“CEO said a thing!” journalism is now utterly pervasive, and includes parroting billionaire and CEO claims with a total disregard for whether or not anything being said is actually true.

  • Thorry@feddit.org
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    17 days ago

    What annoys me most is this asshole gets away with it all the time. He’s been clearly lying for years and years now. He claims his companies can do stuff they obviously can’t, yet every time he makes a new claim the stock goes up.

    How is he not in jail? Sure you might present things in a favorable light, cherry pick the ideal testcase, talk about the most optimistic predictions. But just straight up lie? Isn’t that like fraud or something?

    And because he’s gotten away with it, a lot of dickheads like him are doing it as well. That meme boy Sam Altman with his bullshit line about AGI replacing all jobs in 2025. Now we’re in 2026 and all of a sudden it’s yeah maybe 2028 or maybe 2030. OK so you were just pulling shit out of your ass and have zero paths to AGI, like anyone with a brain already knew. But again zero consequences, just keep pumping that stock with bullshit.

    At least with Nvidia they have actual products that do what it says on the tin. The folks running the show there should also definitely be in jail for their endless carousel of circular investment bullshit, but at least they have an actual product.

    • SaveTheTuaHawk@lemmy.ca
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      17 days ago

      How is he not in jail?

      Because he gets the right people rich and makes the simps poor.

      Elizabeth Holmes made the mistake of taking money from the rich.