Comment by theplatman

Comment by theplatman 21 hours ago

4 replies

open ai is at risk of complete collapse if it cannot fulfill its financial obligations. if people willing to give them money don't have faith in their ability to win the AI race anymore, then they're going out of business.

dbbk 18 hours ago

Spoiler alert they're going to go out of business

Fricken 21 hours ago

Exactly. They aren't going to win the AI race chasing rabbits at the expense of long-term goals. We're 3 years into a 10 year build-out. Open AI and it's financiers are too impatient, clearly, and they're fucking themselves. Open AI doesn't need to double it's revenue to meet expectations. They need to 50x their revenue to meet expectations. That's not the kind of problem you solve by working through the weekend.

  • gbear605 18 hours ago

    The financiers are running out of money to lend. At this point, staying negative profit isn’t an option, they need to be able to fund themselves or they’ll go bankrupt.

  • theplatman 16 hours ago

    i cannot imagine how they are going to be able to meet their obligations unless they pull off a massive hail mary at this point via a bail out or finding someone to provide tens of billions of dollars in funding.