Jeff Bezos as a CO-CEO sounds like a corporate structure recipe for disaster.
How do they break ties?
Dip said ties in liquid nitrogen and hit them with a hammer
Jeff Bezos creates A.I. startup where he will be co-chief executive
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Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#92Earlier quoted context omitted.
Is that a thing in the US? You start a company and there's no need to register it with the government? Or it gets registered but there's no public records of it?
A company can be a sole proprietership or partnership without registering with anyone, but in this case in most states they must either conduct business in the owners/partners names or register a DBA with the state(s) they are doing business in. (the rules are state specific, and I think there are some states that don't do kr require DBA registration). In most cases, a company with billions invested in it will be for…
Interesting. If one were to legally change their name to their desired DBA name, I wonder how that would go over.
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#93[flagged]
bezobux
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#94He saw all of the grifting at OpenAI and said to himself: "I can do that!"
I don't get the downvotes. This is a case of the simplest explanation being the most likely one.
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#95So we now have one AI startup run by Jeff Bezos and another AI startup run by Beff Jezos. What a weird timeline.
Amazon itself has become so corrupted and disfunctional that all of their internal AI efforts amount to just burning billions for bottom-of-the-barrel results[0]. I'm not surprised that 5 person startups are building better AI products than all of Amazon, or that Bezos decided to start an AI company outside of Amazon. [0] https://labs.amazon.science/
It's really not surprising. AWS is definitely absolutely now in the category of "too big to fail". And the fact that there's an entire AWS region for US government classified stuff just underscores that.
Becoming TBTF has a very corrosive effect on organizations.
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#96Earlier quoted context omitted.
$6.2 billion which are prob to be invested in amazon to be invested in the startup to be invested in amazon, so I would not assume such an amount actually implies the size where this would be surprising.
More circular financing to keep the AI house of cards from falling?
Yeah since there isn't any actual real spend going into AI...
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#97Honestly, why? Why not just focus on Blue Origin? I don't get this new Musk-like tendency to run multiple ventures instead of focusing on one very tough mission.
In the old days there was a saying "The only way Bill Gates could spend all his fortune is a manned mission to Mars." Well, Bezos and Musk are trying that, and it turns out there is still a lot left to spend, so instead of helping the needy they do what is trendy for billionaires, which is build another AI company.
Once they have the AI company, thennnn they will help the poor right? They will use AI to help the poor!!!
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#98Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#99Earlier quoted context omitted.
More circular financing to keep the AI house of cards from falling?
Yeah since there isn't any actual real spend going into AI...
I don't think many of us are questioning the real spend going into AI - it's the return on that spend that we're wondering about.