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Ilya Sutskever to leave OpenAI

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Re: Ilya Sutskever to leave OpenAI

#115
post #43

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.

That would be highly irresponsible of them to hire someone who went directly against leadership with an attempted coup.

Stability will most likely make him CEO.

Re: Ilya Sutskever to leave OpenAI

#117
So the CEO of Amazon Web Services and the Chief Scientist of OpenAI are on the market on the same day...

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.

Re: Ilya Sutskever to leave OpenAI

#118

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.

Plenty of companies have compute, but everyone is barely catching up to GPT-4 over a year after release. I'm sure places like Meta would love to unlock the details of what makes it so good.

Re: Ilya Sutskever to leave OpenAI

#119
post #77

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...

I was referring more specifically to the AI segment.

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.

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