4 ms·
Companies aren’t valued for their current state, but future prospects.
by exitb 3y ago
Companies aren’t valued for their current state, but future prospects.
- righthand 3y agoIs Sam Altman a future prospect of LLMs? It’s not like he holds the secret to GPT v5 or anything.
- ben_w 3y agoI'd be surprised if Sam was by himself, but I wouldn't be at all surprised if some of the people who signed that letter do hold the secret to the next big thing (GPT-5 probably isn't the next big thing; if it exists already it's likely just a nice iterative improvement and not a fundamental change).
- squeaky-clean 3y agoSeeing the amount of employees that are willing to follow him, yes I'd say he is. If you have a mass exodus of employees, sure you can hire people to maintain ChatGPT 4, but they won't complete a GPT 5 or 6. That valuation is definitely based on the assumption that they will continue advancing AI and that they will consistently stay ahead of competitors for some time. They just axed both of those assumptions. ChatGPT 4 as the endgame is not worth 90 billion dollars.