5 ms·
One of the interesting counter points that David Sacks mentions in the all in podcast if this is such a life-changing technology, why did OpenAI sell 49% (or so
by misiti3780 4y ago
One of the interesting counter points that David Sacks mentions in the all in podcast if this is such a life-changing technology, why did OpenAI sell 49% (or some number near that) for 10B dollars. Presumably, the insiders know more than anyone else
- sebzim4500 4y agoBecause while LLMs may be a life-changing technology, there is no guarantee that OpenAI specifically will continue to lead the pack. "If the internet is such a big deal, why isn't AOL worth more?"
- proto-n 4y agoWhile the tech might be dominant in a few years, that doesn't mean OpenAI is also going to dominate.
- deleted 4y ago[deleted]
- abatilo 4y agoI wonder how much of it is legitimately just because this stuff is insanely expensive to run, and they needed the money?
- _5uxp 4y agoI mean bad deal doesn't %100 mean it can't be huge in future? Bill gates had almost half of Microsoft stock at IPO, every investing decision he had did'nt replace that lost but Microsoft is still huge. There aree similiar examples in history.
- evanmoran 4y agoI assumed it was to help get extremely low cost Azure compute and to grow faster now that Microsoft was going all in on GPT4 with Bing & Office.
- josecyc 4y agoCompute and distribution is my guess
- precompute 4y agoIt's the government.