Of course they are. They focused on the wrong things, and Google is eating their lunch. Google has so much free cash flow that OpenAI’s only path to survival was to be acquired early on. Unfortunately they raised too much capital and became unobtainable
Hrekires on
When you owe the bank $1000, that’s your problem. When you owe the bank $96 billion, that’s the bank’s problem.
crustyeng on
They never really had a moat. Their models also aren’t very good any more, relative to what anthropic and google have produced.
Knuth_Koder on
I’m an engineer at a competing company and the stuff we’re hearing through the grapevine is hilarious (or troubling depending on your perspective). We started dealing with those issues over a year ago.
OpenAI made a serious mistake choosing Altman over Sutskever. „Let’s stick with guy who doesn’t understand the tech instead of the guy who helped invent it!“
BoredGuy_v2 on
Pride before the fall ?
(Shakespearean way)
s
braunyakka on
AI as a product is non-existent. It’s just a collection of code that barely functions, and a ton of marketing hype. Because of this it is inevitable that OpenAI will fail, as they have no actual tangible product to fall back on.
Google can just wait them out, and when the AI bubble bursts just go back to selling any one of their other products that actually delivers value.
stvrkillr on
Prob why they’re set to release adult content. I bet that will rocket them ahead again
Flaky-Confidence-424 on
Bring it on.
Key-Chemistry6625 on
Not nearly in enough trouble for this road to dystopia they’ve forced us on.
rahpexphon on
I won’t be surprised if it’s all pre-planned and made by Nadella. It all started with it, and as the fractures grew, Microsoft actually became the most winner without being in the game. In the end, we should not be surprised if the gpt is part of Microsoft.
-CJF- on
Can’t they just ask ChatGPT to upgrade itself? I thought AI can replace software engineers.
Faust29A on
Like I give a fuck.
nemojakonemoras on
They singlehandedly fuck up the ram market and they’re in trouble now?!
Sailor-_-Twift on
OpenAI is definitely not going under
Debt of that large an amount isn’t debt in the traditional sense in that the bank has a problem instead of just you
Owing a thousand is in many ways exponentially worse than owing 96 billion dollars
epochwin on
Most of the companies are issuing bonds which makes this even more precarious
el_doherz on
I’d say good.
But reality is we’ll somehow end up paying to dig all the rich idiots out of their holes instead of letting them burn.
benderunit9000 on
They should spend more money.. MORE MONEY. ALL THE MONEY
jacksonjjacks on
„The Netscape of AI“ is such a harsh burn, but funny. At a digital media conference in Hamburg in Spring of this year a keynote speaker said: „Google will win the AI race. They’ll always win, because the have all the data.“ This got stuck in my mind eversince. You just cannot underestimate the power of data, market knowledge for decades, vertical integration and virtually unlimited funds.
robaroo on
I’m going to savor Sam Altman’s demise. Sweet sweet delicious demise. I know he’ll get a golden parachute and go on to do equally horrible things. But I’m still going to enjoy him momentarily losing.
hobbylobbyrickybobby on
Cancelled my subscription today. Have had it since they first offered it. Gemini and Claude all the way.
mmatt0904 on
Good. Screw these technocrats
rhetoricalcriticism on
Can they use chat gpt to figure out how to get out of trouble
chipface on
Now for all the other clankers to be in trouble too.
SirForsaken6120 on
Thank God finally
Blueskyminer on
Let it crater.
Five-Oh-Vicryl on
Also, Google’s in-house chips seem to doing the job at a fraction of the cost of NVDA. The exorbitant costs incurred by OpenAI will continue to rise as outmoded chips need replacing
BadAtExisting on
Oh no! Anyway
Exciting_Turn_9559 on
Pop goes the bubble
vhs1138 on
Time for an AI bail out!
Waldo305 on
Are they? Because they can just sell our personal data for money. I feel like that has value although idk how it manifests.
Creativator on
Every exponential growth curve eventually becomes a sigmoid.
33 Kommentare
Of course they are. They focused on the wrong things, and Google is eating their lunch. Google has so much free cash flow that OpenAI’s only path to survival was to be acquired early on. Unfortunately they raised too much capital and became unobtainable
When you owe the bank $1000, that’s your problem. When you owe the bank $96 billion, that’s the bank’s problem.
They never really had a moat. Their models also aren’t very good any more, relative to what anthropic and google have produced.
I’m an engineer at a competing company and the stuff we’re hearing through the grapevine is hilarious (or troubling depending on your perspective). We started dealing with those issues over a year ago.
OpenAI made a serious mistake choosing Altman over Sutskever. „Let’s stick with guy who doesn’t understand the tech instead of the guy who helped invent it!“
Pride before the fall ?
(Shakespearean way)
s
AI as a product is non-existent. It’s just a collection of code that barely functions, and a ton of marketing hype. Because of this it is inevitable that OpenAI will fail, as they have no actual tangible product to fall back on.
Google can just wait them out, and when the AI bubble bursts just go back to selling any one of their other products that actually delivers value.
Prob why they’re set to release adult content. I bet that will rocket them ahead again
Bring it on.
Not nearly in enough trouble for this road to dystopia they’ve forced us on.
I won’t be surprised if it’s all pre-planned and made by Nadella. It all started with it, and as the fractures grew, Microsoft actually became the most winner without being in the game. In the end, we should not be surprised if the gpt is part of Microsoft.
Can’t they just ask ChatGPT to upgrade itself? I thought AI can replace software engineers.
Like I give a fuck.
They singlehandedly fuck up the ram market and they’re in trouble now?!
OpenAI is definitely not going under
Debt of that large an amount isn’t debt in the traditional sense in that the bank has a problem instead of just you
Owing a thousand is in many ways exponentially worse than owing 96 billion dollars
Most of the companies are issuing bonds which makes this even more precarious
I’d say good.
But reality is we’ll somehow end up paying to dig all the rich idiots out of their holes instead of letting them burn.
They should spend more money.. MORE MONEY. ALL THE MONEY
„The Netscape of AI“ is such a harsh burn, but funny. At a digital media conference in Hamburg in Spring of this year a keynote speaker said: „Google will win the AI race. They’ll always win, because the have all the data.“ This got stuck in my mind eversince. You just cannot underestimate the power of data, market knowledge for decades, vertical integration and virtually unlimited funds.
I’m going to savor Sam Altman’s demise. Sweet sweet delicious demise. I know he’ll get a golden parachute and go on to do equally horrible things. But I’m still going to enjoy him momentarily losing.
Cancelled my subscription today. Have had it since they first offered it. Gemini and Claude all the way.
Good. Screw these technocrats
Can they use chat gpt to figure out how to get out of trouble
Now for all the other clankers to be in trouble too.
Thank God finally
Let it crater.
Also, Google’s in-house chips seem to doing the job at a fraction of the cost of NVDA. The exorbitant costs incurred by OpenAI will continue to rise as outmoded chips need replacing
Oh no! Anyway
Pop goes the bubble
Time for an AI bail out!
Are they? Because they can just sell our personal data for money. I feel like that has value although idk how it manifests.
Every exponential growth curve eventually becomes a sigmoid.
Want an easy way to farm karma? Post an „AI Bad“ article to [r/technology](https://www.reddit.com/r/technology/).
It happens literally every day. [1](https://www.reddit.com/r/technology/comments/1pcaqvf/ibm_ceo_says_there_is_no_way_spending_trillions/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1), [2](https://www.reddit.com/r/technology/comments/18ov9il/cory_doctorow_what_kind_of_bubble_is_ai/), [3](https://www.reddit.com/r/technology/comments/1mx1p2c/the_warning_signs_the_ai_bubble_is_about_to_burst/), [4](https://www.reddit.com/r/technology/comments/1pexllp/wall_street_races_to_cut_its_risk_from_ais/),
i introduce…to you…..
the worlds smallest violin