I don’t think they can afford to, if they’re betting on this technology. They have to use their public influence to convince as many (important) people as possible for as long as possible to squeeze as much money as possible. After all, if these successful CEOs say it’s good, other CEOs may be swayed as well, and they’re the suckers that’ll end up deciding to spend the fruit of other people’s labour on infrastructure and tokens.
Oh sure they have to influence, but I would expect them to do so a bit more on the down low. If they have a whiff of self awareness, they know this will just do more harm than good to their interests.
These people literally have fuck you money, they can afford a fuck-up like the AI bubble popping tens of times over if not endlessly with their countless legal loopholes. Their attitudes are based purely on having never faced repercussions for their societal parasitism and an insatiable desire for “more”.
Financially, sure. Emotionally, their sense of self-worth and their image is defined by their financial success. To have bet on a losing horse would sting. Hence, they need it to succeed.
I don’t think they can afford to, if they’re betting on this technology. They have to use their public influence to convince as many (important) people as possible for as long as possible to squeeze as much money as possible. After all, if these successful CEOs say it’s good, other CEOs may be swayed as well, and they’re the suckers that’ll end up deciding to spend the fruit of other people’s labour on infrastructure and tokens.
Oh sure they have to influence, but I would expect them to do so a bit more on the down low. If they have a whiff of self awareness, they know this will just do more harm than good to their interests.
These people literally have fuck you money, they can afford a fuck-up like the AI bubble popping tens of times over if not endlessly with their countless legal loopholes. Their attitudes are based purely on having never faced repercussions for their societal parasitism and an insatiable desire for “more”.
Financially, sure. Emotionally, their sense of self-worth and their image is defined by their financial success. To have bet on a losing horse would sting. Hence, they need it to succeed.