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OpenAI Is Preparing to File for an IPO Soon

wsj.com

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Re: OpenAI Is Preparing to File for an IPO Soon

#301

Post by selimthegrim »

anal_reactor wrote: post #167
darkstar_16 wrote: post #153

Earlier quoted context omitted.

That's such a cynical take. If everyone does what you're describing, we will never make progress as a society.

Sure. If everyone became software engineers then we'd have 8 billion IT staff and zero food production, which would lead to the extinction of human race by mass hunger. I'm not sure what's exactly your point besides "if everyone does exactly the same thing, then society collapses".

I believe Apple had a TV series lately which proffered a solution to this.

Re: OpenAI Is Preparing to File for an IPO Soon

#302

Post by scrollop »

sandeepkd wrote: post #71

Looks like there is only limited money in the market and there is a race to get it first. Wonder if the free market concept should move the prices down in such a scenario?

Since it appears that LLMs can't achieve AGI and lose hallucinations, I presume a new company will appear with a new architecture that can - what happens to the current behemoths and their stock prices? Will they jump architectures?

Splendidly interesting times.

Re: OpenAI Is Preparing to File for an IPO Soon

#303

Post by Lord-Jobo »

Glohrischi wrote: post #270
cultofmetatron wrote: post #257

Earlier quoted context omitted.

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

Companies still pay 5k and more for a basic website. 5-10k is quite affordable. Investment is not basic math. Its also dependencies to US companies, trust etc.

Investment and finance in general, at this scale, is far more geopolitics than it is math. It’s self evident.

We’ve all seen how the “math” on so much of the AI business sector literally doesn’t check out, and here there are: still ballooning, still making deals, still directly crafting laws through political influence, still taking over damn near every user space.

Politics at a high enough level lets you play a different game with different rules.

Politics at a low enough level lets you do the same actually, but we usually call that civil unrest, guerrilla warfare, or collective action depending on how many of which group is defying which “rules”.

It’s very easy to get used to the guardrails and guidelines around us when they persist and succeed for decades, but they are much more fragile than they appear.

Re: OpenAI Is Preparing to File for an IPO Soon

#304

Post by smallmancontrov »

hootz wrote: post #278
cultofmetatron wrote: post #257

Earlier quoted context omitted.

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

It's not "there will be", there already is a market of generic providers and you can use millions of tokens of DeepSeek-v4-flash for like 1 dollar. https://models.dev/?search=deepseek-v4-flash

Yeah, but will those hosted models help me write smut, advance my weekend CBRN hobby, advice on how to kill myself, advice on how to kill the person who made me want to kill myself, and how to set up a mega drug manufacturing operation like a real life Walter White?

Re: OpenAI Is Preparing to File for an IPO Soon

#305

Post by zackify »

cultofmetatron wrote: post #257
wg0 wrote: post #99

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree. Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. "Thank you for your attention to this matter"

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

https://github.com/antirez/ds4

Re: OpenAI Is Preparing to File for an IPO Soon

#307

Post by Danox »

lpcvoid wrote: post #209
andsoitis wrote: post #181

Earlier quoted context omitted.

Ok, but how does this "hold the bag for the oligarchs"? And which specific oligarchs do you have in mind when you say this? Are you thinking of Sam Altman and Dario Amodei and Elon Musk?

All of the mentioned will dump their overhyped and overvalued trash onto retail investors which are forced to buy it due to it being part of the NASDAQ. It will tank in value afterwards due to public scrutiny revealing thr fiscal unprofitability. Retirement funds will be ripped apart, trust in the financial system will evaporate, people will be left holding the bag on a scale that makes Lehman brothers seem like a tr…

They (everyone) are not forced to buy it. They’re buying it on the hype. Tesla for example is done worldwide aside from the USA, but it still has a cult and hype behind it, if you are a smart early investor, you have already sold all your shares in Tesla and moved on because they will never be as big as they were five years ago. Tesla’s done BYD has seen to that.

Many investors haven’t figured that out yet but they will eventually and they will be the ultimate bag holders once the bubble bursts for Tesla for good.

There are other companies that are remnants of what they were but they still survive on hype. It just takes a long time for them to die. Another example of that is IBM. They are functionally done in the tech world. It just takes a long time to die other companies that fit that mold is Xerox and Kodak still floating at a much lower level, but they are functionally done.

Re: OpenAI Is Preparing to File for an IPO Soon

#308

Post by swiftcoder »

otabdeveloper4 wrote: post #264
anal_reactor wrote: post #146

Earlier quoted context omitted.

I would retire. If you have two million euros lying around, that would be life-changing money for me. I'd put everything into VWCE and then live off interest. I think I'd spend a year in Japan just to see what it's like, then travel around a few other countries, and finally settle somewhere back in Europe - buy a small house in the middle of nowhere, renovate it, and then smoke weed and play video games until the end…

> I'd spend a year in Japan just to see what it's like There's laws and shit about that. You can't just immigrate to a country illegally.

You can however signup for a long-stay tourist visa, which lets you spend a year in Japan

Re: OpenAI Is Preparing to File for an IPO Soon

#309

Post by up2isomorphism »

wg0 wrote: post #99

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree. Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. "Thank you for your attention to this matter"

Even investor knows this well, they will still do that if they can make other people to invest their hard earned moneys into this after them.

Re: OpenAI Is Preparing to File for an IPO Soon

#310

Post by anal_reactor »

KptMarchewa wrote: post #298
0xDEAFBEAD wrote: post #286

Earlier quoted context omitted.

Gaming communities can be very toxic

Just like corporate jobs. The issue I have with the advice is I don't see why _working_ is supposed to be solution, rather than trying to find community somewhere else.

Most communities suck. This is why I want to live far away from everyone and sit at home and smoke weed rather than deal with people.
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