Let me trace the timeline here because nobody's connecting it.
Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying.
Step 2: Train a model on all of it. Call it "artificial intelligence."
Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter."
Step 3 is where you sell people's own knowledge back to them. On a meter.
They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created.
One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility."
Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies.
That's the metered intelligence business model.
And they're pitching it to infrastructure investors as though they invented water.
Turns out the story of the year was just...made up. and it gets worse.
- John Doe is Chirayu Rana, 35, now a principal at Bregal Sagemount. he left JPMorgan and went straight to private equity.
- The whole "threaten his bonus" premise collapsed. Hajdini reported to a completely different managing director than Rana. she had no say over his compensation.
- JPMorgan pulled phone records, reviewed emails, interviewed the full team. found nothing. Rana even refused to participate in his own investigation.
- A colleague described Rana as "socially awkward" but someone who "met the requirements" to stay at the bank.
- Before any lawsuit, he tried to negotiate a payout in the "millions" to leave the bank quietly. they didn't bite.
- He filed court filing, then his lawyers retracted it for "corrections" and deleted it. But the Daily Mail already ran the whole thing and the rest twitter did its thing.
so he tried to get paid, didn't, then filed a now-retracted complaint against someone who couldn't touch his bonus. wild.
feel terrible for her and her family.