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Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by rurp on Tuesday October 29, 2024 @06:28PM (#41990077)
That strategy only works if the anchor is in the realm of reality. If I'm selling a 20 year old Toyota Corolla and initially ask for $900,000 that's not going to help me get a higher price.
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by yreg on Tuesday October 29, 2024 @08:13PM (#41990799)
Anchoring bias probably works with numbers outside of the realm of reality as well. But I doubt it's very useful in these cases (or even any stronger than asking for say 300B), otherwise everyone would always start a funding round by asking for a 7T investment, right.
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by Terr_ on Tuesday October 29, 2024 @10:23PM (#41991369)
It's also probably less-effective when the other side has their own teams of accountants making projections.
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by malthaus on Wednesday October 30, 2024 @03:29AM (#41992592)
in a negotiation where you have experts with good intuition for costs and practicalities on one side of the table and a non-technical failing-upwards-megalomaniac-kid on the other side, i doubt that's a sensible strategy
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by a13n on Tuesday October 29, 2024 @07:45PM (#41990617)
there are millions of corollas there’s only one openai
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by jsheard on Tuesday October 29, 2024 @07:56PM (#41990686)
It's become a running theme that there are in fact a lot of OpenAIs, with how frequently their models get matched or leapfrogged by competitors.
Re:OpenAI builds first chip with Broadcom and TSMC, scales b... by bravetraveler on Tuesday October 29, 2024 @08:19PM (#41990825)
Not really that many fabs either. They do this on that scale, they only need the AI to fill demand lol