Earlier quoted context omitted.
Just to stem pointless debates before they flame up - both these acquisitions appear to be primarily if not exclusively for stock. Sure, if you want to get into theoretical finance, OpenAI could have sold these new shares for cash, so technically there's no difference, but OpenAI is only spending opportunity cost cash, rather than fiat. OpenAI's fiat likely still goes to the things you'd expect, like training models…
The AI hype seems driven more by stock valuations than genuine productivity gains. Developers now spend excessive time crafting prompts and managing AI generated pull requests :-) tasks that a simple email to a junior coder could have handled efficiently. We need a study that shows the lost productivity. When CEOs aggressively promote such tech solutions, it signals we're deep into bubble territory: “If you go forwar…
OpenAI to buy AI startup from Jony Ive
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Re: OpenAI to buy AI startup from Jony Ive
#402I don't understand all the pessimism and incredulity about the valuation. This is an acquisition to take on and disrupt Apple. Ives + Altman is perceived as a viable successor to the Ives + Jobs partnership that made Apple successful. Apple is weak and doesn't seem capable of innovating anymore, nor do they seem to understand how to build AI into products. There's an opportunity to build an Apple-sized hardware weara…
I just don't exactly see how that is done by hiring a bunch of designers to a company whose current offering is a chatbot & API interface.
Re: OpenAI to buy AI startup from Jony Ive
#403OpenAI announcement: https://openai.com/sam-and-jony/
Secondly, is it a weird Sora-stitchedc video? It feels like they just filmed their parts separately like they're not even talking to each other/interacting with each other. Very peculiar.
Re: OpenAI to buy AI startup from Jony Ive
#404interesting back door way to get sam altman some equity in openAI. I wonder how much of this is downstream from them not being able to convert to a for profit and giving sam a slug of equity
Re: OpenAI to buy AI startup from Jony Ive
#405Earlier quoted context omitted.
Let's ignore the 46 billion dollars wasted on the metaverse: https://www.nasdaq.com/articles/meta-platforms-has-spent-$46...
Meta haven't abandoned the metaverse, and made it very clear from the beginning that "the metaverse" was something that does not exist, and will not exist in any form until the end of the decade. They continuously reiterate this during earnings calls, while increasing their capital expenditures on it. You cannot determine it's a waste if the effort isn't completed, and if you have no insight into their progress.
Re: OpenAI to buy AI startup from Jony Ive
#406Sometimes two collaborators make each other better than either are alone. I get the sense that's how Steve Jobs and Jony Ive were. I've not seen anything Ive has done since be as good as what he did before. Someone has to hold the spike so the other one can swing the hammer. My guess is that's not how this relationship with Altman will work. And that picture is terrifying, please take it down and destroy the camera t…
Re: OpenAI to buy AI startup from Jony Ive
#407Earlier quoted context omitted.
The manor criticism of them is that they are just phone apps pointlessly shoved into an extra piece of hardware. What about them do you think was directionally correct? I.e. why not just use your phone?
"phone" is over - I would just make better devices, there would be a communications device, you could call it a phone or whatever. (Frankly: I just genuinely believe I could do a really good job here is all, I have no real reason to believe that except pure ego, I'm fine admitting that)
Re: OpenAI to buy AI startup from Jony Ive
#408I don't understand all the pessimism and incredulity about the valuation. This is an acquisition to take on and disrupt Apple. Ives + Altman is perceived as a viable successor to the Ives + Jobs partnership that made Apple successful. Apple is weak and doesn't seem capable of innovating anymore, nor do they seem to understand how to build AI into products. There's an opportunity to build an Apple-sized hardware weara…
Re: OpenAI to buy AI startup from Jony Ive
#409It is fascinating how design has become the new gold standard in the AI era. It really looks the strongest signals come from taste and design quality and AI is killing other signals.
Re: OpenAI to buy AI startup from Jony Ive
#410The ideas seemed important and useful. They were optimistic and hopeful. They were inspiring. They made everyone smile. They reminded us of a time when we celebrated human achievement, grateful for new tools that helped us learn, explore and create.