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Emad Mostaque resigned as CEO of Stability AI

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Re: Emad Mostaque resigned as CEO of Stability AI

#231

Post by tasuki »

BhavdeepSethi wrote: post #191
alfiedotwtf wrote: post #168

Earlier quoted context omitted.

Sometimes you need to say fuck the money, I’ve already got enough, and I just want to do what I enjoy. It may not be an ideal model for HN but damn not everything in life is about grinding, P/E ratios, and vesting schedules

Yeah, that's easier to say when you have enough. A lot of employees might not be in that privilege position. The reality for some of the folks might be addressing education loans, families to take care of, tuition for kids, medical bills, etc.

Also oversize houses, expensive cars, etc...

Re: Emad Mostaque resigned as CEO of Stability AI

#232

Post by tiborsaas »

Satam wrote: post #30
minimaxir wrote: post #22

Earlier quoted context omitted.

AI businesses/models are capturing economic value: the problem is that costs are increasing much faster than revenue.

With the current limitations of AI in mind, it often looks like a solution looking for a problem. It's too unreliable, slow, dumb, and too expensive for a lot of the tasks companies would like to use it for. And that becomes part of the problem because it's hard to sell unreliable technology unless you design the product in a way that plays well with the current shortcomings. We will get there, but it's still a few i…

We use AI for simple tasks and it already pays off. It's not unreliable if you do it right.

Re: Emad Mostaque resigned as CEO of Stability AI

#234

Post by tasuki »

spxneo wrote: post #105
tymscar wrote: post #69

Earlier quoted context omitted.

Not twitter but here he is talking about that: https://youtu.be/BdZo4JUBSQk

You know it never ceases to amaze me how even the most respected fall prey to this money laundering scheme. If people even spent some time to read about Tether they would not touch this stuff. It's blood money.

I've never owned any Tether, so don't know much about it. How is it blood money?

Re: Emad Mostaque resigned as CEO of Stability AI

#235

Post by vasco »

HlessClaudesman wrote: post #197
famouswaffles wrote: post #45

Earlier quoted context omitted.

Midjourney is the most popular discord channel by far with 19.5M+ members, $200M in revenue in 2023 with 0 external investments and only 40 employees. The problem has nothing to do with commercializing image gen AI and all to do with Emad/Stability having seemingly 0 sensible business plans. Seriously this seemed to be the plan: Step 1: Release SD for free Step 2: ??? Step 3: Profit The vast majority of users couldn'…

Heres a Stable Diffusion buisness idea: sign up all the celebrities and artists who are cool with AI, and provide end users / fans with an AI image generation interface, trained on their exclusive likenesses / artwork (loras). You know, the old tried and true licensed merchandise model. Everybody gets paid.

> sign up all the celebrities and artists who are cool with AI

"Cool with AI" and "sell my likeness so nobody ever needs to hire me again" are too close for comfort on this one.

Re: Emad Mostaque resigned as CEO of Stability AI

#236

Post by hruzgar »

spxneo wrote: post #105
tymscar wrote: post #69

Earlier quoted context omitted.

Not twitter but here he is talking about that: https://youtu.be/BdZo4JUBSQk

You know it never ceases to amaze me how even the most respected fall prey to this money laundering scheme. If people even spent some time to read about Tether they would not touch this stuff. It's blood money.

Do you even know the tech behind crypto? Just because scammers and similar people use and promote it, doesn't make it a bad technology at all.

Re: Emad Mostaque resigned as CEO of Stability AI

#237

Post by Tangokat »

spxneo wrote: post #105
tymscar wrote: post #69

Earlier quoted context omitted.

Not twitter but here he is talking about that: https://youtu.be/BdZo4JUBSQk

You know it never ceases to amaze me how even the most respected fall prey to this money laundering scheme. If people even spent some time to read about Tether they would not touch this stuff. It's blood money.

With a bold claim like that citations would be in order.

Re: Emad Mostaque resigned as CEO of Stability AI

#238

Post by hruzgar »

ml-anon wrote: post #125

Emad is such an obvious grifter it’s honestly mad that he attracted so much VC money. He couldn’t even get his own story straight regarding his education and qualifications which should be a pretty clear disqualifying red flag from the outset. The Forbes article from last year was dismissed on here as a hit piece but the steady flow of talent out was the clear sign, capped by the original SD authors leaving last week…

haters always gonna hate no matter what someone does

Re: Emad Mostaque resigned as CEO of Stability AI

#239

Post by JimDabell »

famouswaffles wrote: post #45
Satam wrote: post #18

The underlying reason is that current AI businesses and models are failing to capture any significant economic value. We're going to get there, but it will take some more work. It won't be decades, but a few more years would be helpful

Midjourney is the most popular discord channel by far with 19.5M+ members, $200M in revenue in 2023 with 0 external investments and only 40 employees. The problem has nothing to do with commercializing image gen AI and all to do with Emad/Stability having seemingly 0 sensible business plans. Seriously this seemed to be the plan: Step 1: Release SD for free Step 2: ??? Step 3: Profit The vast majority of users couldn'…

> Seriously this seemed to be the plan:

> Step 1: Release SD for free

> Step 2: ???

> Step 3: Profit

That’s not true. He was pretty open about the business plan. The plan was to have open foundational models and provide services to governments and corporations that wanted custom models trained on private data, tailored to their specific jurisdictions and problem domains.

Re: Emad Mostaque resigned as CEO of Stability AI

#240

Post by malthaus »

kalkr wrote: post #219
vishnugupta wrote: post #104

Earlier quoted context omitted.

"Decentralised" AI probably means something to do with crypto. Like mint this ocin to get access to that model? That's my guess.

decentralization != coinshit

but now that the crypto boys are back en vogue and are returning from hibernation / ai-vacations due to price levels you can combine 2 hype trends into one and capture the imagination & wallets of 2 intersecting circles of fools!

so if these days someone is talking about decentralized anything i'd bet it involves coinshit again

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