From just these couple of articles, it's clear that the mainstream media is attempting to provide cover for people that appear to have committed fraud on a massive scale.
The next question is, WHY are they doing this?
I believe there is a few reasons...
1) The first is some sort of sunk-cost fallacy.
A large part of the reason SBF/FTX rose to prominence, was because of support from the media.
These publications have been publishing positive pieces for years. They likely feel a need to defend the image they helped create.
Lately @OpenAI has been getting a lot of positive press.
But they're in hot water after an article revealed they used workers in Kenya for less than $2/hr 😬
Here's a complete breakdown of the situation & what happens next...
Yesterday, an article was released by @TIME titled: "OpenAI Used Kenyan Workers on Less Than $2 Per Hour To Make ChatGPT Less Toxic."
While it was an attention-grabbing headline, there's actually much more to the story...
The workers in the story are from an outsourcing partner called Sama.
Sama's business model is simple:
They employ workers in Kenya, Uganda and India (i.e. cheap labor), to manually label data for Silicon Valley clients like @Google, @meta, and @Microsoft
Despite being 48 years old, this year will be THE most important one in @Microsoft's history.
Here's why I think Microsoft will surpass @Apple, @Google and @Meta to become the sole leader in big tech 🧵
After spending the 1990s dominating software, Microsoft began a downward spiral:
-Bill Gates stepped down as CEO
-The US government hit Microsoft with a massive antitrust case
-Microsoft whiffed on the smart phone & the internet generally
They seemed destined for irrelevance.
However, Microsoft's fortunes changed in 2014 when @satyanadella took the reigns of CEO and launched one of the most impressive comeback's in business history.