4 ms·
Though I also think it’s extremely bad for OpenAI’s valuation. If you give me $500B to train the best model in the world, and then a couple people at a hedge f
by actsasbuffoon 2y ago
Though I also think it’s extremely bad for OpenAI’s valuation.
If you give me $500B to train the best model in the world, and then a couple people at a hedge fund in China can use my API to train a model that’s almost equal for a tiny fraction of what I paid, then it appears to be outrageously foolish to build new frontier models.
The only financial move that makes sense is to wait for someone else to burn hundreds of billions building a better model, and then clone it. OpenAI primarily exists to do one of the most foolish things you can possibly do with money. Seems like a really bad deal for investors.
- satellite2 2y agoLike going to the Moon.
- joquarky 2y agohttps://en.m.wikipedia.org/wiki/First-mover_advantage#Second-mover_advantage https://en.m.wikipedia.org/wiki/First-mover_advantage#Second...
- vkou 2y agoFortunately everyone who gave OpenAI money did it to further their stated mission of bettering humanity, and not for the chance at any financial gain.
- thayne 2y agoI am very doubtful that is why MS gave them so much.
- sodality2 2y agoI suspect (and hope) that this is a satirization of the claims about OpenAI's nonprofit goals and complicated legal structure
- chongli 2y agoAt one time they were nonprofit by choice. Now they are nonprofit not by choice.
- unclebucknasty 2y agoIndeed those donors must be elated.
- SecretDreams 2y agoAs it turns out, first to market only matters if you can actually make a novel moat. Which OpenAi has presently got no chance to do.