It's somewhat odd to me that many companies operating in the public eye are basically stating "We are creating a digital god, an instrument more powerful than any nuclear weapon" and raising billions to do it, and nobody bats an eye...
Evolving OpenAI's Structure
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Re: Evolving OpenAI's Structure
#22From least to most speculative:
* The nonprofit is staying the same, and will continue to control the for-profit entity OpenAI created to raise capital
* The for-profit is changing from a capped-profit LLC to a PBC like Anthropic and Xai
* These changes have been at least tacitly agreed to by the attorneys general of California and Delaware
* The non-profit won’t be the largest shareholder in the PBC (likely Microsoft) but will retain control (super voting shares?)
* OpenAI thinks there will be multiple labs that achieve AGI, although possibly on different timelines
Re: Evolving OpenAI's Structure
#23It's somewhat odd to me that many companies operating in the public eye are basically stating "We are creating a digital god, an instrument more powerful than any nuclear weapon" and raising billions to do it, and nobody bats an eye...
Lots of people in academia and industry are calling for more oversight. It's the US government that's behind. Europe's AI Act bans applications with unacceptable risk: https://en.wikipedia.org/wiki/Artificial_Intelligence_Act
Re: Evolving OpenAI's Structure
#24It's somewhat odd to me that many companies operating in the public eye are basically stating "We are creating a digital god, an instrument more powerful than any nuclear weapon" and raising billions to do it, and nobody bats an eye...
The EU does and has passed the AI act to reign in the worst consequences of this nuclear weapon. It has not been received well around here.
The "digital god" angle might explain why. For many, this has become a religious movement, a savior for an otherwise doomed economic system.
Re: Evolving OpenAI's Structure
#25It's somewhat odd to me that many companies operating in the public eye are basically stating "We are creating a digital god, an instrument more powerful than any nuclear weapon" and raising billions to do it, and nobody bats an eye...
Well, because it's obviously bullshit and everyone knows it. Just play the game and get rich like everyone else.
Re: Evolving OpenAI's Structure
#26I think this is one of the most interesting lines as it basically directly implies that leadership thinks this won't be a winner take all market: > Instead of our current complex capped-profit structure—which made sense when it looked like there might be one dominant AGI effort but doesn’t in a world of many great AGI companies—we are moving to a normal capital structure where everyone has stock. This is not a sale,…
to me it sounds like an admission that AGI is bullshit! AGI would be so disruptive to the current economic regime that "winner takes all" barely covers it, I think. Admitting they will be in normal competition with other AI companies implies specializations and niches to compete, which means Artificial Specialized Intelligence, NOT general intelligence!
and that makes complete sense if you don't have a lay person's understanding of the tech. Language models were never going to bring about "AGI."
This is another nail in the coffin
Re: Evolving OpenAI's Structure
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Re: Evolving OpenAI's Structure
#28Re: Evolving OpenAI's Structure
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Re: Evolving OpenAI's Structure
#30I think this is one of the most interesting lines as it basically directly implies that leadership thinks this won't be a winner take all market: > Instead of our current complex capped-profit structure—which made sense when it looked like there might be one dominant AGI effort but doesn’t in a world of many great AGI companies—we are moving to a normal capital structure where everyone has stock. This is not a sale,…
to me it sounds like an admission that AGI is bullshit! AGI would be so disruptive to the current economic regime that "winner takes all" barely covers it, I think. Admitting they will be in normal competition with other AI companies implies specializations and niches to compete, which means Artificial Specialized Intelligence, NOT general intelligence! and that makes complete sense if you don't have a lay person's u…
That, or they don't care if they get to AGI first, and just want their payday now.
Which sounds pretty in-line with the SV culture of putting profit above all else.