Character.AI, the GenAI site that convinced some children to kill themselves, has gone bankrupt after parents sued them.
we found hordes of chatbots explicitly dedicated to themes of pedophilia, suicide, self-harm, and eating disorder coaching, as well as a thriving community of users creating chatbots designed to simulate school shootings, romanticize real mass shooters, and even impersonate the real child victims of mass shootings.
Fun thing about investing is that it values hype as much as it values results. You don’t need to believe in the product, you just need to believe that other people will invest money faster than the company loses money, and you’ll come out ahead.
Good think American retirement accounts are legally required to invest in stuff.