431–440 of 1001 posts
It is fascinating how design has become the new gold standard in the AI era. It really looks the strongest signals come from taste and design quality and AI is killing other signals.
Funny how the reality is exactly the opposite of what you're saying. Design was already on life support and AI was the final plug pull.
Earlier quoted context omitted.
I consider myself extremely plugged in to what's going on with AI and I still couldn't tell you what Ive's company does without looking it up
Maybe the company is inconsequential and this is just about hiring Ive?
Earlier quoted context omitted.
Just to stem pointless debates before they flame up - both these acquisitions appear to be primarily if not exclusively for stock. Sure, if you want to get into theoretical finance, OpenAI could have sold these new shares for cash, so technically there's no difference, but OpenAI is only spending opportunity cost cash, rather than fiat. OpenAI's fiat likely still goes to the things you'd expect, like training models…
The AI hype seems driven more by stock valuations than genuine productivity gains. Developers now spend excessive time crafting prompts and managing AI generated pull requests :-) tasks that a simple email to a junior coder could have handled efficiently. We need a study that shows the lost productivity. When CEOs aggressively promote such tech solutions, it signals we're deep into bubble territory: “If you go forwar…
Correct. This is how most bubbles are kept up as they are all exposed in the hype cycle.
You will not hear about the mistakes [0] [1] [2] it makes when AI gets it wrong or hallucinates and all the AI boosters can do will be "it only gets better" and promise that we will soon be operating airplanes without humans. [3]
Surely you would feel safer if you or your family boarded a plane that was fully operated by ChatGPT, because it is somewhat closer to "AGI"?
I really don't think so.
[0] https://techcrunch.com/2025/04/29/openai-explains-why-chatgp...
[1] https://www.theverge.com/news/668315/anthropic-claude-legal-...
[2] https://techcrunch.com/2025/05/15/xai-blames-groks-obsession...
[3] https://www.flyingmag.com/replacing-airline-pilots-with-ai/
It is fascinating how design has become the new gold standard in the AI era. It really looks the strongest signals come from taste and design quality and AI is killing other signals.
What the other commenters are forgetting is that this is the same Sam Altman who planned and executed the extraction of Reddit from Condé Nast. This acquisition (and the Windsurf acquisition) are all-stock deals, which have the added benefit of reducing the control the nonprofit entity has over the for profit OpenAI entity. How do you extract the for profit entity out of the hands of a nonprofit? - Step 1: you have c…
Did the non-profit buy io using shares of the for-profit that it owns? Or did the for-profit buy io using its own shares?
This is a sign of OpenAI's weakness. Altman is desperately trying to use OpenAI's inflated valuation to buy some kind of advantage. Which is why he's buying ads, paying $6.5 billion in stock to Jony Ive, and $3 billion for a VSCode fork created in a few months. Almost anything makes sense when you see your valuation going to zero unless you can figure something out.
Earlier quoted context omitted.
Facebook is a great example of doing this and it succeeding very well. Zuck recognized that Facebook was going to zero and bought WhatsApp, Instagram, and Oculus. My guess is that sama sees the writing on the wall and knows that he must expand OpenAI in a similar way. What happens to OpenAI competitors that can't make similar moves is another question.
Let's ignore the 46 billion dollars wasted on the metaverse: https://www.nasdaq.com/articles/meta-platforms-has-spent-$46...
Earlier quoted context omitted.
This still means 1.5B were paid in cash for a company from what I understood has neither clients nor even a product. Not exactly pocket money.
It kind of is, when they were given $500B and told to make a return in 10-ish years. They have to put the capital in play where it has the largest ROI potential. They are gambling that Jony has another iPhone in him. I don't know enough about any of this to weigh in on it, but when you take investor money, you aren't supposed to sit on it or do slow burn (at least not VC money), its meant to be gasoline, and you moon…
All they have to do is convince investors of that before the next round and they get a net return on him.