How made-up is the stock market value? This made-up. Zach Abraham joins. Episode 1,277

The Todd Herman Show

Radio America

News, Society & Culture, Religion & Spirituality, News Commentary

4.8 • 1.5K Ratings

🗓️ 15 December 2023

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Zach Abraham joins us to talk about an $86 billion company called Open AI. You've heard of it; it's the company that created ChatGPT. Wanna know how much revenue we can legitimately associate with Open AI? $44,485. They are valued at $86 billion. Now, there is some nuance to this—the nuance being that they are only reporting revenue for their non-profit. You see, it's a charity that runs this company. I'll tell you the revenue the last time they decided to actually report it. This is just one more reason why we have Zach on the show to speak truth into these kinds of circumstances.

What does God’s Word say?
Psalm 37:13-22 13 but the Lord laughs at the wicked, for he knows their day is coming.
14 The wicked draw the sword and bend the bowto bring down the poor and needy, to slay those whose ways are upright.15 But their swords will pierce their own hearts, and their bows will be broken.
16 Better the little that the righteous have than the wealth of many wicked;17 for the power of the wicked will be broken, but the Lord upholds the righteous.
18 The blameless spend their days under the Lord’s care, and their inheritance will endure forever.19 In times of disaster they will not wither; in days of famine they will enjoy plenty.
20 But the wicked will perish: Though the Lord’s enemies are like the flowers of the field, they will be consumed, they will go up in smoke.
21 The wicked borrow and do not repay, but the righteous give generously;22 those the Lord blesses will inherit the land, but those he curses will be destroyed.

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Transcript

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0:00.0	This episode is brought to you by Cracken.
0:03.0	Crippo is like the financial system, but different.
0:06.0	He doesn't care where you come from,
0:08.0	what you look like, your credit score,
0:10.0	or your outrageous food delivery habits.
0:13.0	crypto is finance for everyone, everywhere, all the time.
0:17.0	Visit Krakon.com slash see what crypto can be.
0:21.0	To learn more.
0:23.0	Don't invest in as you're prepared to lose all the money you invest.
0:25.8	This is a high-risk investment, and you should not expect to be protected if something goes wrong.
0:29.7	So, let's just look at what's going on financially and sociately and let's take it from two angles.
0:39.0	Let's go to a honest bureaucrat, an actual honest bureaucrat, I'm just reading about this guy's name Scott Smith
0:45.6	and he worked in the separate country of Washington until recently he was a
0:51.4	Washington State Department of Transportation planner for
0:56.1	Estut State Department Transportation and he was asked to do an analysis of the
1:00.8	cap and trade carbon dioxide scheme you and what you exhale and funny thing
1:07.0	he came back and said hey this is going to cost the state money this is going to
1:11.5	cost the taxpayers money 40 to 50 cents per gallon.
1:15.0	And then his bosses got involved and said, well, you don't actually think you meant that.
1:18.0	We might need you to take another look at the numbers.
1:22.0	Plus, don't put it in email, don't put it in writing. you to take another look at the numbers.
1:22.6	Plus, don't put it in email, don't put it in writing,
	...

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