this post was submitted on 21 Oct 2024
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[–] sunzu2@thebrainbin.org 34 points 2 weeks ago (2 children)

I am surpised anyone would work with altman, dude radiates grifter among the grifter.

I wouldnt be surpised if he goes down similar to theranos and ftx scammers.

Keep a close eye on worldcoin.

[–] scarabic@lemmy.world 1 points 2 weeks ago (1 children)

Didn’t his staff riot to have him returned? Somehow this is more meaningful to me than the fact that the internet hates yet another rich tech guy, which is an almost guaranteed thing.

[–] sunzu2@thebrainbin.org 1 points 2 weeks ago (1 children)

No idea... Is that what the news said?

[–] scarabic@lemmy.world 1 points 2 weeks ago

Yes 743 out of 770 employees signed a letter demanding the reinstatement of Altman and resignation of the board after they tried to oust him.

https://www.bbc.com/news/business-67470876

I mean this is a bald fact. The people who worked for him went to bat to keep working for him.

[–] deegeese@sopuli.xyz 33 points 2 weeks ago (1 children)

If Microsoft is expected to keep shoveling money into a bottomless pit, the bottomless pit is expected to keep producing temporary gains to the donor’s stock price.

Turns out the only people willing to pay for AI are other tech investors.

[–] Flocklesscrow@lemm.ee 10 points 2 weeks ago (1 children)

It's ouroboros all the way down.

[–] vonxylofon@lemmy.world 21 points 2 weeks ago

*ouroBROs 🤑

[–] sentient_loom@sh.itjust.works 31 points 2 weeks ago (3 children)

It's not a 'bromance' if they're not dudes. They are companies.

[–] tinsuke@lemmy.world 17 points 2 weeks ago (1 children)

Blame Altman on that one, from the article:

Altman once called OpenAI’s partnership with Microsoft “the best bromance in tech,”

[–] sentient_loom@sh.itjust.works 15 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I don't care what Altman said. These are megacorporations using buzzwords. No need to mutilate ourselves into idiotic commercials for them.

[–] homesweethomeMrL@lemmy.world 3 points 2 weeks ago (1 children)

Corporations are people, my friend

[–] sentient_loom@sh.itjust.works 9 points 2 weeks ago (1 children)

No they're not, guy. I aggressively dismiss any legal vomit that claims they are.

[–] vonxylofon@lemmy.world 9 points 2 weeks ago

Altman is definitely a tech bro. Nadella is, I'd say, also one, although I'm getting a bit of "How do you do, fellow kids" vibe from him.

[–] skillissuer@discuss.tchncs.de 1 points 2 weeks ago

nvidia executive called saltman a podcasting bro

[–] tigerjerusalem@lemmy.world 18 points 2 weeks ago* (last edited 2 weeks ago) (3 children)

Take a cup a coffee, a comfortable seat, and enjoy the posts from Ed Zitron about OpenAI and the AI fever in general outlining clearly how that hype is a financial disaster waiting to happen. It's a good read: www.wheresyoured.at

[–] deegeese@sopuli.xyz 9 points 2 weeks ago (1 children)
[–] tigerjerusalem@lemmy.world 2 points 2 weeks ago

That's one of the articles, Ed has two or three more about the whole AI scam that's interesting to read.

[–] homesweethomeMrL@lemmy.world 7 points 2 weeks ago (1 children)

And OpenAI is getting desperate. According to Fortune, OpenAI’s culture is deeply brittle, with a “relentless pressure to introduce products” rushing its o1 model to market as Sam Altman was “eager to prove to potential investors in the company’s latest funding round that OpenAI remains at the forefront of AI development” despite staff saying it wasn’t ready. 

These aren’t the actions of a company that’s on the forefront of anything — they’re desperate moves made by desperate people burning the candle at both ends.

Yet, once you get past these problems, you run head-first into the largest one: that generative AI is deeply unprofitable to run. When every subscriber or API call loses you money, growth only exists to help flog your company to investors, and at some point investors will begin to question whether this company can stand on its own two feet. 

It can’t. 

OpenAI is a disaster in the making, and behind it sits a potentially bigger, nastier disaster — a lack of any real strength in the generative AI market. If OpenAI can only make a billion dollars as the leader in this market (with $200 million of that coming from Microsoft reselling its models), it heavily suggests that there is neither developer nor user interest in generative AI products.

Whew. It’s brutal.

Heh. Good. It should be brutal.

[–] lemmeBe@sh.itjust.works 1 points 2 weeks ago

Thanks! Added it to my RSS. 😎

[–] LovableSidekick@lemmy.world 7 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Unrelated, I can't help noticing how much Altman reminds me of Luke Dunphy from Modern Family.

[–] homesweethomeMrL@lemmy.world 6 points 2 weeks ago

You take that back!