• Flying Squid@lemmy.world
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    3 months ago

    Not the first time this has happened. Even recently. See NFTs. Venture capitalists hear “tech buzzword” and throw money at it because if they’re lucky, it’s the next Google. Or at least it gets an IPO and they can cash out.

    • 𝓔𝓶𝓶𝓲𝓮@lemm.ee
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      3 months ago

      Yeah but the scale is bigger and we could be doing something worthwhile with all these finite resources it makes me a bit dizzy

      • Flying Squid@lemmy.world
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        3 months ago

        We could, but they don’t care about making the world a better place. They care about getting rich. And then if everything collapses, they can go to their private island or their doomsday vault or whatever and enjoy the apocalypse.