and yet deepseek just created an amazing model with the fraction of their compute resources
Trained at least in part on Chat-GPT data.
OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
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Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#12Gruber's shilling some here. Andreesen et al. started over from scratch when they created Netscape. They didn't use any of the NCSA code. It was a ground up re-write.
SamA wants to take everything the non-profit built and use it directly in HIS for profit enterprise. Fuck him.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#13I think their vision is as it should be ambitious, but I don't believe they can gain any real technical moat.
Models are commodities, even in the case Open ai goes through another major breakthrough nothing can stop some of their employees to run to other companies or founding their own and replicating or bettering the OpenAI results.
In fairness I realize that I don't use any of OpenAI's models. There are better alternatives for coding, translating or alternatives that are simply faster or cheaper (Gemini) or more open.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#14OpenAI's engineers: brilliant, A+, A* even.
OpenAI's C-suite: Well, they earned the C, but it was a letter grade.
What a profoundly unimaginative strategy. No matter the industry, a large-scale diversion of resources towards a moonshot goal will likely get you to that goal. They haven't made an argument as to why we should do that just for them, especially with all of the other alternatives.
And no, advertising your previously secret testing models (e.g. o3) as if they were market competitors is not how to prove they should have our money.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#15This doesn't seem to say much to back its comparisons. Wouldn't spending a giant amount of money create some sort of moat?
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#16In all fairness regarding his comment about Netscape - anyone who invested in Netscape at the IPO (and certainly before the IPO) at $2.9B - made a ton of money on the Internet. On the last day of trading, after the AOL exit 4 years it was worth (cash, stock, etc...) around $10B. Thank Mike Homer for pushing that one through, and Jim Barksdale for being savvy enough to recognize it as the right play.
Also, they started from scratch, they didn't take NCSA's Mosaic public, they left the university, brought in some established players, created a new company, and re-wrote the entire browser from scratch. SamA wants to take everything the non-profit created and just make it for profit. If he want's to do that he can create a new company, lure away the talent, start from scratch, and run from there. This "it's just like Mosaic -> Netscape" line is total bullshit and either Gruber doesn't remember like I do or he's intentionally misleading for some other goal.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#17Plot twist: OpenAI uses their GPU farms to mine cryptocurrency so that they get those unimaginable sums of money
That would be funny. Microstrategy with one level of abstraction.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#18Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#19Where is all the money going? Nvidia hardware?
Spatulas in Jensen's decorative jar.
Re: OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
#20I agree that at its current rate of $20 per month and continuous cash burn, OpenAI’s model doesn’t seem sustainable. But the same could have been said about Google in its early days. Back then, Google spent heavily to index websites without a clear path to profitability—until it figured out how to monetize. Similarly, OpenAI will likely release more products to generate revenue.
OpenAI has the potential to create the next groundbreaking innovation, like the iPhone. Who needs apps when the AI itself can handle everything?