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These comparisons are still magnitudes off from raising 7 trillion. To be completely honest, the only thing I’m convinced after reading your argument is that yo
by jwilber 3y ago
These comparisons are still magnitudes off from raising 7 trillion. To be completely honest, the only thing I’m convinced after reading your argument is that you don’t understand how much money that is.
- atleastoptimal 3y agoYeah I'm sure I, and likewise Sam Altman just don't understand how big the number 7 trillion is. If only he read the HN comments before saying that absurd number so he wouldn't be caught looking like a fool. I'm pretty sure he of all people knows the implications of different orders of magnitude of funding and investment, given he's become a billionaire via hundreds of investments. You're treating the 7 trillion dollars like it's a one time payment. Or that the number is just there to be left unchanged, not negotiated on, for no other purpose than a single payment to make chips under one firm and one ownership arrangement. Maybe it's all just a marketing stunt so that people talk about the scale of AI investment in the future more seriously? Until actual term sheets are being written out, all it is is just a number that exists in our heads. My first comment point still stands. This is the upper end of a range cited by a single source regarding a speculative venture that has yet to be confirmed or elaborated on by the source it purportedly comes from.