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Apparently it isn't clear to the investors valuing OpenAI at >300B. Possibly they're betting that the ecosystem & integrations around their models will generate
by rendang 2y ago
Apparently it isn't clear to the investors valuing OpenAI at >300B. Possibly they're betting that the ecosystem & integrations around their models will generate a certain amount of lock-in or otherwise make the difference in a close-to-even field
- hmottestad 2y agoFunnily enough a lot of the open source world has landed on an API that is basically a copy of OpenAI. So if you develop against OpenAI it’s almost a slot in solution to switch to an open source solution.
- pzo 2y agoand on top of that you have solutions like openrouter.ai where you can route inference easily with a combobox
- riffraff 2y agoInvestors thought someone renting office space was going to revolutionize the world and valued their company 50B.
- jeswin 2y agoI don't think it's automatically a bad idea. Offices require a lot of support, networking, security, maintenance, certifications etc. There are efficiency gains in scaling. In addition, Wework is useful for companies which hire employees in different cities.
- snowwrestler 2y agoLots of things are good ideas but investing is about price vs value. Good ideas can be overpriced as easily as bad ideas.
- apples_oranges 2y agoWell, now their job is to keep up the illusion until they have cashed out or offloaded the investment to somebody else.
- aprilthird2021 2y agoThis reminds me of a comedy sketch where a guy is interviewing for a job at a startup, finally gets to the last round and meets the founder, and he tells him the whole thing is an illusion for investors
- fragmede 2y agothe bet is if they can produce ai that can replace a level of generic office worker. a bot that you can add to slack and give tasks to do.