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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

#261

Earlier quoted context omitted.

There's large brand value, and then there's $300B brand value. Without a moat, it's hard to argue OpenAI's value is that high.

[flagged]

>Come on ... think!

Explain their moat to us dummies.

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

#262

Earlier quoted context omitted.

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 90% of the time 5 years ago. Now honestly I don’t want him to build a whites only mars base.

[flagged]

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

#263

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.

He's just being louder about it than most billionaires.

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

#264
post #169

Earlier quoted context omitted.

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.

That would require the death of social media.

That's one of the things involved that should die, yes.

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

#265
post #141
post #72

Notably a steep discount from their recent raise at a 157B. The board would never approve.

Isn't this Musk offer just for the nonprofit part, i.e. not a comparable number?

Well the nonprofit theoretically controls the for-profit, so the argument would be that the subsidiary for profit is somehow worth more than its parent? It’s a complicated legal structure but I don’t think that could be true.

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

#266
post #25

Earlier quoted context omitted.

he's certainly becoming a single point of failure

really? I'm curious to know what he's failed at. Seems like he's making all the right moves lately.

you now have a significant percentage of the educated populace thinks he's an asshole at best and fascist at worst; this was most not the case before he bought twitter and went full-MAGA

I'd call that a fail.

Also, he was supposed to "save" Twitter and make it into a bigger social network and "everything app" (like WeChat). He instead decimated its revenue and so poisoned the brand that it'll never become an "everything app" other than among the same people buying $Trump coins.

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

#267

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.

Who are they? Google, Apple, Amazon, and Meta have already kissed the ring

Microsoft is the most influential business wise, and they did not align themselves with the new administration.

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

#268

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's only 50% evil :)

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

#269
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

We live in wild times, where billionaires share pathetic quips on social media. Like they are 12 and on a playground.

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

#270

Earlier quoted context omitted.

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.

[flagged]

If pre-Musk twitter was in the hands of censorship, what is it now? By all accounts it is a bot-infested echo chamber for his own bizarre obsessions where dissent is quickly stamped out.
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