return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoFailed Companies Are Selling Old Slack Chats and Email Archives to Train AIgizmodo.comexternal-linkmessage-square24linkfedilinkarrow-up1493arrow-down11
arrow-up1492arrow-down1external-linkFailed Companies Are Selling Old Slack Chats and Email Archives to Train AIgizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square24linkfedilink
minus-squareEtterra@discuss.onlinelinkfedilinkEnglisharrow-up23·2 days agoSome of them are selling to equity firms do be cannibalized and advanced/destroyed, or weirder, radically rebranded. For example: Be eco-friendly, online shoe company Overextend like crazy by buying brick and mortar stores Go broke and sell for pennies on the dollar Be different company Buy failed shoe company Change name completely Pivot to AI computing leases Somehow buy billions in already wait listed technology for inflated prices ???
minus-squareWispy2891@lemmy.worldlinkfedilinkEnglisharrow-up18·2 days agoI want to point out to other Lemmy users that this example it is not generic but it’s a real life example (allbirds)
minus-squareEtterra@discuss.onlinelinkfedilinkEnglisharrow-up5·2 days agoYeah I forgot to mention that part, thanks.
Some of them are selling to equity firms do be cannibalized and advanced/destroyed, or weirder, radically rebranded. For example:
I want to point out to other Lemmy users that this example it is not generic but it’s a real life example (allbirds)
Yeah I forgot to mention that part, thanks.