It's almost exactly what it says on the tin. Now Sam Altman just said that they were close to inventing a genie that could grant any wish, and that… I mean, that's padded cell type shit. Frankly, it's an SEC intervention at the very minimum. You can't say shit like this - I would say "period," but you absolutely can't say shit like this on the run up to an IPO. But they can say whatever they want, take whatever they want, and do whatever they want. That's the demoralization operation, well underway. It has a shelf-life, though. They can only loan each other money for so long. Then, they'll socialize the losses through nationalization.
July 29, 2026