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Musk-led group makes $97B bid for control of OpenAI

reuters.com

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Re: Musk-led group makes $97B bid for control of OpenAI

#161

Earlier quoted context omitted.

wow I had no idea the level of discourse on that x website was so low, has it always been like this?

Yes and no. Yes the level of discourse was always that bad, but previously the people posting at that level were Internet randos, not the President of the United States and the executives of our most important businesses. I do wonder if these clowns appreciate the long-term consequences of shattering the mystique of business executives. It's all memey fun and games in the moment, but later on when you have to make th…

Objectively good outcome.

Re: Musk-led group makes $97B bid for control of OpenAI

#162
post #99

Earlier quoted context omitted.

This is the modern version of 2010's "Amazon makes no money in retail"

But isn't it the case that the cash cow for Amazon is actually AWS? That is, without AWS would we consider Amazon to be the success we see it as today?

Yes we would.

Re: Musk-led group makes $97B bid for control of OpenAI

#163

Earlier quoted context omitted.

Well, I certainly hope people like sama are still willing to push back, and don't just bend the knee immediately to President Musk. Surely there's at least one or two people out there in Silicon Valley that still have a backbone.

It's a sad state of affairs when the hope is that Elon's illegal ravaging is stopped by Sam Altman .

I think Sam is at least stubborn and willing to be ruthless, so I feel like he's a good person to stand his ground

Re: Musk-led group makes $97B bid for control of OpenAI

#164
post #14

Earlier quoted context omitted.

https://xcancel.com/sama/status/1889059531625464090 , for those of us without an account.

FYI X has relaxed the login prompt (at least for me). You can again see the post without an account, but not the thread.

Good that we are talking about a thread of messages here.

Re: Musk-led group makes $97B bid for control of OpenAI

#165
post #8

Sam’s reply on twitter[0] no thank you but we will buy twitter for $9.74 billion if you want [0] https://x.com/sama/status/1889059531625464090 ?

Sam gives off incredibly strong “pride cometh before the fall” energy.

So does Musk, and Trump, and Bernie, and AOC, and basically everyone who is a "personality" in today's America.

...which is probably accurate. I remember reading a r/AskHistorians question on why Robespierre was unable to maintain control of the Committee for Public Safety, and the answer was basically that in revolutionary France, everybody who stuck their neck out got it cut off. Within 10 years of the revolution's start, basically all of its leaders were dead. In times of crises, people with big egos volunteer to fix it, but the crises cannot be fixed, and then those egos become the scapegoats who are executed to salve the public's cries for blood.

Re: Musk-led group makes $97B bid for control of OpenAI

#166
post #86
post #75

Earlier quoted context omitted.

> It's actually pretty cool to have everything concentrated, makes it solvable in a single shot. This kind of language has no place in civil society.

I don't mean literal shooting, obviously. How would you say it in a woke and politically correct way that wouldn't offend anybody? I couldn't find a better phrase, wasn't even a pun. Apologies.

For what it's worth, I think the comment (presumably unintentionally) primes readers by starting with "If he dies tomorrow ..."

Re: Musk-led group makes $97B bid for control of OpenAI

#167

It feels like Musk is single-handedly making a great case for why unlimited accumulation of wealth is a bad idea. It's pretty colorful language, but my mind immediately jumps to "financial terrorist". He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.

I typically like Elon about 70% of the time, but I need to agree here. I don't quite understand how he suddenly got so much influence.

He spent $44 billion on his own personal propaganda machine, and then used even more money to purchase the US presidency

Re: Musk-led group makes $97B bid for control of OpenAI

#168

It feels like Musk is single-handedly making a great case for why unlimited accumulation of wealth is a bad idea. It's pretty colorful language, but my mind immediately jumps to "financial terrorist". He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.

I typically like Elon about 70% of the time, but I need to agree here. I don't quite understand how he suddenly got so much influence.

I liked Elon until about 2018. Since then he's gradually degraded from "interesting founder" to "guy who picks fights about weird topics on the internet" to "absurdist oligarch actively working to destroy institutions which support average Americans."

I certainly suspect that there were always elements of what he's become that just weren't as publicly apparent.

Re: Musk-led group makes $97B bid for control of OpenAI

#169
post #8

Sam’s reply on twitter[0] no thank you but we will buy twitter for $9.74 billion if you want [0] https://x.com/sama/status/1889059531625464090 ?

Elon's response: https://x.com/elonmusk/status/1889062013109703009 > Swindler In another tweet chain: https://x.com/elonmusk/status/1889063777792069911 > Scam Altman

I absolutely hate how much CEOs acting like children / influencers has become the norm. Maybe they were always like this, and twitter has just given us a window into it, but I for one would wholeheartedly welcome a return to "respectability" norms for business and civic leaders.

Re: Musk-led group makes $97B bid for control of OpenAI

#170

OpenAI is not worth more than 9.74 billion, considering their moat is steadily shrinking and their models aren't even open. Even if OpenAI produces their chips via TSMC, it means that at least AMD can do the same, if not anyone else with just 100 million to spend.

OpenAI is the 6th most popular website in the world and if someone's going to kill Google, it's them. If they IPO'd today, they'd easily be worth hundreds of billions if not more.

IPOs are pump and dumps; this much is a given.

OpenAI isn't even profitable yet, and they might never become profitable.

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