Even now, after all the development, if you can somehow get Claude Fable to run without bricking due to the safety 'features', whatever it imitates is still a poor replacement compared to the slew of available open source code repositories that it stole its training from.
Problem is humans are lazy and its really easy to just yell at a chatbot until you get some slop that mostly does it.
Tokens don't have inherent value. You can't hoard them and stuff them under a pillow. They're valuable when applied to a problem.
It's like asking a shovel making company why they need gold miners.
You don't see every step being abandoned because everyone converged on the most profitable link in the real world.
>wouldn‘t shovel companies ask for a percentage of the gold (say 30%)
They could go that route. Nvidia is doing that right now
https://www.cnbc.com/2026/07/02/nvidia-plans-to-offer-start-...
But saying just because openai didn't adopt a particular business model therefore tokens must be worthless seems like a stretch. Maybe it was regulatory. Maybe they just don't want to be a conglomerate of that sort. Could be any number of reasons.
No one claims their showels find gold for you.
Everything he says about AI companies charging a subscription and then possibly extracting value from customer data is true for every single cloud hosted SaaS since the dawn of that model. If you put your data on someone else’s computer, you have only their word they won’t misuse or leak it. Often, if you read the ToS, you don’t even have that.
Google Drive and Gmail anyone? They’ve had the Crown Jewels of a ton of businesses since forever. Even governments. Can you imagine what they have? Just Gmail alone. It’s staggering.
Dropbox? Microsoft OneDrive? Mind blowing.
Palantir? Pretty rich for a guy who runs a company named after an insecure communication channel used to steal data and run side channel attacks to talk about the risks of losing data sovereignty.
Obviously nobody would ever… say… insider trade with that data. That would be unethical and illegal. Has that ever happened? Who knows. They are definitely using that data for AI training.
As for why they don’t take equity positions when the products save time or boost productivity… lol wut?
Yeah. My Mac boosts my productivity. It requires less maintenance than any other computer I can buy. So Apple gets equity in my company, right?
Steam engine companies got equity in mining ventures when they sold them automated water pumps. Railroads got equity in food companies for shipping fast and reducing spoilage. The inventors of refrigeration too. Can you imagine how much agro company equity they must have gotten!
Just wat.
Mods can change the link to the full interview https://www.youtube.com/watch?v=0A3sGymV6kY
There was a submission earlier but it didn't get any upvotes https://news.ycombinator.com/item?id=48755074. I wouldn't mind if this thread is merged into that one... as long as the discussion stays in the front page. Many times conversations got suppressed due to "dupe" merged into older submissions!
Edit: aaaand... it's gone. Congrats.
But that's not in defense of what Karp said, or that slop tweet summarising it. That's... wild. I regret reading it.
alecco•1h ago
kev009•51m ago