Ekaros 2 hours ago

Marketing and name recognition? Used in other areas to generate wealth. Even steering OpenAI or partners of it to acquire right companies could be profitable for him.

jacquesm 4 hours ago

On a personal level it will work out for him just fine. All he has to do is siphon off a fraction of that money to himself and/or an entity that he controls.

He's like Elon Musk in that respect: always doubling the bet on the next round, it is a real life Martingale these guys are playing with society on the hook for the downside.

https://en.wikipedia.org/wiki/Martingale_(betting_system)

  • simianwords 4 hours ago

    How would he siphon off? He has no stake in OpenAI. And any other stake must be public. Or are you suggesting something more shady?

    Elon is the complete opposite of martingale. He has helped produce value beyond just bets. Spacex, Tesla and so on.

    • jacquesm 3 hours ago

      Sorry, I didn't realize that was a rhetorical question.

      • simianwords 3 hours ago

        it is not rhetorical. you have not provided a mechanism through which Sam can make money out of this whereas I'm describing ways in which this bubble popping is not something he would prefer.