I doubt that’s their plan, since they aren’t on the stock market.
Comment on Could Musk damage OpenAI even if his $100bn bid for it fails?
Junkernaught@lemmy.dbzer0.com 5 days agoThe 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.
FlowVoid@lemmy.world 5 days ago
Junkernaught@lemmy.dbzer0.com 5 days ago
…and yet are tying to change to for-profit model
FlowVoid@lemmy.world 5 days 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.
MagicShel@lemmy.zip 5 days ago
Whatever their plan is, you just described the one business model they clearly aren’t following by rejecting $100B.
db2@lemmy.world 5 days ago
Mush wouldn’t pay.
seven_phone@lemmy.world 5 days 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.
Viri4thus@feddit.org 5 days ago
Don’t cite the old spells to me witch, I was there when they were written.
The dot com bubble was the same exact BS, and elmo was there already prepared to grift to the wazoo. The whole AI thing is a massive grift with no mass market use. B2B? Maybe Science? Definitely but mass market is NOT the use case.