this post was submitted on 22 Sep 2024
183 points (100.0% liked)

TechTakes

1427 readers
106 users here now

Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

founded 1 year ago
MODERATORS
dgerard@awful.systems
183
Lionsgate sells movie catalog to AI video startup Runway hoping to replace artists and FX (pivot-to-ai.com)
submitted 2 months ago by dgerard@awful.systems to c/techtakes@awful.systems
29 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] imadabouzu@awful.systems 4 points 2 months ago

I can't say I know what Liongate's plan is, precisely, but I think you're hitting this on the head.

Remember. Most corporate strategy could be summarized as persuading investors for more debt. It doesn't really tell the whole story of what is or will happen, only what needs to be said loudly in a room full of fools holding the money bags.