"The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation. These 'Profit Participation Units' were going to be worth $10 million+ for key employees. Suffice it to say this is not going to happen now," chip industry newsletter SemiAnalysis said."

Insane self own by OpenAI

My unfounded Internet opinion: OpenAI just removed or reduced a large source of reward and have shown fundamental instability. OpenAIs success is very much tied to Employees and Compute.

It's insane to see all these takes when we don't even know what caused the loss of trust in the first place.

creating ASI for money seems particularly asinine as the machine overlords won't care terribly much about dollars

We are very complicated creatures and things get out of control, both internally and externally. My armchair opinion is that they started to believe that all of it is so advanced and important, that they lost a bit of a grip on reality. Sutskever imagining planet covered with data centers and solar panels shows me that [0]. Every single person is limited in his/her view - I get a strange feeling when listening to him in this video. Also, they are not the only people left on this planet. Fortunately, this task of creating AI/AGI is not a task for a pack of ten, trying to save us from harm. Still, it may and probably will get rough. /rant

[0] https://www.youtube.com/watch?v=9iqn1HhFJ6c

OpenAI, in contrast, will become more like an academic research unit at some university. Those who prefer life slow and steady, will select to stay there, making tech for effective altruists.

if they can't predict and contain the consequences of their own actions, how can they predict and contain their so claimed future AGI.

if they can't predict and contain the consequences of their own actions, how can they predict and contain their so claimed future "AGI".

Open source doesn’t necessarily imply good for humanity, for example distributing open source designs for nukes would probably be a net negative.

And even if it did, effective altruists wouldn’t need to prioritize the benefit provided by openness over all other possibilities.

https://www.urbandictionary.com/define.php?term=operator

Which creates separation from "investor" or "engineer" or "founder" or "PM" or "sales" or "finance". Somebody has to make stuff happen in organizations. And the people who are good at it (Satya is excellent) set their organizations up for unique success.

And yes, ex-special forces people roll their eyes at it. Which is appropriate! But the usage is now totally distinct.

And yeah I'm wrong about it being the same term, though I did imagine a different use, I was also thinking of smooth operator, apparently I was unfamiliar with the term in tech.

A business operator is like a machine operator. You're pulling levers on a machine that someone else built while optimizing and tweaking to get the best performance out of that machine as possible.

I think now, having tried to fill in my missing knowledge, that it comes from the same root as DevOps, which I erroneously thought was related to SpecOps. DevOps comes from IT Operations which comes from Operations Management, which yes, is like a machine operator. https://en.wikipedia.org/wiki/IT_operations https://en.wikipedia.org/wiki/Operations_management

Edit: here's a post with "Founder Operators". Which seems like maybe if you just heard "Operator" you would assume they're not a founder, but also that the term can be applied for those running businesses they founded: https://startupceo.com/2023/01/5-things-successful-founder-o...

Yes, this is probably the biggest self-own in corporate history.

Do you realize how hard it is to make something like GPT4? I think all the non-AI people posting about this all over X/HN have this idea that if you move everyone over you just "remake the AI" as if this were a traditional API.

There is no way MS catches up to OAI in a short period of time. During that time the rest of the market will be pressing the accelerator as hard as possible.

I think MS is in a really, really shit spot right now.

- all the code that created GPT-4

- all the weights for GPT-4

- all the people who created both of those things

then, y'know, I like their odds.

They have access to the first two already, per their licensing agreement with OAI; by the end of the week, they may very well have the third.