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Sunk cost fallacy. So much money has been invested in Anthropic and OpenAI at this point that to declare it a loss and walk away could potentially destroy a lo
by drakythe 2mo ago
Sunk cost fallacy.
So much money has been invested in Anthropic and OpenAI at this point that to declare it a loss and walk away could potentially destroy a lot of VC firms, and a non-trivial chunk of the US Economy.
- simianwords 2mo agoSunk cost fallacy is not relevant to future investment.
- daadx 2mo agowhat an absolute plonker do you know how ROIC is calculated? Good luck hiding your huge sunk cost of bilions and billions in there bro. I wish people who had zero understanding of actual finance would never comment about it. Moreover if they declare their existing assets are bunk, the valuation is marked down, especially after now pricing in failure risk - this is catastrophic for VC's. Again, bro, just be quiet.
- simianwords 2mo agosanest comment here
- SideburnsOfDoom 2mo ago> Sunk cost fallacy is not relevant to future investment Outside of future choices, what in the world is sunk cost fallacy in fact relevant to? Do you understand words?