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Y Combinator's Stake in OpenAI (0.6%?)

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Re: Y Combinator's Stake in OpenAI (0.6%?)

#31

Post by lukan »

sevenzero wrote: post #29
lukan wrote: post #27

Earlier quoted context omitted.

""Artificial General Intelligence" which has been clearly hijacked to mean something else." I mean, the goalposts shifted. The game Go used to be considered to require true AI. Passing the turing test. Scanning, analyzing and improving complex codebases largely on their own would have been considered some sort of AGI by me 6 years ago. Now sure, we all know they lack true understanding. But it gets blurry at times wh…

Maybe the dystopian AI development will result in energy funding and advancements that actually benefit most of us. I really hope all this turns out in a net positive for humanity. If we wont get true "AGI", which we are far far away from, we at least could make some advancements in different areas.

Well, I surely hope so, but I feel less positive if that means a nuclear power plant is parked before every new rushed datacenter

https://www.scmp.com/news/china/science/article/3351721/chin...

But in general I do believe AI has the potential to be a great positive for humanity on its own - if the open models stay strong and not only a few people control them.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#32

Post by epolanski »

kibibu wrote: post #12
bitmasher9 wrote: post #8

Earlier quoted context omitted.

OpenAI’s last post-money valuation was less than a trillion. They’ll probably cross that point in the future, but let’s not get ahead of ourselves.

It was $852 billion - 0.1% of which is $852 million

Can only buy a luxury mega yacht, few mansions and private jets, but let's be real, after this you're lucky if you're left with just enough to buy yourself an European football club.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#33

Post by sevenzero »

lukan wrote: post #31
sevenzero wrote: post #29

Earlier quoted context omitted.

Maybe the dystopian AI development will result in energy funding and advancements that actually benefit most of us. I really hope all this turns out in a net positive for humanity. If we wont get true "AGI", which we are far far away from, we at least could make some advancements in different areas.

Well, I surely hope so, but I feel less positive if that means a nuclear power plant is parked before every new rushed datacenter https://www.scmp.com/news/china/science/article/3351721/chin... But in general I do believe AI has the potential to be a great positive for humanity on its own - if the open models stay strong and not only a few people control them.

I can see your reasoning. Unfortunately I see and experience everything wrong with AI in my daily life. People ask it what gifts to buy for their loved ones or use it as therapist substitute. Humans are not ready for this technology. A lot of us are even losing the ability to read properly (even though thats related to technology in general). It's extremely scary. The only advantage humans have is an extraordinary big brain and a pair of thumbs, we can't afford to use our brains less.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#34

Post by avazhi »

rvz wrote: post #11

Greg Brockman (President of OpenAI) also said that OpenAI is around 80% close to achieving "AGI", but it was disclosed that his stake in OpenAI is worth around 30BN. So what does the true definition of "AGI" actually mean? It depends on who you ask. It appears to many to mean "A Great IPO" or "A Gigantic IPO" at this point rather than "Artificial General Intelligence" which has been clearly hijacked to mean something…

One of the random tidbits I can remember from the New Yorker Altman deep dive was Brockman being obsessed about making $1B dollars. It was memorable because I actually cringed reading it.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#35

Post by christkv »

rvz wrote: post #11

Greg Brockman (President of OpenAI) also said that OpenAI is around 80% close to achieving "AGI", but it was disclosed that his stake in OpenAI is worth around 30BN. So what does the true definition of "AGI" actually mean? It depends on who you ask. It appears to many to mean "A Great IPO" or "A Gigantic IPO" at this point rather than "Artificial General Intelligence" which has been clearly hijacked to mean something…

AGI is defined as whatever it takes for stock holders to make $$$ I guess?

Re: Y Combinator's Stake in OpenAI (0.6%?)

#36

Post by FabHK »

geuis wrote: post #25

Could someone (non-AI) summarize this? I'm sorry but I just literally don't have time to even read long posts from very reputable sources. I know I need the info but time just isn't there in my life right now.

Ronan Farrow and Andrew Marantz had a critical investigative report in The New Yorker on Sam Altman and OpenAI last month asking whether Altman could be trusted.

Paul Graham of Y-Combinator in response tweeted some positive things about Altman, emphasising that they didn't fire him as CEO of YC (though not going as far as declaring him trustworthy).

Now John Gruber of DaringFireball (an Apple blog) added context by claiming that YC owns a 0.6% stake in OpenAi, worth around $5bn, which might colour Graham's judgement.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#37

Post by keybored »

News at Y Combinator used to be my preferred reading diversion: reading interesting technical stories, debates on political topics, learning things, my comfort food of the same topics repeating the same arguments over the span of a decade. Now it’s that but also 65% AI doomscrolling.

Re: Y Combinator's Stake in OpenAI (0.6%?)

#39

Post by fodkodrasz »

rvz wrote: post #11

Greg Brockman (President of OpenAI) also said that OpenAI is around 80% close to achieving "AGI", but it was disclosed that his stake in OpenAI is worth around 30BN. So what does the true definition of "AGI" actually mean? It depends on who you ask. It appears to many to mean "A Great IPO" or "A Gigantic IPO" at this point rather than "Artificial General Intelligence" which has been clearly hijacked to mean something…

> So what does the true definition of "AGI" actually mean? It depends on who you ask.

AGI - Automatically Generating Income

Re: Y Combinator's Stake in OpenAI (0.6%?)

#40

Post by Galanwe »

rvz wrote: post #11

Greg Brockman (President of OpenAI) also said that OpenAI is around 80% close to achieving "AGI", but it was disclosed that his stake in OpenAI is worth around 30BN. So what does the true definition of "AGI" actually mean? It depends on who you ask. It appears to many to mean "A Great IPO" or "A Gigantic IPO" at this point rather than "Artificial General Intelligence" which has been clearly hijacked to mean something…

> So what does the true definition of "AGI" actually mean?

No worries, there will be a startup creating "AGI Bench", >=80% means you're AGI, they will be valued $50B.

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