A lot of their staff will be finished with needing to make any money ever again in their lives if they IPO.
But that will also throw OpenAI into the public sphere of needing to make money quarter after quarter forever, which inevitably leads to them sucking and no longer being innovative. Actually OpenAI is already teetering on this already as others are catching up. Sam and other top guys will leave because they hate people telling them what to do and don’t need it.
Facebook and Deepseek are literally giving it away for free now to kill the competition and in some areas other competitors are producing better products already.
It’s a weird space. I used to think we were on the verge of entering a whole new era of technology but now I think it’s going to be muted. Perhaps AI (as we know it now) eased some tasks and eliminated some BS stuff that used to waste our time, but we’ve not yet completely eliminated most professional jobs - if anything I think we just added more for them to learn and do to remain competitive.
Alphane_Moon@lemmy.world 1 day ago
Are you insider? Or why exactly are you waiting for their IPO?
venusaur@lemmy.world 1 day ago
What do you mean insider? Just been waiting to invest.
demonsword@lemmy.world 1 day ago
…in OpenAI? lol
A fool an his money are soon parted, indeed
venusaur@lemmy.world 16 hours ago
Please elaborate
IsaamoonKHGDT_6143@lemmy.zip 1 day ago
It remains to be seen whether its IPO will have good margins or break records that catapult it into the S&P 500 and Dow Jones.
401k pensions will depend on an AI company and if it goes bankrupt, pensions will be affected.
Alphane_Moon@lemmy.world 1 day ago
Ah I see. I thought you had equity and wanted to cash out during the IPO.
venusaur@lemmy.world 1 day ago
That would be nice. Catch the first wave, get out after the drop and jump back in to ride it back up. Unfortunately, I’m not a rich man. You have equity in any companies?