form when they explode will be to tax the oligarchs down to zero and liquidate all the companies' and executives' and major investors' assets.

    youtube.com/watch?v=fmK40iq-U6Y

  3. @Zitron of the #BetterOffline podcast joins Isaac Pound of #TheTechReport YouTube channel, where they discuss the financial reality of the #genAI super-scalers and their partners in circular finance and wishful speculation.

    There does not appear to be any possibility of the GPT-based #AI industry (such as #LLM services) to ever not run at a net financial loss while retaining enough customers to cover their sunk costs. If the CEOs aren't aware of this and wilfully conducting a fraud orders of magnitude larger than #SamBankmanFried, then they must be wilfully ignorant true believers in their own respective cults.

    The hosts don't say this, but: the only way out of the global financial craters these companies form when they explode will be to tax the oligarchs down to zero and liquidate all the companies' and executives' and major investors' assets.

    youtube.com/watch?v=fmK40iq-U6Y

  4. @Zitron of the #BetterOffline podcast joins Isaac Pound of #TheTechReport YouTube channel, where they discuss the financial reality of the #genAI super-scalers and their partners in circular finance and wishful speculation.

    There does not appear to be any possibility of the GPT-based #AI industry (such as #LLM services) to ever not run at a net financial loss while retaining enough customers to cover their sunk costs. If the CEOs aren't aware of this and wilfully conducting a fraud orders of magnitude larger than #SamBankmanFried, then they must be wilfully ignorant true believers in their own respective cults.

    The hosts don't say this, but: the only way out of the global financial craters these companies form when they explode will be to tax the oligarchs down to zero and liquidate all the companies' and executives' and major investors' assets.

    youtube.com/watch?v=fmK40iq-U6Y

  5. @Zitron of the #BetterOffline podcast joins Isaac Pound of #TheTechReport YouTube channel, where they discuss the financial reality of the #genAI super-scalers and their partners in circular finance and wishful speculation.

    There does not appear to be any possibility of the GPT-based #AI industry (such as #LLM services) to ever not run at a net financial loss while retaining enough customers to cover their sunk costs. If the CEOs aren't aware of this and wilfully conducting a fraud orders of magnitude larger than #SamBankmanFried, then they must be wilfully ignorant true believers in their own respective cults.

    The hosts don't say this, but: the only way out of the global financial craters these companies form when they explode will be to tax the oligarchs down to zero and liquidate all the companies' and executives' and major investors' assets.

    youtube.com/watch?v=fmK40iq-U6Y

  6. Federal prosecutors who investigated #EricAdams put on leave by #Trump’s #DOJ

    The #Justice Dept on Friday put 3 federal prosecutors in Manhattan on leave, sources told ABC News.

    2 of the prosecutors–Andrew Rohrbach & Celia Cohen–worked on the prosecution of #NYC Mayor Eric Adams.

    Rohrbach also worked on the successful prosecutions of #JeffreyEpstein associate #GhislaineMaxwell, former #crypto executive #SamBankmanFried & lawyer #MichaelAvenatti.

    #law #corruption
    abcnews.go.com/US/federal-pros

  7. As part of the #clemency effort, #SBF’s parents Mr. Bankman & Ms. Fried, who are #Stanford University #law professors & longtime active #Democrats [shame], are consulting w/Kory Langhofer, an AZ atty who worked for #Trump’s 2016 & 2020 presidential campaigns. Politically connected businesspeople & DC lobbyists have also received outreach from intermediaries who claim to be allies of #SamBankmanFried….

    #criminal #law #felon47 #SEC #fraud #MoneyLaundering #broligarchy #cryptobros #technocracy

  8. Quite a few interesting facts layed out in this interview with #AnthonyScaramucci ex-press secretary fired by Trump in 11 days.

    - press secretaries are expected to lie a lot
    - danger of stoking divisive rhetoric
    - #wallStreet are allocating funds assuming trump will lead like a centrist
    - (!DANGER!) pumped #tokenization "of parts of the world" (@gabriel)
    - defensiveness at mention of #samBankmanFried and #ukraine

    https://mf.b37mrtl.ru/files/2024.11/6740843a85f5406a983fce78.mp3

    @jeffcliff #skyBridgeCapital

  9. FTX co-founder and key witness Gary Wang asks judge for no jail time - Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness... - cointelegraph.com/news/gary-wa #sambankmanfried #cryptoexchange #garywang #court #fraud #ftx #sbf #ny

  10. El #cyberpunk no está en "#ElonMusk, #PeterThiel, #MarkZuckerberg, #SamBankmanFried y otros #weirdos blancos, inmaduros pero con muchísimo dinero, encerrados en #fantasías morbosas de #poder e influencia. Ellos son parte del mal —de la ambición desmedida, destructiva, ciega hasta perder toda semejanza con lo humano— contra el que todavía nos advierte lo ciberpunk."
    🤖
    40 años de #ciberpunk, mi nuevo #artículo en Literal Magazine. literalmagazine.com/40-anos-de

    #literatura #cine #manga #comic #arte

  11. Michael Lewis doing hard hitting journalism back in 2022 on stage at the #FTX Bahamas conference with awesome human beings Sam Bankman-Fried and Katie Haun (alumnus of #Trump loving #a16z, now #HaunVentures) explaining how everything traditional finance does is actually way better in crypto.

    Literally he says that.

    #SamBankmanFried #Crypto #AndreessenHorowitz #KatieHaun #KathrynHaun #finance #USPol #MichaelLewis #SBF

  12. Michael Lewis doing hard hitting journalism back in 2022 on stage at the #FTX Bahamas conference with awesome human beings Sam Bankman-Fried and Katie Haun (alumnus of #Trump loving #a16z, now #HaunVentures) explaining how everything traditional finance does is actually way better in crypto.

    Literally he says that.

    #SamBankmanFried #Crypto #AndreessenHorowitz #KatieHaun #KathrynHaun #finance #USPol #MichaelLewis #SBF

  13. Michael Lewis doing hard hitting journalism back in 2022 on stage at the #FTX Bahamas conference with awesome human beings Sam Bankman-Fried and Katie Haun (alumnus of #Trump loving #a16z, now #HaunVentures) explaining how everything traditional finance does is actually way better in crypto.

    Literally he says that.

    #SamBankmanFried #Crypto #AndreessenHorowitz #KatieHaun #KathrynHaun #finance #USPol #MichaelLewis #SBF

  14. Michael Lewis doing hard hitting journalism back in 2022 on stage at the #FTX Bahamas conference with awesome human beings Sam Bankman-Fried and Katie Haun (alumnus of #Trump loving #a16z, now #HaunVentures) explaining how everything traditional finance does is actually way better in crypto.

    Literally he says that.

    #SamBankmanFried #Crypto #AndreessenHorowitz #KatieHaun #KathrynHaun #finance #USPol #MichaelLewis #SBF

  15. Michael Lewis doing hard hitting journalism back in 2022 on stage at the #FTX Bahamas conference with awesome human beings Sam Bankman-Fried and Katie Haun (alumnus of #Trump loving #a16z, now #HaunVentures) explaining how everything traditional finance does is actually way better in crypto.

    Literally he says that.

    #SamBankmanFried #Crypto #AndreessenHorowitz #KatieHaun #KathrynHaun #finance #USPol #MichaelLewis #SBF

  16. "Why the autism defense for Sam Bankman-Fried is so offensive"

    Note that I found the article rather balanced.

    However, I did not know that some dirtbags were arguing about lenience because of his autism.

    FFS!

    That's playing into the old tropes that autistic people are uncaring robots.

    :headache:

    Yeah. I guess there are some people whose brain is so warped up that they cannot tell right from wrong. However, this is an **individual** characteristic.

    Maybe someone could have made an argument on this basis. "SBF is so wrapped up in his own mind that..."

    Fair enough.

    But to appeal to autism? Give me a fucking break. More people to add to my shit list.

    I'm glad the judge did not buy it.

    #USNews #SamBankmanFried #FTX #fraud #scam #scammer #autism #autistic

    msnbc.com/opinion/msnbc-opinio

  17. Cryptocurrency fraudster Bankman-Fried is now being sentenced, will soon find out how long he is in prison:

    theguardian.com/business/live/

    To manage expectations, the prosecutors have asked for 40-50 years while the defence asked for 6 years. (The headlines about 100 years are only a theoretical maximum, no one is actually asking for that.)

    #BankmanFried #SamBankmanFried #Web3IsGoingGreat

  18. Cryptocurrency fraudster Bankman-Fried is now being sentenced, will soon find out how long he is in prison:

    theguardian.com/business/live/

    To manage expectations, the prosecutors have asked for 40-50 years while the defence asked for 6 years. (The headlines about 100 years are only a theoretical maximum, no one is actually asking for that.)

    #BankmanFried #SamBankmanFried #Web3IsGoingGreat

  19. Cryptocurrency fraudster Bankman-Fried is now being sentenced, will soon find out how long he is in prison:

    theguardian.com/business/live/

    To manage expectations, the prosecutors have asked for 40-50 years while the defence asked for 6 years. (The headlines about 100 years are only a theoretical maximum, no one is actually asking for that.)

    #BankmanFried #SamBankmanFried #Web3IsGoingGreat

  20. Cryptocurrency fraudster Bankman-Fried is now being sentenced, will soon find out how long he is in prison:

    theguardian.com/business/live/

    To manage expectations, the prosecutors have asked for 40-50 years while the defence asked for 6 years. (The headlines about 100 years are only a theoretical maximum, no one is actually asking for that.)

    #BankmanFried #SamBankmanFried #Web3IsGoingGreat

  21. Cryptocurrency fraudster Bankman-Fried is now being sentenced, will soon find out how long he is in prison:

    theguardian.com/business/live/

    To manage expectations, the prosecutors have asked for 40-50 years while the defence asked for 6 years. (The headlines about 100 years are only a theoretical maximum, no one is actually asking for that.)

    #BankmanFried #SamBankmanFried #Web3IsGoingGreat

  22. Prosecutors said Sam Bankman-Fried should get as much as 50 years behind bars for his role in the collapse of his FTX cryptocurrency exchange in "what is likely the largest fraud of the last decade.” japantimes.co.jp/business/2024 #business #sambankmanfried #ftx #theft #uscourts #cryptocurrencies

  23. Sooo, the rich white guy who wrote Moneyball and The Big Short has also written The Blind Side (aka 'that racist sports movie with the pretend-adoption'), and has recently taken a crack at writing a book to try and make #SamBankmanFried look cool.

    Buuuut he is so much of a clueless boomer he thinks Sam must be a genius for having ADHD, not having a CFO, and philosophising about charity

    #MichaelLewis
    youtube.com/watch?v=a9tDihgEn2

  24. (Please boost for reach.)

    @FortuneMagazine

    "Lucid dream startup says engineers can write code in their sleep. Work may never be the same"

    :headache: As someone who occasionally lucid dreams, I can tell you that lucid dreaming does not work this way. I'm also a software engineer, by the way.

    The last thing we need is bloody capitalists trying to colonize our dreams.

    Also, dear Fortune, your ability at predicting anything is awful. I give you the picture below which shows the problem. (It includes Forbes for good measure, because it sucks too.)

    #USNews #FortuneMagazine #idiots #startups #software #coding #engineering #LucidDreaming #LucidDreams #capitalism #ElizabethHolmes #SamBankmanFried #Forbes

    fortune.com/2023/11/30/lucid-d

  25. can someone please ask michael lewis to stop referring to the sam bankman-fried trial as a "lynching" holy shit

    #SBF #SamBankmanFried #MichaelLewis