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Ilya will literally have a blank check from almost all the VC's in the industry.
by htrp 2y ago
Ilya will literally have a blank check from almost all the VC's in the industry.
- mupuff1234 2y agoAnd probably all of the big tech CEOs are trying to get him on the phone right now.
- mc32 2y agoWouldn’t they have had convos weeks ago and this is just making it official? Sure some people do ‘jump off the burning platform’, but most like to have some alternative options worked out.
- willsmith72 2y agowell he already mentioned a new project in the original tweet, so need to speculate, it sounds like he's already decided
- hipadev23 2y agoThat would be highly irresponsible of them to hire someone who went directly against leadership with an attempted coup. Stability will most likely make him CEO.
- blackguardx 2y agoHe was on the board! He was leadership!
- IncreasePosts 2y agoExcept all the big tech CEOs have head AI honchos who are huge names in their own right, eg yann for meta and demis for Google. Probably couldn't bring him into those places without ruffling some pretty big feathers
- afefers 2y agoNot Apple... At least as far as I known.
- margorczynski 2y agoBut Apple now seemed to enter some kind of agreement with OpenAI, not sure if Ilya or OpenAI would want to work together even via proxy.
- threeseed 2y agoMost of the VCs have already spent their money in the last couple of years. So he may have a blank check but not nearly enough to build an OpenAI competitor. Would love to see him at IBM with full use of their quantum systems.
- throwup238 2y ago> Would love to see him at IBM with full use of their quantum systems. I’m picturing a Wild Wild West-style mad scientist, creating a steampunk army from old spare parts from Big Blue and rising up to challenge the cyber people.
- mbesto 2y ago> Most of the VCs have already spent their money in the last couple of years. Lol no. There is about ~$500B in VC dollars, not to mention $1.2T in buyout dry powder still floating around. Not to mention venture funds raised continue to grow YoY. https://www.bain.com/globalassets/noindex/2024/bain_report_global-private-equity-report-2024.pdf https://www.bain.com/globalassets/noindex/2024/bain_report_g...
- threeseed 2y agoI was referring more specifically to the AI segment. Many of the VCS are over-exposed and still need to have funds to cover follow-on investments in the space. Not buying that there is the widespread appetite to fund a multi-billion new startup like there was a year or two ago.
- thomashop 2y agoSome sources are needed to back those claims up. Which VCs are you talking about?
- localfirst 2y ago[flagged]
- epolanski 2y agoComments like this make me wonder whether I'm on reddit or HN. The future trajectory of AI isn't tied to Nvidia's stock in the same way the web didn't thrive or die on Cisco being the most valuable company in the world 24 years ago.
- fallat 2y agoYeah what. That guy above you is absolutely blind.
- weard_beard 2y agoAI is more like Apple and less like the internet. Your rabid fanaticism is what convinces me of its value… not it’s actual value.
- pixl97 2y ago"Intelligence isn't valuable" --Guy on HN.
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- twodave 2y agoNot all AI is hype. We are just surrounded by so much AI hype it’s easy to forget things like Co-pilot didn’t exist just a couple years ago. To say there’s no value in having an assistant to write code at your direction is incorrect.
- tempsy 2y agoWell, no. No VC who wants anything to do with OpenAI would invest in Ilya. Ilya represents the anti-OpenAI ethos. So it would only be a VC who would be comfortable publicly being an anti-OpenAI VC, which is not that many.
- freedomben 2y ago> Ilya represents the anti-OpenAI ethos. Can you elaborate more on this? What are some of the things the anti-OpenAI ethos stands for? And why do you think Ilya represents that given he was such a major part of OpenAI for so long?
- tempsy 2y agoAm I taking crazy pills or something? Because he was the one who tried to oust Sam like 6 months ago? Did we just all forget that or what? Again, why would any VC give Ilya money if that in any way signals that they are supporting someone who tried to oust the CEO of OpenAI from within? They wouldn't.
- int_19h 2y agoBecause he is one of the big brains behind GPT-4; you know, the thing that propelled OpenAI there?
- hehdhdjehehegwv 2y ago
- GreedIsGood 2y agoHe showed exceptionally bad judgement, judgement is perhaps the most important characteristic of high level employees. He's brilliant, which means someone will take a leap of faith, but he badly, badly damaged his brand as a leader going forward.
- ZoomerCretin 2y agoBad judgement? Sam Altman is a prolific liar who attempted to oust a board member by spreading different lies to different people. He's not even an engineer! He has established a cult of personality and popularity, and that's it. They were absolutely right to try to oust him. The only mistake was in doing so in such a ham-fisted manner.
- scarmig 2y agoStarting something without a very good plan or being unable to execute on it is a sign of bad judgment.
- stale2002 2y ago> Bad judgement? > Sam Altman is a prolific liar who attempted to oust a board member by spreading different lies to different people Correct, it would be bad judgement. Because if he really believe in that statement, that Sam Altman is a hyper competent liar and manipulator, doing what Ilya did just led to Sam getting the keys to the kingdom. This shows extraordinary incompetence from him and the rest of the board.
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- kanwisher 2y agoAll the executives are computer science majors …
- surfingdino 2y agoNope. His non-competes are likely very restrictive.
- zandrew 2y agoNon-competes were invalid in the state of California, and now are in the entirety of the U.S. [1] [1] https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes https://www.ftc.gov/news-events/news/press-releases/2024/04/...
- surfingdino 2y agoWhat about NDAs? Are those not enforceable too?
- bpiche 2y agoI just want to point out that you have noted this falsehood like five times in this thread already. Noncompetes have been unenforceable in California since 2008, and for over a month federally.
- astrange 2y agoNoncompetes have been illegal in CA for much longer than that. It is literally the reason Silicon Valley exists; Fairchild couldn't enforce theirs.