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OpenAI’s promise to stay in California helped clear the path for its IPO

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Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#351

Earlier quoted context omitted.

I think it’s a bit disingenuous to say that Spotify “cut” the revenue per stream. Spotify doesn’t have a fixed revenue per stream, payouts are dynamic and based on how much revenue it made and how many streams there are in total. Also Spotify gives something like 80% of its revenue to the music industry. It’s essentially a pie that gets divided up amongst all artists by steam count. If your friend’s garage band are a…

I don't think Spotify is evil, but I do think their business model doesn't make sense. I mean, it sounds great. Pay 10-15 bucks a month and listen to all the music you want, whenever you want. What an amazing business idea! But has anyone stepped back and asked if this is actually possible? Because when your artists are getting paid crumbs I don't see how this system continues.

100% agree. I think the subscription should be more like $30/$40 per month based on the value you get but of course users would never pay that!

So I wonder if there would ever be a middle ground between what artists would accept and what users would pay?

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#352
post #349
post #346

Earlier quoted context omitted.

> You're skipping n = 1 and jumping straight to k. How did modern Shenzen become what it is? Through specific reasons like infrastructure investment, or because it was always a 'manufacturing cluster'? By your logic Shenzen must have been the manufacturing hub of the world since before the dawn of time... since it's 'impossible for any place to become Shenzen'. Sure, any region in a rapidly developing and very dense…

> There was only one of those, and consequently there is only one Shenzen. Really? There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter?), in the entire world in the last 50 years (why 50 years)? Are you sure about that? (you are 100% wrong) > I intentionally schedule my meetings in person because I find that to be significantly bet…

> There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter?

Because if you want to build factories you need capital. This is not rocket science. Much easier to get a loan when there are a billion bankers across the bridge.

Yes, there was only one place with all the ingredients to become Shenzen. Believe it or not, global financial centers are not commonly found in developing countries. Why don't you propose some alternatives, I'll wait.

> Sounds like a you problem. Also the fact that you are 'partially remote' and you still schedule your meetings to be in person tells me: a) you do not have very many meetings b) you work with a fairly narrow scope of people who you can physically get into the same room on a regular basis.

I have plenty of meetings, and I don't know what you're smoking if you think that more than a large conference room's worth of people could all participate in a meeting. Neither of these disqualifies what I'm saying.

> If you say so, but the record number of fully remote startups that keep popping up at ever increasing rates says the opposite.

And how many of these are becoming wildly successful, compared to in-person companies located in desirable cities?

> Vast majority of communications/negotiations around fundraising and related happens digitally today.

[citation needed]

Also it doesn't count if the numbers get worked out over email but the handshake was in person.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#353

Earlier quoted context omitted.

Everyone. People are becoming dependent on chatgpt. They literally cannot function professionally or even socially without it. They will pay their last 20-30 dollars if needed. It's literally like a drug especially when it's asking you if you want to followup/continue.

How do you explain that not even 5% of users are on paid subscriptions?

This has nothing to do with what i said. I said they are addicted. The free limits are designed this way. If openai suddenly removed the free plan, i guarantee you a lot of people would buy. They dont have an alternative they cannot think independently anymore

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#354
post #347

Earlier quoted context omitted.

> Places where technological innovation and development happen have existed long before the internet and semiconductors. The industrial revolution didn't originate or center around the Bay Area. You said tech hub. By all definitions of the term the Bay Area was the first. Nor did I say the industrial revolution originated around the Bay Area? > What? You made the argument that Bay Area has some kind of special access…

> You said tech hub. No, you said tech hub. Which is short of 'technology hub', which is not just limited to mobile apps. > You tend to do this a lot. "Many Stanford alums leave California" and "talent is being outsourced at ever increasing rates". Just vague generalizations that offer nothing to the overall conversation. Those aren't generalizations, those are very specific statements, which go directly against your…

> "You're kinda missing the bigger picture - the fact that Bay Area was not always a tech hub, and became one at some point for various reason - which can happen in any other place (and has)."

Lol are we children now? No, YOU literally said tech hub.

> Those aren't generalizations, those are very specific statements, which go directly against your vague generalizations ('oh but there are good universities in the area for tech talent therefore its impossible to replicate'), and which you apparently can't disagree with because they are obviously true.

No, they are generalizations. I have given you myriad examples as to why the UC system and its integration with research and development is unique and doesn't exist anywhere else in the US let alone can be replicated. "Many Stanford alums leave California" means nothing to the overall point (despite 70% staying in CA). Yes, some people from one university leave California leave? Yes? And? "Talent is being outsourced at ever increasing rates". Yes, and? Talent is being outsourced at ever increasing rates everywhere in the US. Outsourcing talent has going on for a long time. Again, means nothing to the overall point.

> Nope, what you said is that because these universities are located in that area - no other region could possibly compete. And I gave you very specific examples of why that's not true.

You did not? You named universities from 5 different states and/or regions. I am actually beginning to be concerned. You understand the difference between what I'm saying right? The 5 schools you named have been around forever.. They haven't replicated what the UC system and surrounding schools have create in the Bay Area. So your examples are stupid?

I didn't even say leading universities in tech can't exist outside of California? What are you even saying anymore?

> What I disagreed with is your baseless assertion that no other region could possibly compete, or that tech companies have to be in SV to succeeded (which is obviously false, and which I see you shifting the goalposts on now)

No other region right now is competing - or can compete. I conceded to your overall vibes-based opinion that "anything can happen" and that yes, in a miraculous set of circumstances held over 50+ years that some region could usurp the Bay Area with tech. I then continued with historical and contemporary examples as to why that won't happen anytime soon.

> Maybe you should rewind to back when NYC wasn't a major finance hub, then apply your same reasoning - 'NYC couldn't possibly become a finance hub, because London is the finance hub'.

Please reference my last response. Yes, New York became a major financial capital (and competitor to London) after 150 years of massive historical circumstances (WW1, Bretton Woods, etc). Perhaps this could happen to the Bay Area in tech, sure - but these aren't happening separately in a vacuum. Whilst the title of financial capital of the world traded hands between London, NYC, and even Tokyo in the 80's, one thing stayed constant, and that is the tech industry remained in SV.

There is no NYC in the 20's equivalent to the Bay Area's London in this equation.

> Your arguments are self-contradictory and not logical.

They are not. Here is my argument in a nutshell: Silicon Valley became - and remains - the global tech hub thanks to a unique mix of top-tier universities like Stanford and the surrounding UC system, early government investment in semiconductors, a deep venture capital ecosystem, and a culture of innovation and risk-taking. Other regions domestically and internationally, have struggled to catch up because they lack the decades of compounding infrastructure, talent networks, and startup experience that can’t be quickly replicated.

Your argument: Nuh uh

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#355
post #348

Earlier quoted context omitted.

Okay so what you're doing is contradicting the objective advantages/benefits of living near the epicenter of a specific industry with a purely anecdotal example of 10+ years experience in jobs from said epicenter, with the expendable income to travel (domestic/international) for in-person meetings, then defining networking to a disingenuously generalization because it reinforces your opinion. What if I were to tell y…

I'm giving you a specific example of why it's not necessary to be in any particular location to work in tech, or network, collaborate, communicate with other tech people. Directly contradicting your baseless assertion about how you have to be in SF for those reasons. Literally a specific, physical example and you're talking about 'defining networking to a disingenuously generalization' ... You are disingenuous.

I truly don't know what to even say. It is futile to relitigate the uncontested reality that there are a wide array of significant advantages to living near cultural, technological, and economic centers that are adjacent to your profession. You live alone in this area where this isn't obvious. I'd even posit you would be more successful than you already are if you lived closer.

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#356
post #347

Earlier quoted context omitted.

> You said tech hub. No, you said tech hub. Which is short of 'technology hub', which is not just limited to mobile apps. > You tend to do this a lot. "Many Stanford alums leave California" and "talent is being outsourced at ever increasing rates". Just vague generalizations that offer nothing to the overall conversation. Those aren't generalizations, those are very specific statements, which go directly against your…

> "You're kinda missing the bigger picture - the fact that Bay Area was not always a tech hub, and became one at some point for various reason - which can happen in any other place (and has)." Lol are we children now? No, YOU literally said tech hub. > Those aren't generalizations, those are very specific statements, which go directly against your vague generalizations ('oh but there are good universities in the area…

Yawn

This is your original statement exactly:

> "The Bay Area is special because of said history/staying power - which has systemic downstream advantages that *cannot be replicated*."

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#357
post #348

Earlier quoted context omitted.

I'm giving you a specific example of why it's not necessary to be in any particular location to work in tech, or network, collaborate, communicate with other tech people. Directly contradicting your baseless assertion about how you have to be in SF for those reasons. Literally a specific, physical example and you're talking about 'defining networking to a disingenuously generalization' ... You are disingenuous.

I truly don't know what to even say. It is futile to relitigate the uncontested reality that there are a wide array of significant advantages to living near cultural, technological, and economic centers that are adjacent to your profession. You live alone in this area where this isn't obvious. I'd even posit you would be more successful than you already are if you lived closer.

cope harder

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#358
post #352
post #349

Earlier quoted context omitted.

> There was only one of those, and consequently there is only one Shenzen. Really? There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter?), in the entire world in the last 50 years (why 50 years)? Are you sure about that? (you are 100% wrong) > I intentionally schedule my meetings in person because I find that to be significantly bet…

> There was only one rapidly developing, densely populated region with a financial hub nearby (why does the proximity of finance even matter? Because if you want to build factories you need capital. This is not rocket science. Much easier to get a loan when there are a billion bankers across the bridge. Yes, there was only one place with all the ingredients to become Shenzen. Believe it or not, global financial cente…

> Also it doesn't count if the numbers get worked out over email but the handshake was in person.

It doesn't count if 99% of the meetings/negotiations happen remotely if the last one happens in person? ok

Re: OpenAI’s promise to stay in California helped clear the path for its IPO

#359
post #356

Earlier quoted context omitted.

> "You're kinda missing the bigger picture - the fact that Bay Area was not always a tech hub, and became one at some point for various reason - which can happen in any other place (and has)." Lol are we children now? No, YOU literally said tech hub. > Those aren't generalizations, those are very specific statements, which go directly against your vague generalizations ('oh but there are good universities in the area…

Yawn This is your original statement exactly: > "The Bay Area is special because of said history/staying power - which has systemic downstream advantages that *cannot be replicated*."

Yes and I explained with walls of text of historical, geographical, socioeconomic examples how that is true and your disagreement boils down to "but anything can happen", which is boring in a discussion, so its pointless to continue. Yeah and Des Moines could become the global finance capital of the world, there is nothing you can say to allude otherwise because we don't know what could happen in 500 years.
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