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A comment on Ilya Sutskever's SSI Inc raises $1B. Parent comment

Re:Ilya Sutskever's SSI Inc raises $1B by mvkel on Friday September 06, 2024 @10:55AM (#41466781)
OpenAI and Anthropic also believe that, too. The thing they have is products, customers, and traction.

$5B pre-product, betting on the team is fine. $50B needs to be a lot more than that.

Many examples of industries collapsing under the weight of belief. See: crypto.

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Re:Ilya Sutskever's SSI Inc raises $1B by vasilipupkin on Tuesday September 10, 2024 @09:16AM (#41500507)
again, this comment misses the point

OpenAI and Anthropic for sure have products and that's great. However, these products are pretty far from a super intelligence.

The bet SSI is making is that by not focusing on products and focusing directly on building a super intelligence, they can leapfrog all these other firms

Now, if you assign any reasonable non zero probability to them succeeding,the expected value of this investment is infinity. It's definitely a very risky investment, but risk and expected value are two different things.

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