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Sam Altman Is Getting Desperate and It Is Starting to Show

tickerfeed.net

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Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#11

Post by shortrounddev2 »

MangoToupe wrote: post #7
timmg wrote: post #3

Not sure why the government would bother to bail them out. I would imagine Google could take up most of the slack if OpenAI implodes.

You don't typically get to be a successful politician by being skeptical of future industry profits. I suspect the people who run our country tend to be credulous rubes in this regard. Sam Altman is many things, but he appears very good at spelling a narrative about the future of computation and the relative competitive risk of not aggressively pursuing it. Google simply has not taken this approach.

Does anyone believe this vision anymore though? It's obvious that the current tech is not the path to AGI

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#13

Post by preommr »

prodigycorp wrote: post #2

what is this article/website? it’s all very confusing. a blog post? a community post? is there an author? I really don’t mean to concern troll or anything but this text is so bizarre, it’s like it landed from space into the middle of some random website.

It looked AI generated so I got curious because it looks like some kind of link sharing forum.

I think it is a blog post (you can see it here https://tickerfeed.net/articles), from something called the "free lunch blog".

Still not sure if it's ai generated or not.

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#14

Post by Mistletoe »

JKCalhoun wrote: post #5

"In the past few months alone, OpenAI has racked up commitments of nearly $1.5 trillion, including: $250 billion with Microsoft - using Azure cloud platform capacity $500 billion with Oracle - for cloud computing capacity… : " I assume these companies will eat the loss and write it off for tax purposes.

I’m reminded of this because I’m not sure you just write off $500B.

Jerry: "So, we're gonna make the post office pay for my new stereo, now?"

Kramer: "It's a write-off for them."

Jerry: "How is it a write-off?"

Kramer: "They just write it off."

Jerry: "Write it off what?"

Kramer: "Jerry, all these big companies, they write off everything."

Jerry: "You don't even know what a write-off is."

Kramer: "Do you?"

Jerry: "No, I don't."

Kramer: "But they do. And they're the ones writing it off."

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#15

Post by dragonwriter »

softwaredoug wrote: post #6

If the government were to bail out, OpenAI wouldn’t that open up litigation from competitors like Google or anthropic?

> If the government were to bail out, OpenAI wouldn’t that open up litigation from competitors like Google or anthropic?

No. Government has done lots of bailouts, and it is has never opened up litigation from conpetitors, even though a common result is that the government (1) stops their competitor from failing, and (2) becomes a major and active shareholder in their competitor.

The reason it doesn't open up litigation is that there is no law which prohibits would therefore provide a cause of action for that.

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#16

Post by amelius »

prodigycorp wrote: post #2

what is this article/website? it’s all very confusing. a blog post? a community post? is there an author? I really don’t mean to concern troll or anything but this text is so bizarre, it’s like it landed from space into the middle of some random website.

Their about page:

> TickerFeed is a discussion forum centered around the stock market, public companies, investing strategies, financial news, and economic trends. Our goal is to foster insightful conversations that help investors and market watchers make sense of financial movements.

Basically HN but for financial folks.

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#17

Post by dzink »

jMyles wrote: post #10

He "clarified" on twitter. I think it's very important to presume good intentions, but I have to say, I found these even more troubling than a bailout: > What we do think might make sense is governments building (and owning) their own AI infrastructure, but then the upside of that should flow to the government as well. We can imagine a world where governments decide to offtake a lot of computing power and get to deci…

Government having a large AI farm goes towards one thing: using the AI to “guide” citizens with a firm and totally not-political arm.

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#18

Post by Ekaros »

timmg wrote: post #3

Not sure why the government would bother to bail them out. I would imagine Google could take up most of the slack if OpenAI implodes.

I can see bailing out banks, you need to keep money flowing. Bailing out something like auto industry. Lot of employees with non-transferable skills and restructuring will be mess.

With AI? Well just sell the assets in bankruptcy. Models can be sold, hardware and infra can be sold, IP and brands too can be sold. Employees, they have mostly transferable skills and are mobile already.

Even if AI companies fall, other people can pick up the pieces if there is something valuable left. Market might be affected. But I don't think it is only domino.

Re: Sam Altman Is Getting Desperate and It Is Starting to Show

#19

Post by watwut »

timmg wrote: post #3

Not sure why the government would bother to bail them out. I would imagine Google could take up most of the slack if OpenAI implodes.

Cause goverment loves them grifters and once they are bailed out they will gift things to the king personally.

Otherwise said, high level corruption that is not even hidden these days.

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