I doubt anything will actually happen, though - everyone with a brain already knew this. Although it is nice to finally have it on paper, now.
Investors are so insane, they'll still believe they can make a profit off OpenAI, until it inevitably crashes and burns.
As long as they aren't left holding the bag, they will make a profit. Which is everything wrong with the stock market in a nutshell.
Same thing is happening spaceX right now. Pump-and-dump before our very eyes, in real time.
I don't think it ever will. The rich elite want to replace us all with bots so bad they'll keep funding it despite this.
Makes me think of copilot. It might be losing money hand over fist too, but copilot is only a little piece of Microsoft's portfolio. Same with Gemini. And grok. And so on.
I'm worried about that most.
Hey, good for--oh. Oh, losses.
Good for them!
It couldn't happen to a nicer company! ๐
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.