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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

#331

Post by amazingamazing »

beAbU wrote: post #312
_2d30 wrote: post #279

A lot of people are unsurprisingly throwing shade on Musk being involved here but I think it's really important to understand what this is fundamentally about: stopping or fundamentally changing OpenAI's plans to be spun off. The issue at hand is that OpenAI (the private, currently "capped profit" entity, henceforth in this post referred to as OpenAI-P) is trying to get spun out of control of the OpenAI non-profit (h…

I do not, for a single second, believe that Musk is doing this for altruistic reasons.

it doesn't have to be luckily

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

#332

Post by rurp »

d0gsg0w00f wrote: post #242
tryptophan wrote: post #118

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]

You're forgetting how the Twitter acquisition actually went. Almost immediately after the contract was signed he started trying to weasel out of it with various absurd excuses. He only stopped trying to violate the purchase contract once it became clear he was almost certain to lose in court.

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

#333

Post by smrtinsert »

_2d30 wrote: post #279

A lot of people are unsurprisingly throwing shade on Musk being involved here but I think it's really important to understand what this is fundamentally about: stopping or fundamentally changing OpenAI's plans to be spun off. The issue at hand is that OpenAI (the private, currently "capped profit" entity, henceforth in this post referred to as OpenAI-P) is trying to get spun out of control of the OpenAI non-profit (h…

Nonsense. He's ignoring judges orders to cease and desist in his funding freezes and he's simultaneously attempting to seize control of the AI company through an aggressive acquitision, all the while avoid seemingly all oversight.

This can only be described as techno authoritarianism.

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

#334

Post by amazingamazing »

margalabargala wrote: post #288
dustingetz wrote: post #227

Earlier quoted context omitted.

was looking for a musk margin call in 2023, no such luck, now he’s VP and markets are still fake

We'll see. After throwing out a few Nazi salutes, Tesla sales have been tanking in Europe.

[flagged]

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

#335

Post by Fnoord »

UncleOxidant wrote: post #234
polotics wrote: post #128

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?

It wasn't always this bad for most people. It's fREe SpEEcH aBSolUtISm now.

Yeah, except when you criticize the tsar.

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

#336

Post by tombert »

Trasmatta wrote: post #81

This would be a disaster. Elon Musk is continually pushing for singular control of everything (not least of which is the US federal government). It makes me immensely uncomfortable.

I guess I didn't realize that when Elon said that Twitter was going to be the "Everything App" that he meant he was just going to buy and control everything.

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

#337

Post by quickthrowman »

archagon wrote: post #188
tqi wrote: 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.

I welcome this with open arms.

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

#338

Post by slg »

scarface_74 wrote: post #225
mattmaroon wrote: post #158

Earlier quoted context omitted.

He founded (for some definition) the two most impressive American corporations of the century and tweeted a lot to build a direct connection to people.

What’s impressive about Tesla? It’s already being outcompeted by companies in China, losing market share, and the other manufacturers are catching up. Besides that, he’s pissed off the demographics most likely to buy Teslas. It’s not like most Trump voters are buying EVs

>What’s impressive about Tesla?

There is this weird revisionist history now that Musk is hated to dismiss all Tesla's accomplishments as meaningless. The traditional auto industry would have never embraced EVs to the extent they have if someone did not disrupt the market in a way like Tesla did. That is both impressive and huge net positive for humanity in a way that is an extremely rare achievement for any startup.

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

#339

Post by AnimalMuppet »

hypothesis wrote: post #296
fastball wrote: post #274

Earlier quoted context omitted.

[flagged]

Huh? Some magic mushrooms forced him to make a bid to buy Twitter? Give the guy some agency!

Who knows what prompted him to make the bid. The judges forced him to follow through on it when he was trying to get out of it.

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

#340

Post by rvba »

zozbot234 wrote: post #244
minimaxir wrote: post #112

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.

OpenAI's real moat is all in their know-how about developing LLM architectures and training them. That stuff can be expected to be very hard to replicate, no matter how hard anyone tries. The best case for OpenAI is actually if the DeepSeek R1 improvements are genuine, and OpenAI can adopt them to make their upcoming models even more capable than they would be otherwise.

The best moat is that their technology is used by microsoft - who forced it on tons of paying subscribers.

Of course microsoft can switch to a better model, but a better model will not easilu build such a such a big subscriber base.

Now openai is powering tons of microsoft tools which are used by tons of people due to office integration.

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