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Rony Abovitz, the founding energy behind Magic Leap, does this 'AI/XR Podcast' and last episode they discussed OpenAI rumors about a Social Network. As a found
by jimmySixDOF 1y ago
Rony Abovitz, the founding energy behind Magic Leap, does this 'AI/XR Podcast' and last episode they discussed OpenAI rumors about a Social Network. As a founder himself who lived through being flavor of the day getting showered with venture money his observation was prescient: this 'I can do anything' approach is what happens to a certain kind of person (who will "eat everything on the table" is how he phrased it) given all checks and no balances.
He contrasted that with someone like Jenson who pulled Nvidia off of a cliff more than once and so has the scartissue to limit his reach to keep focus on core business.
- ants_everywhere 1y ago> given all checks and no balances. Do you mean no checks and balances? A check is a restriction or constraint.
- wepple 1y agoI suspect this may be a play on words where checks = cheque, or money
- pwdisswordfishz 1y ago"Balance" also has a financial meaning…
- catlikesshrimp 1y agoI am stating the obvious to clarify: cheques without balances is an overdraft. You give a piece of paper that can't be exchanged for money when promised.
- lostlogin 1y agoI don’t think that the saying has anything to do with money. It’s about power, oversight and preventing overreach. Of course, that doesn’t mean it wasn’t used in reference to money by the OP.
- ants_everywhere 1y agoYeah I thought this was possible too that's one of the reasons I asked I checked to see if that pun occurs elsewhere and didn't see it. Someone who doesn't have English as a first language may not know the more obscure usage of check since you don't use it much these days other than as part of phrases and idioms like "checks and balances", which is 18th century English
- bobxmax 1y agoGreat podcast!
- mandeepj 1y ago> scar tissue* I got excited first thinking I’m starting my day off right by learning a new word, but nope :-)
- echelon 1y ago> eat everything on the table OpenAI probably senses they're not making ASI anytime soon. They have enough money to will themselves into a FAANG by essentially minting consumer and enterprise products. That could secure their long term future and returns.
- stogot 1y agoPrediction: they burn through Microsoft’s loans buying social networks and browsers, and then when Microsoft stops writing checks microsoft acquire what’s left
- dabockster 1y agoOr someone else. They could definitely go the acqui-hire route.
- namaria 1y agoI suspect that was the plan all along. I do not buy that these people believed in their own spiel for one second.
- TiredOfLife 1y ago> the founding energy behind Magic Leap So a scammer?