Re:Sam Altman didn’t take any equity in OpenAI, report says
by HopenHeyHi on Friday March 24, 2023 @11:01AM
(#35289925)
OpenAI is unlikely to IPO or be acquired outright anytime soon, equity is meaningless - instead, who controls the spice controls the universe.
[ Parent
| on HN ]
Re:Sam Altman didn’t take any equity in OpenAI, report says
by jasmer on Friday March 24, 2023 @11:41AM
(#35290574)
People will be copying this spice recipe pretty quickly.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by wslh on Friday March 24, 2023 @11:29AM
(#35290361)
We will see a los of OpenAIs (FAANG first) soon. It is the kind of innovation where anybody will catch up.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by huijzer on Friday March 24, 2023 @12:01PM
(#35290973)
> It is the kind of innovation where anybody will catch up.
Technically? Probably yes.
But where is your startup going to find millions of users for extra training data?
Re:Sam Altman didn’t take any equity in OpenAI, report says
by wslh on Friday March 24, 2023 @12:03PM
(#35291013)
> But where is your startup going to find millions of users for extra training data?
The (big) community. There are existing decentralized approaches to accomplish this. And I am not mentioning the data that could be consumed beyond DMCAs.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by robotresearcher on Friday March 24, 2023 @01:15PM
(#35292270)
The startups will use the existing LLMs to bootstrap theirs, getting access to the data by proxy. This will transfer cash to the early LLMs but give a means for startups to get going.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by robotresearcher on Friday March 24, 2023 @01:17PM
(#35292311)
Some startups will use the existing LLMs to bootstrap theirs, getting access to the data by proxy. This will transfer cash to the early LLMs but give a means for startups to get going.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by seydor on Friday March 24, 2023 @05:42PM
(#35296021)
everywhere? what moat does openAI have?
Re:Sam Altman didn’t take any equity in OpenAI, report says
by ipatec on Friday March 24, 2023 @07:06PM
(#35296871)
Microsoft Office suite
Re:Sam Altman didn’t take any equity in OpenAI, report says
by pastor_bob on Friday March 24, 2023 @11:15AM
(#35290143)
Sam Altman is only 37. He has time to wait.
Re:Sam Altman didn’t take any equity in OpenAI, report says
by KyeRussell on Friday March 24, 2023 @11:08AM
(#35290043)
They know about the spice!
Re:Sam Altman didn’t take any equity in OpenAI, report says
by HopenHeyHi on Friday March 24, 2023 @11:13AM
(#35290113)
The spice melange!
Re:Sam Altman didn’t take any equity in OpenAI, report says
by selimthegrim on Friday March 24, 2023 @11:26AM
(#35290303)
Re:Sam Altman didn’t take any equity in OpenAI, report says
by HopenHeyHi on Friday March 24, 2023 @11:37AM
(#35290507)
Re:Sam Altman didn’t take any equity in OpenAI, report says
by 650REDHAIR on Friday March 24, 2023 @01:10PM
(#35292184)
Or it’ll crash and burn like Loopt.