interesting 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
How does that work?
OpenAI to buy AI startup from Jony Ive
741–750 of 1001 posts
Re: OpenAI to buy AI startup from Jony Ive
#742It's been Inflation-adjusted, this acquisition is worth 4x that for… vibes from a guy who led a famous team a long time ago?
Re: OpenAI to buy AI startup from Jony Ive
#743Earlier quoted context omitted.
I’m as much of a deep Ai skeptic as anyone but I can definitely think of use cases for while driving or walking, like asking questions about my own schedule or what people have emailed or asked me for in the last hour, or where I can get something specific to eat nearby and so on. Not sure it’s worth the hype but there are use cases. I do think it’s an interesting contrast with crypto, where there aren’t really.
What I want is for it to surface information to me, not me have to query it. Where is that AI? For example, if I usually eat between 2-4 PM, and I'm in the middle of time square, start suggesting places to eat based on my transaction history, or location history of restaurants I frequent. Something like that would be useful. If I have to ask, I might as well look at my phone most of the time. It'd likely be faster in…
Re: OpenAI to buy AI startup from Jony Ive
#744Re: OpenAI to buy AI startup from Jony Ive
#745Just need a way to talk to ChatGPT anytime. Microphone, speaker and permanent connection to ChatGPT. That’s all you need: io One need is being able to talk to ChatGPT in a whisper or silent voice… so you can do it in public. I don’t think that comes from them, but it will be big when it does. Much easier than brain implants! In an ear device, you need enough data of listening to the muscles and the sounds together, t…
It sounds cool, and the idea of asking questions about your day seems like it would be cool, but a few weeks later I’m finding myself forgetting to take it with me. The value just isn’t there yet. (And why have a clip on microphone when everyone already has a microphone in our pocket?)
It’s a cool toy though. Also a creepy toy since it can double as an eavesdropping device.
I have a feeling these AI companies will fall back to selling our data for advertising purposes once these companies realize their core products aren’t valuable enough for consumers to want to pay for the cost of it.
Re: OpenAI to buy AI startup from Jony Ive
#746Earlier quoted context omitted.
What exact use cases do I get from being able to talk to chatGPT when I am out in public? I can think of close to 0 value add to have an AI voice in my head when I'm taking a walk in the park or out to dinner.
People stare at their phones while walking, having dinner, and driving. It's not a big leap to imagine replacing that with subvocal conversations with AI.
Re: OpenAI to buy AI startup from Jony Ive
#747Wow Sam Altman is so full of himself... I would never want to work for this narcist. Just watch this video. https://x.com/sama/status/1925242282523103408
apparently it worked on some people: https://daringfireball.net/linked/2025/05/21/sam-and-jony-io
Re: OpenAI to buy AI startup from Jony Ive
#748A while back someone here on Hacker News made a pretty insightful comment that as great of a designer as Jony Ive is, a large part of his success is owed to the fact that he had an "editor" in the form of Steve Jobs. Once Jobs passed, he no longer really had an editor. It remains to be seen whether Sam Altman / OpenAI in general will be a good editor
Exactly. Also noting what happened with Ron Johnson (Apple Stores) after he left Apple (and was not surrounded by either Jobs or others that worked at Apple: https://en.wikipedia.org/wiki/Ron_Johnson_(businessman) I am wondering to what extent 'key man' insurance is needed. That's a big purchase to be riding on one man essentially (yes they are getting engineers and others but Jony seems to be the big ticket item for…
He never had any success post-Apple like you say, but it wasn't because there wasn't any "insurance man". For me, I see it as a guy who found something worked smashingly, so he just assumed it would work everywhere else.
The stuff he pulled at JC Penny is a master class in what NOT to do in business:
After his success at Apple and Target, Johnson was hired as chief executive officer by JCPenney in November 2011, succeeding Mike Ullman, who had been CEO for the preceding seven years. Ullman then was chairman of the board of directors, but was relieved of his duties in January 2013. Bill Ackman, a JCPenney board member and head of hedge fund Pershing Square supported bringing in Johnson to shake up the store's stodgy image and attract new customers. Johnson was given $52.7 million when he joined JCPenney, and he made a $50 million personal investment in the company. After being hired, Johnson tapped Michael Kramer, an Apple Store veteran, as chief operating officer while firing many existing JCPenney executives.[11][12][13]
When Johnson announced his transformation vision in late January 2012, JCPenney's stock rose 24 percent to $43.[14] Johnson's actual execution, however, was described as "one of the most aggressively unsuccessful tenures in retail history". While his rebranding effort was ambitious, he was said to have "had no idea about allocating and conserving resources and core customers. He made promises neither his stores nor his cash flows would allow him to keep". Similar to what he had done at Apple, Johnson did not consider a staged roll-out, instead he "immediately rejected everything existing customers believed about the chain and stuffed it in their faces" with the first major TV ad campaign under his watch. Johnson defended his strategy, saying that "testing would have been impossible because the company needed quick results and that if he hadn’t taken a strong stance against discounting, he would not have been able to get new, stylish brands on board."[12][14]
Many of the initiatives that were successful at the Apple Stores, for instance the "thought that people would show up in stores because they were fun places to hang out, and that they would buy things listed at full-but-fair price" did not work for the JCPenney brand and ended up alienating its customers who were used to heavy discounting. By eliminating the thrill of pursuing markdowns, the "fair and square every day" pricing strategy disenfranchised JCPenney's traditional customer base.[15] Johnson himself was said "to have a disdain for JCPenney’s traditional customer base." When shoppers were not reacting positively to the disappearance of coupons and sales, Johnson did not blame the new policies. Instead, he offered the assessment that customers needed to be "educated" as to how the new pricing strategy worked. He also likened the coupons beloved by so many core shoppers as drugs that customers needed to be weaned off."[11][12][13] While head of JCPenney, Johnson continued to live in California and commuted to work in Plano, Texas by private jet several days a week.[16]
Throughout 2012, sales continued to sag dramatically. In the fourth quarter of the 2012 fiscal year, same-store sales dropped 32%, which led some to call it "the worst quarter in retail history."[17] On April 8, 2013, he was fired as the CEO of JCPenney and replaced by his predecessor, Mike Ullman.[18][19]
Re: OpenAI to buy AI startup from Jony Ive
#749Earlier 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
#750A while back someone here on Hacker News made a pretty insightful comment that as great of a designer as Jony Ive is, a large part of his success is owed to the fact that he had an "editor" in the form of Steve Jobs. Once Jobs passed, he no longer really had an editor. It remains to be seen whether Sam Altman / OpenAI in general will be a good editor
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