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Sigh, I don't understand why they had to do the $500 billion announcement with the president. So many people now wrongly think Trump just gave OpenAI $500 billi

by dtquad 2y ago

Sigh, I don't understand why they had to do the $500 billion announcement with the president. So many people now wrongly think Trump just gave OpenAI $500 billion of the taxpayers' money.

mrtksn 2y ago
I don't say that at all. Money spent on BS still sucks resources, no matter who spends that money. They are not going to make the GPU's from 500 billion dollar banknotes, they will pay people $500B to work on this stuff which means people won't be working on other stuff that can actually produce value worth more than the $500B. I guess the power plants are salvageable.
- itsoktocry 2y ago
  Deepseek didn't train the model on sheets of paper, there are still infrastructure costs.
  - mrtksn 2y ago
    Which are reportedly over %90 lower.
- thomquaid 2y ago
  By that logic all money is waste. The money isnt destroyed when it is spent. It is transferred into someone else's bank account only. This process repeats recursively until taxation returns all money back to the treasury to be spent again. And out of this process of money shuffling: entire nations full of power plants!
  - mrtksn 2y ago
    Money is just IOUs, it means for some reason not specified on the banknote you are owed services. If in a society a small group of people are owed all the services they can indeed commission all those people. If your rich spend all their money on building pyramids you end up with pyramids instead of something else. They could have chosen to make irrigation systems and have a productive output that makes the whole society more prosperous. Either way the workers get their money, on the Pyramid option their money ends up buying much less food though.
  - whatever1 2y ago
    Money can be destroyed with inflation.
brookst 2y ago
It means he’ll knock down regulatory barriers and mess with competitors because his brand is associated with it. It was a smart poltical move by OpenAI.
- angoragoats 2y ago
  Until the regime is toppled, then it will look very short-sighted and stupid.
  - brookst 2y ago
    Nah, then OpenAI gets to play the “IDK why he took credit, there’s no public money and he did nothing” card. It’s smart on their part.
    - angoragoats 2y ago
      That would be an obvious lie, since they set up in front of cameras in the actual White House to publicly discuss it.

by dtquad 2y ago

Sigh, I don't understand why they had to do the $500 billion announcement with the president. So many people now wrongly think Trump just gave OpenAI $500 billion of the taxpayers' money.

mrtksn 2y ago

I don't say that at all. Money spent on BS still sucks resources, no matter who spends that money. They are not going to make the GPU's from 500 billion dollar banknotes, they will pay people $500B to work on this stuff which means people won't be working on other stuff that can actually produce value worth more than the $500B. I guess the power plants are salvageable.

itsoktocry 2y ago
Deepseek didn't train the model on sheets of paper, there are still infrastructure costs.
- mrtksn 2y ago
  Which are reportedly over %90 lower.
thomquaid 2y ago
By that logic all money is waste. The money isnt destroyed when it is spent. It is transferred into someone else's bank account only. This process repeats recursively until taxation returns all money back to the treasury to be spent again. And out of this process of money shuffling: entire nations full of power plants!
- mrtksn 2y ago
  Money is just IOUs, it means for some reason not specified on the banknote you are owed services. If in a society a small group of people are owed all the services they can indeed commission all those people. If your rich spend all their money on building pyramids you end up with pyramids instead of something else. They could have chosen to make irrigation systems and have a productive output that makes the whole society more prosperous. Either way the workers get their money, on the Pyramid option their money ends up buying much less food though.
- whatever1 2y ago
  Money can be destroyed with inflation.

brookst 2y ago

It means he’ll knock down regulatory barriers and mess with competitors because his brand is associated with it. It was a smart poltical move by OpenAI.

angoragoats 2y ago
Until the regime is toppled, then it will look very short-sighted and stupid.
- brookst 2y ago
  Nah, then OpenAI gets to play the “IDK why he took credit, there’s no public money and he did nothing” card. It’s smart on their part.
  - angoragoats 2y ago
    That would be an obvious lie, since they set up in front of cameras in the actual White House to publicly discuss it.