Venture capital is having a bad time — and AI isn’t going to fix it
The AI bubble is substantially fueled by venture capitalists looking for a lottery ticket. They’ve dragged along big tech companies who are looking for enterprise upsells. The big techs are also VC…
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Oof, that DEAL act thingy looks gross.
That would take us right into Albanian pyramid scheme territory.
Developing and Empowering our Aspiring Leaders (DEAL) Act
That can’t possibly be the actual name of that thing. It sounds like something out of North Korea. The fuck are these people smoking?
It’s something of a tradition to occasionally frankenstein together a backronym for bills/acts. Feel free to search “worst US backronyms” or similar for more!
@swlabr @mii One of the most notorious is the USA PATRIOT Act - Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act. Really.
Its counterpart in UK legislation is the Terrorism Act 2000, which manages to be both more informative and much, much shorter.
There's a venn diagramm with politicians and astronomers and the overlap is god-awful acronyms? TIL!
Is there any reporting on it? I can't find literally any article beyond the raw text.
