Comment on Could Musk damage OpenAI even if his $100bn bid for it fails?

sexy_peach@feddit.org ⁨1⁩ ⁨month⁩ ago

• Junkernaught@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

  The business model is pretty clear, put out as much hype as possible, overinflate the stock price, cash out and leave the chumps holding the bag.

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  • MagicShel@lemmy.zip ⁨1⁩ ⁨month⁩ ago

    Whatever their plan is, you just described the one business model they clearly aren’t following by rejecting $100B.

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    • db2@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Mush wouldn’t pay.

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      • seven_phone@lemmy.world ⁨1⁩ ⁨month⁩ ago

        He would have paid with other people’s money but I do not think it is right to think of OpenAI as grifters working a business plan. They are zealots who think they are creating an inflection point in human civilisation, my hope and my fear is that they might be right. It is not over inflated, it is not another assistant it is the start of inorganic intelligence.

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  • FlowVoid@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I doubt that’s their plan, since they aren’t on the stock market.

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    • Junkernaught@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

      …and yet are tying to change to for-profit model

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      • FlowVoid@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Yes, but that does not mean they want to be publicly traded.

        There are plenty of privately held for-profit companies, and their business model does not involve stock prices.

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