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WeWork trapped themselves into a real estate hole, selling services for less than they rented property for. OpenAI is currently in an explicit non-profit seeki
by phillipcarter 2y ago
WeWork trapped themselves into a real estate hole, selling services for less than they rented property for.
OpenAI is currently in an explicit non-profit seeking mode using a technology that we have demonstrated 10-100x or greater decreases in compute to achieve the same outcomes.
This is not a declaration that OpenAI will become wildly profitable. This is just me saying that these aren't comparable companies.
- linuxftw 2y agoWeWork was a scam to enrich the founders of the company. They owned or had interests in many of the properties that WeWork leased from. I'm surprised no one was thrown in prison.