3 ms·
I am not a lawyer, but it is possible he can say whatever he wants without consequences to public because OAI is not a public company.
by riku_iki 11mo ago
I am not a lawyer, but it is possible he can say whatever he wants without consequences to public because OAI is not a public company.
- cmiles8 11mo agoKind of, but there are limits. The investors still have LPs who aren’t going to be happy if things get messy. Things can still get really ugly even for a private company.
- sethops1 11mo agoThe LPs are eyeing that $1 trillion IPO to dump on retail. They don't care what Sam says until then.
- cmiles8 11mo agoThat ship has sailed. CNBC talks about the AI bubble and over-valuation every day. Retail investors won’t touch OpenAI. It’s increasingly looking like these LPs will be left holding the bag when the music stops.
- mi_lk 11mo agoI mean people talk shit about crypto for years, for good reasons, yet it keeps printing for some
- azemetre 11mo agoMost of the credit being throwing around isn't coming from traditional banking companies, mostly private credit being utilized. Private credit isn't really unregulated. If you're interested in learning more I believe Matt Stoller has written a few articles about the private credit markets.