More OpenAI news and yet more reason to think the executive team is desperate to cash out before their chickens come home to roost.
No matter what you might think of OpenAI's contributions to the AI industry, the investment dollars have clearly out-paced the tangible value and with no path to profitability available to them, I cant help but think that the executive team is looking to secure their share of investor dollars before the investors start to lose their money.
hu3 4 hours ago [-]
Their only moat is first-movers advantage. ChatGPT is a popular brand.
But if Google managed to overcome Internet Explorer and Firefox at their peak, I'm sure ChatGPT is just another Tuesday for their marketing team. And OpenAI knows that. I see an infinite spam of OpenAI paid ads in Reddit. They are desperate.
Android phones now come with Gemini. It's hard to compete against this planet scale, free, ad-machine that is Android.
mmaunder 4 hours ago [-]
When you're going nuclear on an investor who owns 49% of your company, you're in trouble.
mvdtnz 4 hours ago [-]
So OpenAI wants to fundamentally change the nature of their agreement with Microsoft. Microsoft says "well no, we have an agreement in black and white and if you want to change it you'll need to do it in terms favourable to us". OpenAI responds by throwing their toys out of the cot and trying to leverage the courts against MS with a bogus lawsuit.
No matter what you might think of OpenAI's contributions to the AI industry, the investment dollars have clearly out-paced the tangible value and with no path to profitability available to them, I cant help but think that the executive team is looking to secure their share of investor dollars before the investors start to lose their money.
But if Google managed to overcome Internet Explorer and Firefox at their peak, I'm sure ChatGPT is just another Tuesday for their marketing team. And OpenAI knows that. I see an infinite spam of OpenAI paid ads in Reddit. They are desperate.
Android phones now come with Gemini. It's hard to compete against this planet scale, free, ad-machine that is Android.
Let's see how that works out for them.
Even better luck arguing that you partnered with them in good faith.
Insiders are pissed they don’t have billions of stock like other big tech founders.