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Joined 1 year ago
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Cake day: July 6th, 2023

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  • Technically they don’t gain money no, but they get:

    1. To move or dispose of product, making sales look better
    2. Free marketing, both in people having the drinks and to say “look we did a charity”
    3. To pay their taxes with effectively free money, because they take the product that they made for pennies, and count it as a “donation” at full price. Meaning that all the “profit” they would have made on markup goes straight to paying the taxes instead of making the money and paying taxes on the money they already made.

    It’s why a company donating their product is always better for them than a regular person donating cash. They are effectively still making money it’s just this time they are making money specifically to pay off their taxes.




  • A lot of business people also think that AI is a “force multiplier” meaning that if they use it they can get more done in less time. Anything that can do that is basically a money printer at the business level, which is why all these execs and companies are so excited about it.

    The problem is it’s not or at least not reliably proven to be so. All these companies are jumping on board thinking “shove some AI in there and get 20% growth” when in reality there’s no backing behind it working like that. And that’s why a lot of customers are turned off, because from the consumer side, AI is just sloppy unoriginal junk. But on the business side they just see “Productivity is up” never mind that the productivity is garbage quality.