How good or bad is this for OpenAI?
Depends on how tight his non-compete is.
https://www.ftc.gov/news-events/news/press-releases/2024/04/...
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How good or bad is this for OpenAI?
Depends on how tight his non-compete is.
https://www.ftc.gov/news-events/news/press-releases/2024/04/...
There’s a halo around Ilya Sutskever as the Albert Einstein of AI. Are there others on par with his— umm, how would you qualify it—- AI intuition or are we idolizing?
Funny enough people will still call OpenAI “an engineering led company” when very obviously it’s slowly being taken over by the same MBAs as Google
Ilya will literally have a blank check from almost all the VC's in the industry.
And probably all of the big tech CEOs are trying to get him on the phone right now.
Stability will most likely make him CEO.
I'm not saying it's a conspiracy, but it's an awful big coincidence, especially since today is Tuesday and usually these things happen on a Friday.
Ilya knows how ChatGPT works. Any company that hires him will be able to catch up with ChatGPT.
You will still need the compute resources of Microsoft, Meta etc. And they have their own people who equally know how LLMs work. Even raising funds is not a certainty given that VCs are becoming more cautious with AI as they realise it's now a platform fight between the mega corporations.
Earlier quoted context omitted.
Most of the VCs have already spent their money in the last couple of years. So he may have a blank check but not nearly enough to build an OpenAI competitor. Would love to see him at IBM with full use of their quantum systems.
> Most of the VCs have already spent their money in the last couple of years. Lol no. There is about ~$500B in VC dollars, not to mention $1.2T in buyout dry powder still floating around. Not to mention venture funds raised continue to grow YoY. https://www.bain.com/globalassets/noindex/2024/bain_report_g...
Many of the VCS are over-exposed and still need to have funds to cover follow-on investments in the space. Not buying that there is the widespread appetite to fund a multi-billion new startup like there was a year or two ago.
Altman's tweet ( https://x.com/sama/status/1790518031640347056?s=46 ) makes it seem as if he wanted to stay, and Ilya disagreed and "chose" to depart. Very interesting framing.