Technology

He has a simple, but actually complicated task: boost AI hype, but reduce the competition, ESPECIALLY on the side of open source Chinese models.

That's the sole reason for "AI is cool, but dangerous, and we must control it" and "We must break free from China" rhetoric. He is tasked to make AI grow as a proprietary technology, so that there's any chance at all to recoup the immense investment that was made. If open, local LLMs maintain their position, OpenAI cannot leverage its own position to demand exorbitant prices for access to ChatGPT - and that is the key condition to recoup all of the investments that were made.

They can’t go public.

I think that rising interest rates (e.g. by the ECB) because of more expensive oil and empty national reserves wouldn't make that easier.

If they cook any longer, it's going to look worse than the venison bones I forgot I was roasting for stock that one time.

On the plus side, the whole kitchen enjoyed playing predator with the burnt to fuck spine.

I think no one wants to hold the bag.

Ya, these are the people who absolutely gave zero fucking shits about safety up until the point they realized they couldn't hand off the bag to the public.

My $0.02 is that Dario genuinely believes* this, Sam doesn't, but it's convenient for OpenAI to hitch its wagon to Anthropic's call for regulation because their financials are a mess.

• just because his belief is genuine doesn't mean it's reasonable. I find the whole thing kind of laughable actually.

What kind of numbers do they need?

That and they haven't met their hype. These LLMs can't overcome a lot of problems like hallucinations on their own, due to the way it works. They promised exponential improvement, and haven't delivered.

They don't give a fuck about the dangers of AI obviously anyone that believes that I have an exciting investment opportunity for.

No one will ever go to prison, so the scam works. Extract as much money as they can while destroying the world.

Anyone who has gone through an IPO knows how fucking rigorous all of the audits and reporting are for investors. Guaranteed 1000% that they failed the audit, or worse they didn't even get to the audit stage, or as you said their finances they know are shit. It is zero surprise to me that they're waiting.

Their business burns a gallon of gas per homework assignment cheated and Anthropic does it better while China does it cheaper.

Indeed. Next year several billion dollar loans of theirs comes due, with more and larger ones the following year and so on.

They will never go public. Their finances will be in an even poorer state next year, because that is when the first of their many billion dollar loans are coming due.

And tons of retirement funds, not just in the US. Before I took manual control of mine, about 30% was US stock indexes.