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OpenAI to buy AI startup from Jony Ive

bloomberg.com

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Re: OpenAI to buy AI startup from Jony Ive

#531

Post by tgma »

DrBurrito wrote: post #521
xgolwks wrote: post #386

What the other commenters are forgetting is that this is the same Sam Altman who planned and executed the extraction of Reddit from Condé Nast. This acquisition (and the Windsurf acquisition) are all-stock deals, which have the added benefit of reducing the control the nonprofit entity has over the for profit OpenAI entity. How do you extract the for profit entity out of the hands of a nonprofit? - Step 1: you have c…

My understanding is that there are two types of stock, and the non profit controls the voting stock majority. This cannot be diluted. All other stock gives a (capped) fraction of the profits. This cannot be diluted by these operations, but the cap also can be a bad deal.

This is news to me. Do you have any reference for this? FWIW they did a restructuring that got rid of the capped-profit regime very recently.

Re: OpenAI to buy AI startup from Jony Ive

#532

Post by zblevins »

sandspar wrote: post #419
_se wrote: post #381

Earlier quoted context omitted.

If you think current "AI" can design and build a consumer device, I have a lot of bridges that I'd like to sell you.

Future AI will deserve a say in the design of its own body, right? Maybe it's not smart enough now, but as it dawns into personhood it'll likely gain some legal rights, including perhaps over its own body. Anyhow, as the AI's gain personhood there will likely be human-led movements to give them more rights. It'll be seen as gauche or gross to do things to AI without consulting it.

This is very utopian.

Re: OpenAI to buy AI startup from Jony Ive

#533

Post by qingcharles »

troupo wrote: post #449
vessenes wrote: post #316

OpenAI board: "Should we dilute the company 2% to acquire Jony Ive for the next 10 years? Yes." Hacker News: "Man these OpenAI folks are idiots." OpenAI absolutely should be getting in the hardware game; Ive is a mix of status acquisition and unicorn, and is not the only person/team/company you'd need to make a quality hardware product. But on balance I'd pay 2% of every company I ever had any financial engagement wi…

Ive left Apple 6 years ago . What exactly has his company done since? And before that he was responsible for some of the worst hardware decisions in Apple history.

It doesn't even matter. The video on the site says it all when Sam says "This guy designed the iPhone, the Macbook Pro!" -- they're buying a brand, a legend. They can now say they have "the iPod guy" on their team. Nobody else has Jony and that's what matters.

Re: OpenAI to buy AI startup from Jony Ive

#535

Post by WorldPeas »

chairhairair wrote: post #124
nickrubin wrote: post #7

OpenAI announcement: https://openai.com/sam-and-jony/

Altman: "Jony was running a design firm called LoveFrom that had established itself as really the densest collection of talent that I've ever heard of in one place AND HAS PROBABLY EVER EXISTED IN THE WORLD." I felt physically sick from second-hand embarrassment watching this.

I almost had to tap out after the number Ive did on Altman in the early monolouge. Feels like some kind of office satire written by Mike Judge

Re: OpenAI to buy AI startup from Jony Ive

#536

Post by spiantino »

madeofpalk wrote: post #442
criddell wrote: post #413

Earlier quoted context omitted.

Maybe the company is inconsequential and this is just about hiring Ive?

Ive will not be joining OpenAI, and they’re also not buying Ive’s design firm LoveFrom.

Kind of both? "While Ive and LoveFrom will remain independent, they will take over design for all of OpenAI, including its software. Altman said his first conversations with Ive weren’t about hardware, but rather about how to improve the interface of ChatGPT."

Re: OpenAI to buy AI startup from Jony Ive

#538

Post by MisterSandman »

sandspar wrote: post #419
_se wrote: post #381

Earlier quoted context omitted.

If you think current "AI" can design and build a consumer device, I have a lot of bridges that I'd like to sell you.

Future AI will deserve a say in the design of its own body, right? Maybe it's not smart enough now, but as it dawns into personhood it'll likely gain some legal rights, including perhaps over its own body. Anyhow, as the AI's gain personhood there will likely be human-led movements to give them more rights. It'll be seen as gauche or gross to do things to AI without consulting it.

You can’t casually say “AI’s gain personhood.” That is so far out in the future, that’s beyond AGI.

Re: OpenAI to buy AI startup from Jony Ive

#539

Post by moralestapia »

brap wrote: post #529
xgolwks wrote: post #386

What the other commenters are forgetting is that this is the same Sam Altman who planned and executed the extraction of Reddit from Condé Nast. This acquisition (and the Windsurf acquisition) are all-stock deals, which have the added benefit of reducing the control the nonprofit entity has over the for profit OpenAI entity. How do you extract the for profit entity out of the hands of a nonprofit? - Step 1: you have c…

Sam also ran a crypto scam called WorldCoin. Their secret sauce was tricking poor people in Africa.

>ran

Nope [1].

1: https://world.org/

Re: OpenAI to buy AI startup from Jony Ive

#540

Post by BeFlatXIII »

rafram wrote: post #481
catigula wrote: post #452

Earlier quoted context omitted.

That is interesting given that reddit has gone from a cultural powerhouse to something most people talk about shamefully, if at all.

Really? My perception (and their metrics seem to back this up) is that “normal people” are really on Reddit now. It’s the #7 most visited site in the world. It exploded during the pandemic - not just a site for internet nerds anymore.

Which is why it's garbage these days.
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