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OpenAI’s promise to stay in California helped clear the path for its IPO

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Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#101

Post by alhazraed »

coliveira wrote: post #69
CamelCaseName wrote: post #10

Earlier quoted context omitted.

Can someone explain to me what Sam Altman is doing to be so far ahead of everyone else in terms of navigating these high stakes roles? This happened at YC and a number of other places too, he goes into situations with nothing and comes out on top despite all odds. Is he that skilled an operator, negotiator, or manipulator or something?

There is a book written about this topic. SA is the classic manipulator. He talks to each person whatever they want to hear, irrespective of what he really believes. Many of the things he says about AI and OpenAI are clear BS, but he'll sell that to anyone with a different flavor.

What book?

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#102

Post by alfalfasprout »

brokencode wrote: post #99
booi wrote: post #92

Earlier quoted context omitted.

except developing AI is very much a knowledge exercise with very little dependency on location. You don't move your manufacturing business out of Shenzhen because the entire hard supply chain from mining, refining, manufacturing, test, ship and trade are all there. You can't move a refinery that easily much less the entire supply chain.

Sure, but most of the country’s AI talent is concentrated there. Not to mention venture capital. What’s the advantage of moving? Maybe lower taxes and a cheaper rent. That seems like a small price to pay compared to the hundreds of billions they’re putting into data centers.

They're concentrated there because they've been asked to concentrate there. That can change on a dime.

It's not like data centers are mainly in SF.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#103

Post by philipallstar »

make3 wrote: post #87
hodder wrote: post #66

Can someone explain to me why California would believe Sam Altman plans to stay in California? This is a weak handshake agreement that could easily be flipped post IPO. The very flip from non-profit to IPO shows he will do what it takes for OpenAI to "succeed", so why would the geographical location be any more permanent than corporate structure. This isnt a diss to Sam either, it just shows he is motivated by whatev…

In the US, one has to remember that megacorps usually end up winning, as people mostly only care about money and blindly supporting corporations is seen as pro-economy. There are also no limits on political financial contributions, and people have really short attention spans. Politicians taking the superficial short-term win, as they will end up giving in to the megacorp anyway, is not surprising to me.

> and blindly supporting corporations is seen as pro-economy

These clumsy stereotypes are so pointless.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#106

Post by wubrr »

JumpCrisscross wrote: post #90
hodder wrote: post #66

Can someone explain to me why California would believe Sam Altman plans to stay in California? This is a weak handshake agreement that could easily be flipped post IPO. The very flip from non-profit to IPO shows he will do what it takes for OpenAI to "succeed", so why would the geographical location be any more permanent than corporate structure. This isnt a diss to Sam either, it just shows he is motivated by whatev…

> Can someone explain to me why California would believe Sam Altman plans to stay in California? The simple answer is unless developing LLMs becomes commoditised, the best place in the world to do it is in San Francisco. You don't take your manufacturing business out of Shenzhen without very good reason.

The location you're physically sitting in doesn't really matter. Saying 'san francisco cause san francisco' is also kinda boring and meaningless.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#107

Post by khazhoux »

I don’t understand the animus towards OAI going public. ChatGPT undoubtedly changed the world. The non->for profit status of the company is not impacting anyone. It’s not like their success was made possible by being a non-profit.

Suddenly everyone here is very very concerned with the classification of this corporate entity, and I detect people feel personally slighted. Why is that?

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#108

Post by vessenes »

wubrr wrote: post #106
JumpCrisscross wrote: post #90

Earlier quoted context omitted.

> Can someone explain to me why California would believe Sam Altman plans to stay in California? The simple answer is unless developing LLMs becomes commoditised, the best place in the world to do it is in San Francisco. You don't take your manufacturing business out of Shenzhen without very good reason.

The location you're physically sitting in doesn't really matter. Saying 'san francisco cause san francisco' is also kinda boring and meaningless.

This is the opposite of true. It's actively wrong. Location is almost everything; people move to financial and tech centers for a reason -- it matters where you are and who you know.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#109

Post by afavour »

yellow_postit wrote: post #100
JumpCrisscross wrote: post #90

Earlier quoted context omitted.

> Can someone explain to me why California would believe Sam Altman plans to stay in California? The simple answer is unless developing LLMs becomes commoditised, the best place in the world to do it is in San Francisco. You don't take your manufacturing business out of Shenzhen without very good reason.

The Texas Stock Exchange launches next year and I predict we will see a lot of tech try to move to launch there given txse claim to have lower compliance and less esg needs.

It’s frauds all the way down

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#110

Post by afavour »

philipallstar wrote: post #103
make3 wrote: post #87

Earlier quoted context omitted.

In the US, one has to remember that megacorps usually end up winning, as people mostly only care about money and blindly supporting corporations is seen as pro-economy. There are also no limits on political financial contributions, and people have really short attention spans. Politicians taking the superficial short-term win, as they will end up giving in to the megacorp anyway, is not surprising to me.

> and blindly supporting corporations is seen as pro-economy These clumsy stereotypes are so pointless.

It’s a broad statement but I wouldn’t say it’s an incorrect one.
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