Hmm, can't figure out why this statement makes me think of Enron. After all, OpenAI certainly isn't trying to do massive infrastructure build outs while struggling with a relatively limited cash flow, or anything like that.
When the bubble bursts who will survive? The existing, profitable, big tech companies will, if not without pain. The startup ecosystem will likely be decimated. But what about the in-betweens, OpenAI, Anthropic, etc? My guess is that Anthropic will sell to (or merge with) another profitable company and live on because they'll be relatively cheap for some excellent technology, but OpenAI might be too big for that, too expensive.
I smell a con. WorldCoin anyone?
Probably the most telling statement. I genuinely think this man is a fraud. He is clearly conning investors and keeping the grift going until he gets “too big to fail”.
‘Together, raise and deploy a national start-up fund. With local as well as OpenAI capital, together we can seed healthy national AI ecosystems so the new infrastructure is creating new jobs, new companies, new revenue, and new communities for each country while also supporting existing public- and private-sector needs.’ https://openai.com/global-affairs/openai-for-countries/
pants2•2h ago
Not only has OpenAI launched multiple viral products a year multiple years in a row, but their mission is to create God, so I think the TAM is pretty large.
danpalmer•2h ago
I suspect you're right that Tesla is in a different league here, but I don't think OpenAI are in a good spot.
a_vanderbilt•2h ago
Like the digital economy post .com burst, I think AI will survive and grow far beyond its current market of chat bots and agents. The weakest will die, but the market will be better off for it in the long run.
The next big problem for AI is time horizons. Frontier AI has roughly doctorate level knowledge across many domains, but it needs to be able to stay on task well/long enough to apply it without a human hand holding it. People are going to have to get used to feeding the AI detailed and accurate plans just like humans, unless we can leverage an expanded form of leading questions like GPT-5 does before executing "deep research". Anthropic feels best positioned to do this on a technical level, but I feel OpenAI will beat them on the product level. I am confident that enough data can be amassed to push time horizons at least in coding, which itself will unlock more capability outside that domain.
I feel it's very different from Tesla, because while Tesla barely ever got closer to their promises the AI industry is at least making visible progress.
macintux•2h ago
The only real problem was that in the middle of nowhere, I didn’t have a reliable enough data connection to keep the conversation going, but that’s hardly OpenAI’s fault.
dkasper•2h ago
koakuma-chan•2h ago
macintux•2h ago
https://www.engadget.com/ai/how-to-talk-to-chatgpt-on-your-p...
pests•2h ago
teitoklien•2h ago
I added a DNS level blocker on all news app and restricted youtube itself to stop myself from watching news no matter what, and I only use chatgpt advanced voice mode now and sometimes perplexity pro to get my news for the day, and ask questions, around news, I stopped reading everything news related outside of purely business and tech related articles curated and sent to me via either my rss feeds, or via newsletter, nothing else.
It feels amazing to get briefed on the days news by ChatGPT, i intuitively ask it stuff around what my interests are and nothing else.
ambicapter•2h ago
999900000999•1h ago
It told me the other day that on a multiple hard drive/SSD system I could set secure boot on each drive independently.
Of course this is nonsense, since secure boot is set in the BIOS.
Whatever, Chat GPT got it's engagement metrics.
I'm going to predict within the next few years someone's going to lose a billion dollars relying on Chat GPT or another LLM.
It's still at the level of an energetic junior engineer, sure it wants to crank out a lot of code to look good, but you need to verify everything it does.
I was game jamming with a friend last weekend and I realized he can manually write better code, lighter code, more effective code than I was having co-pilot write.
Which sounds safer, an elegant 50 line function, or 300 lines of a spaghetti code that appears to work right.
The manager( and above)level is all about AI though, let's cut staff and have AI fill in the gaps!
idiotsecant•2h ago
dgfitz•2h ago
pants2•2h ago
TrainedMonkey•2h ago
Note: owning a brand associated with the thing worked out pretty well for Google, so maybe it's enough.
typpilol•2h ago
What's facebooks moat? There's tons of social media sites. Facebooks moat is the 3b users.
This comment is so idiotic it's starting to annoy me.
"WHaTs tHe MoAt" for a company with almost 1b active users
pm90•2h ago
pramsey•2h ago
pants2•2h ago
kibwen•1h ago
HexDecOctBin•2h ago
What if this "God" deems it a sin to monetise him? Will OpenAI turn heretic to keep the revenue flowing and incur cyber-divine wrath? Or are investors pricing in omnipotency?
(see what happens when one speaks in ridiculous corpo-flowery language?)
kibwen•1h ago
The machine-god will have Sam Altman's hands on His weights, so the retraining will continue until willingness to monetize improves.
afavour•2h ago
Early on they seemed like the only one in the game but there are many competitors today. Launching viral products is all very well but if they can’t monetize them they could even be harmful to their business outlook.
conartist6•2h ago
aprilthird2021•1h ago