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Norway Should Buy OpenAI

https://www.onethousandmeans.com/p/norway-should-buy-openai
41•alexeigannon•17m ago

Comments

stanfordkid•13m ago
I would agree with this, except it sits on the thesis that one company really has that much of an impact. I don't think it actually does. AI is here and it will continue to progress. Norway controlling OpenAI is not going to change it's trajectory -- the cat is already out of the bag.
andrewlin247•13m ago
lol can't tell if this is serious
christkv•10m ago
Yeah I can’t say either. I cannot imagine what the current political machine in Norway would do with it but nothing good and they would run it into the ground. When it comes to Ethics maybe read up on Telenor and Burma.
scuppernong•11m ago
assuming this is serious, I would eat a tire if the US government allowed that to happen
fancyfredbot•2m ago
In the article it's suggested that Norway could award a peace prize to trump in return for regulatory approval.
bpodgursky•11m ago
This would be an interesting way for Europe to maintain AI sovereignty. US would block it though.
danudey•5m ago
100% the US government would maintain that AI is the key to the success of the US economy over China, and that it can only happen as long as it's run by profiteering billionaires aiming to extract money from society at the fastest rate possible. Only by accelerating ecological collapse for profit can private US capitalism maintain its edge over freely shared Chinese open-weight models.
fancyfredbot•1m ago
In the article it's suggested that Norway could award a peace prize to trump in return for regulatory approval.
nialse•10m ago
Yes, but wait for the dip.
mrtksn•9m ago
Wouldn't be needlessly expensive and risky before the bubble pops? Just buy the scraps after it pops and If it's not bubble, they can alternatively just buy a fab dedicate its output to build ridiculously large infrastructure in Norway and power it with their wast hydro and wind sources, then bring the talent by providing freedom and resource access.
vinni2•9m ago
Why on earth would Norway do a charity to the world? The oil fund while it has some moral guidelines, profit making is still the primary goal. There is no guarantee OpenAI will be profitable ever.
KellyCriterion•8m ago
according to my understanding, this would (necessarily) include relocation of all OAI stuff to .. somewhere in Europa? (regardless if this "somewhere" is FR or UK or IT or DE or CH))

I do not see any chance that this may happen

ahZq1•6m ago
Nice try inflating the IPO valuation. :)

The entire EU and Norway could simply block all clankers and US propaganda and experience an intellectual renaissance. For $0.

Tepix•6m ago
OpenAI will likely not IPO this year because their numbers are so poor compared to those of Anthropic's. However if they don't IPO, they cannot pay for all those datacenters they ordered.

Meanwhile, Chinese companies are creating SOTA models and make them available for free, strongly limiting the amount of money that OpenAI and Anthropic can demand for their similar models via API. Their sky high valuations are likely to suffer as chinese models are considered "good enough" and safe to use when hosted in the West. They even have fewer safeguards and are thus more suitable for cybersecurity tasks.

tl;dr: They're fucked. Don't buy them.

danudey•3m ago
Don't worry, AI companies and the companies around them have ensured that so much of the US economy is tied into AI that they've become Too Big to Fail, so that when things eventually collapse the US government will give them trillions of dollars without asking anything in return. That will allow them to socialize their irresponsible spending and wipe the red out of their ledgers so that they can focus on destroying the environment at massive scale.
dofm•6m ago
And Denmark should buy Anthropic.

“Invade Greenland and we switch it off!”

logicchains•4m ago
Fastest way to burn $800 billion. Even the Chinese government isn't nationalizing its AI companies, because there's no chance a cutting edge technology company can remain competitive when run by bureaucrats.
liliumregale•3m ago
Could it be that the goal is not to be competitive, but to be responsible?
glitchc•2m ago
Nothing special about OpenAI to deserve a buyout.
metalliqaz•2m ago
OpenAI has a very limited amount of time before their value collapses in the face of cheap Chinese models. The price war is just getting started. It won't be pretty.
paxys•2m ago
OpenAI is worth $800B because that’s what the last funding round valued it at. It does not mean that >50% of existing shareholders will agree to sell for that amount. If a serious buyer does emerge they will likely hold out for 2x that, maybe more.
adamrezich•53s ago
And everyone should just get along. And software should just work perfectly. And everything should be free. What's the point of writing something like this? Surely the writer isn't delusional enough to actually expect this to affect state leadership decision-making?

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