this post was submitted on 26 Feb 2026
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Turns out Generative AI was a scam (garymarcus.substack.com)
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[–] Passerby6497@lemmy.world 8 points 2 days ago

Effectively the government paying you to move there by allowing you to not pay any taxes. So if your company is paying $2m/yr in taxes, you're being paid $2m+ to move your operations. You'll lose some of that to construction costs, but you'll likely more than make that up by paying (comparatively to previous employees) slave wages to locals.