• eicker@lemmy.worldOP
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    19 hours ago

    The founders got their Google exit, investors got their hype cycle, Disney gets the leftovers, and families get the consequences. Character.AI managed to automate companionship, monetize next to nothing, and somehow make bankruptcy look like the least disturbing part of its business model.

    • TeaWithDani@lemmy.world
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      7 hours ago

      Its a race to beat Kevin O’Leary’s terrible fuckover of Mattel when he sold his dot com bubble scam to them.

      They paid 4 billion (7+ billion adjusted for inflation) and 16 months later sold it for $0 and still took hundreds of millions in losses. lol

    • Whostosay@sh.itjust.works
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      14 hours ago

      Feels like we’re glossing over children’s deaths here while running an advert for being a despicable business.