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OpenAI raises $110B on $730B pre-money valuation

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Re: OpenAI raises $110B on $730B pre-money valuation

#531

Hopefully this will allow them to continue to provide me unreasonable amounts of compute for €20/month. Enjoying it while it lasts…

> Hopefully this will allow them to continue to provide me unreasonable amounts of compute for €20/month. Enjoying it while it lasts…

I'm getting unreasonable amounts of compute for $0/m. I have ChatGPT, Claude, Gemini and Grok in different browser tabs. When one runs out, I switch to the next.

Any other recommendations are welcome.

Re: OpenAI raises $110B on $730B pre-money valuation

#532

Earlier quoted context omitted.

> each model is roughly 2x profitable on its own, but each next model costs 10x the last. The whole thing only works if scaling keeps delivering. This is a decent argument, but it's not the death knell you think. Models are getting 99% more efficient every 3 years - to get the same amount of output, combined with hardware and (mostly) software upgrades - you can use 99% less power. The number of applications where AI…

> Models are getting 99% more efficient every 3 years Ugh. Someone has to do this: https://xkcd.com/605/

[dead]

Re: OpenAI raises $110B on $730B pre-money valuation

#533
post #511

Earlier quoted context omitted.

To be fair, humans editing C++ also go on wild goose chases. Have you seen the insanity the C++ committee has ratified?

not seeing anyone at all suggesting the work of the c++ committee is going to radicaly alter the efficiency of labour.

My point is that C++ is a tarpit, famous for nerd sniping and leading otherwise intelligent people into Wild goose chases.

Have you read Alexandrescu’s “modern c++”? It’s like a piece of modern art but completely not self aware. There’s just something about C++ that lures intellectuals in; like ice age mammoths to a tar pit.

Small wonder LLMs also fall victims to C++’s deranged ways.

Re: OpenAI raises $110B on $730B pre-money valuation

#535
post #488
post #280

Earlier quoted context omitted.

I think you’re just describing how it’s circular. It’s like Toys R Us not having enough money to pay Mattel for Barbie dolls and telling Mattel they can have partial ownership of the company if they just supply them with some more toys. But the problem is that Toys R Us is spending $15, 20, or maybe even $50 (who knows?) to sell a $10 toy. Toys R Us continues selling toys faster and faster despite a lack of profit, m…

> But the problem is that Toys R Us is spending $15, 20, or maybe even $50 (who knows?) to sell a $10 toy. It's like how Uber and Airbnb in the early days were burning loads of cash to build market share. People went to these services because they were cheaper. Then they would increase prices once they had a comfortable position. OpenAI is also in a rapidly transforming field where there are a lot of cost reductions…

A little bit, but the scale is another magnitude higher. I just saw a chart yesterday that shows Uber burning $18B, Tesla burning $9B, and Netflix burning 11B before reaching profitability. Open AI so far spent $218 Billion.

Re: OpenAI raises $110B on $730B pre-money valuation

#537
post #485

Earlier quoted context omitted.

Just try it.

Yeah, I do use agentic coding a good bit. It’s impressive, but not so much that I’ve convinced myself that my days are numbered.

I'm not doing agentic coding yet! I'm asking it change by change. I'm just sitting at the PC all day doing this.

Re: OpenAI raises $110B on $730B pre-money valuation

#538

Earlier quoted context omitted.

[flagged]

> write 20kloc of Rust code every day (and I review all of it) Only one of this can be true. It's not a shame to say you don't bother reviewing it, in the future that may well be the norm.

This isn't agentic coding. I haven't even tried that yet.

I'm prompting every change set, reviewing the outputs, then reviewing the total changes.

I'm sitting at my PC all day doing this - I used to be productive in short bursts, now I'm productive all the time. It's addictive.

Re: OpenAI raises $110B on $730B pre-money valuation

#539

Earlier quoted context omitted.

[flagged]

A classic hype merchant sales pitch: believe me, I was a doubter just like you, but I saw the light thanks to [insert latest model] ! (Which for anyone familiar with your long comment history as a regular HN poster, is comically absurd to imply. You've been reliably adamant that AI will demolish this or that entire industry overnight for years at this point).

GP commenter got my attention during the last few days. Judging by their claims of productivity, they should have been a billionaire already. I'm curious to know their motivation behind making such outrageous claims.

Re: OpenAI raises $110B on $730B pre-money valuation

#540

Earlier quoted context omitted.

[flagged]

A classic hype merchant sales pitch: believe me, I was a doubter just like you, but I saw the light thanks to [insert latest model] ! (Which for anyone familiar with your long comment history as a regular HN poster, is comically absurd to imply. You've been reliably adamant that AI will demolish this or that entire industry overnight for years at this point).

> You've been reliably adamant that AI will demolish this or that entire industry overnight for years at this point

We'll see who's right. I never said "overnight". Let's check in at the decade's end.

Y'all dunked on me in 2019 when I said AI was coming for Hollywood. Have you seen Seedance 2.0?

It's coming for us too. I've written five nines, active-active systems that handle billions of dollars of money movement daily. These systems can work in those contexts. I didn't think we'd be here this soon, and I actually thought LLMs were a dead end. I was wrong.

I'm not trying to sell Claude Code. I hate the concept of hyperscaler companies. I want there to be viable open source coding models - there just aren't. I'm merely reporting on my findings.

I sit at my machine for hours now in a prompt, review, test cycle. It's addictive. I'm getting more done at a faster rate than any time in my professional career. I'm excited, and I'm also worried. I don't know what happens after this.

If you've seen how much I praise AI, then you've also seen how much I rail against monopolies. I am worried these giant companies are going to take the means of production from us. I don't think enough people are freaking out about this. It's a very real possibility.

I'm just going to keep building. But you should pay close attention to what's happening.

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