this post was submitted on 27 Dec 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] NaibofTabr@infosec.pub 12 points 1 day ago (2 children)

Wait, does "generate profit" include selling products that don't actually exist yet? Like, has the "AI" generated profit if Sam Altman's unrealistic promises pull in more investments, even if none of the promises are ever delivered?

[–] mountainriver@awful.systems 8 points 1 day ago (1 children)

Nah, this is real profits. Real profits turned over to Microsoft:

Microsoft’s current agreement with OpenAI entitles it and other investors to take a slice of profits until they collect $100 billion.

Heads, Microsoft makes tens of billions in profit on their investment. Tails and Microsoft keeps Open AI in a tight embrace until they have sucked everything they want from them.

Would be smart, except they are sucking poison. Let's see how Microsoft's monopoly position can get them out of this jam!

[–] trolololol@lemmy.world 2 points 20 hours ago

If anything it will put them in a deeper hole.

[–] MayonnaiseArch@beehaw.org 3 points 1 day ago

It's amazing that this dude has whined his way into riches. As far as I can tell the only thing he does is that stupid face