this post was submitted on 02 Oct 2024

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336

OpenAI is now valued at $157 billion (arstechnica.com)

submitted 1 month ago by [email protected] to c/[email protected]

174 comments fedilink hide all child comments

Built on unearned hype.

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[–] [email protected] 11 points 1 month ago (2 children)

I listened to The Foundering on Sam Altman at the same time as listening to The Power Broker and they weirdly synced up.

They only have one solution for everything, believing more of that thing will solve everything ("Just one more scrape, just one more scrape of everything that's been said or published anywhere and our next model will be perfect.")
They don't care for the destruction left in their wake
They will walk over everyone, including their own family to remain part of the conversation
The only difference is Robert Moses was constrained to New York

[–] [email protected] 0 points 1 month ago

You are describing creative destruction

[–] [email protected] 7 points 1 month ago

i hope musk buys it and loses another $100 billion

[–] [email protected] 15 points 1 month ago (2 children)

Great read on the topic: OpenAI Is A Bad Business by Ed Zitron (Where's Your Ed At)

[–] [email protected] 1 points 1 month ago

I love his podcast.

[–] [email protected] 2 points 1 month ago

Ed Zitron is amazing. That dude just says it like it is.

[–] [email protected] 28 points 1 month ago

Can't wait for the AI boom to inevitably pop and all those billions that could have been spent on...literally anything else, go down the drain.

[–] [email protected] 42 points 1 month ago (2 children)

When I copy and paste someone else’s work, I get called a plagiarist and get fired.

When OpenAI creates a robot that does it really really really fast, they make enough money to feed the planet hundreds of times over.

I don’t want to live on this planet any more.

[–] [email protected] 0 points 1 month ago (1 children)

Good, intellectual property is a mental illness of capitalism

[–] [email protected] 1 points 1 month ago (1 children)

Sure, but I think recognizing someone when they accomplish something of value is important regardless of the economic system in place.

And in this Capitalistic society OpenAI is doing nothing but literally capitalizing on the hard work of thousands of individuals without giving them any form of recognition

[–] [email protected] 2 points 1 month ago

Capitalism is incompatible with meritocracy.

It rewards ruthless capture and enclosure of other people's hard work and surplus value.

Read what Disney did to folk culture. Read what Edison did to his underlings, it is all a repeat of the "enclosures", the thefts of our commons for private profits.

If you don't know what the enclosures were, read this macabre story and focus on the people who attacked the fences and paid with their lives https://en.wikipedia.org/wiki/Elizabeth_Sugrue

[–] [email protected] 3 points 1 month ago

You need to do more fancy thingy between the copy and the pasting.

[–] [email protected] 27 points 1 month ago

Sounds like the perfect time for artists to sue and get their fair* share of that.

*All of it. They deserve all of it.

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