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OpenAI is so cooked and I'm all here for it (lemmy.dbzer0.com)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 22 points 3 days ago (19 children)

Can someone explain the Pale Horse reference?

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[–] [email protected] 35 points 3 days ago (1 children)

really looking forward to how these multi-billion dollar AI datacenter investments will work out for big tech companies

that said I'm pretty sure most of that capacity is reserved for the surveillance state anyway

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[–] [email protected] 31 points 3 days ago (4 children)

By "Sam Altman said" in a "series of posts", this article means these two tweets from 10 hours ago: https://twitter.com/sama/status/1876104580070813976.
This is a screenshot of a tweet talking about an article written about two tweets by Sam Altman. Is this really the world we're living in, now?

[–] [email protected] 33 points 3 days ago* (last edited 3 days ago)

Yeah, and I think you're pretending it's more ridiculous than it is

[–] [email protected] 11 points 2 days ago

Welcome to the wonderful XXI century where our innovations in communication technology and financial instruments allow a hyperoptimised economy where two tweets are more than enough to cause billion-dollar shifts on the market. Completely organic and based on solid fundamentals I am assured by the same people that assured me of this in 2000 and 2008.

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[–] [email protected] 27 points 3 days ago

Never offer unlimited on a utility model without guardrails. That’s just business 101.

[–] [email protected] 16 points 3 days ago (3 children)

Wonder what their financials are actually, usually with cloud capital ventures like these they usually still magically keep raking it in even though they're "losing money".

For instance, Amazon during the pandemic paid zero corporate tax even though they had record sales because they "didn't make any profit", Tesla too who didn't make profit during 2020 yet their share price went 10x and they had plenty of shares to sell if they wanted.

[–] [email protected] 4 points 2 days ago

Wonder what their financials are actually

If they have a publicly traded part (iirc openai ownership was weird, but dont think they have a publicly traded part (yet)) they should do financial statements, before that doubt anybody can really tell.

Not that those statements are easy to read.

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