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Joined 1 year ago
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Cake day: July 9th, 2023

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  • Sarmyth@lemmy.worldtoMemes@lemmy.mlbe honest
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    27 days ago

    I used to believe this too. I was corrected and informed that if it collected as a donation it is not the company making the donation and they can not gain tax benefits from it. They also aren’t paying a sales tax on that money either.

    The benefit is exclusively the good PR from arranging the donation, which to be fair, they did. If the donation came through a credit card they may have covered the ~3% transaction fee, although they could potentially write that off for the portion that the donation increased the fee by.



  • I mean yeah… if he had a solution they would be actually have the revolutionary AI tool the tech writers write about.

    It’s kinda written like a “gotcha” but it’s really the fundamental problem with AI. We call it hallucinations now but a few years ago we just called it being wrong or returning bad results.

    It’s like saying we have teleportation working in that we can vaporize you on the spot but are just struggling to reconstruct you elsewhere. “It’s halfway there!”

    Until the AI is trustworthy enough to not require fact checking it afterwards it’s just a toy.













  • Guys… in the SEC article, it breaks it down. He was paid a little under $400k

    The rest is all in stock and options grants. It’s not real money yet. It’s not money that could have been spent on things or profits that could have been realized.

    If the stock tanks like Lemmy users believe it will, it’ll be considerably lower compensation. This is typical for a CEO and not scumbaggy on its own. You typically want the CEOs compensation to be heavily impacted by company performance. This is how that’s achieved.