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chairhairair | 6 months ago

Anyone paying attention should have zero trust in what Sam Altman says.

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simianwords|6 months ago

What do you think his strategy is? He has to make money at some point.

I don’t buy the logic that he will “scam” his investors and run away at some point.

achenet|6 months ago

He makes money by convincing people to buy OpenAI stock.

If OpenAI goes down tomorrow, he will be just fine. His incentive is to sell the stock, not actually build and run a profitable business.

Look at Adam Neumann as an example of how to lose billions of investor dollars and still walk out of the ensuing crash with over a billion.

https://en.wikipedia.org/wiki/Adam_Neumann

His strategy is to sell OpenAI stock like it was Bitcoin in 2020, and if for some reason the market decides that maybe a company that loses large amounts of cash isn't actually a good investment... he'll be fine, he's had plenty of time to turn some of his stock into money :)

KingMob|6 months ago

> He has to make money at some point.

Yes, but two paths to doing that are to a) build a profitable company, and b) accumulate personal wealth and walk away from a non-profitable company.

I'm not saying OpenAI is unprofitable, but nor do I see Altman as the sort who'd rule out option b.