Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by theptip on Monday February 10, 2025 @09:37PM
(#43008314)
Two bets with the same expected value can have wildly different variance.
The OpenAI bet is clearly that they build AGI and become the worlds first $10T company. At this valuation you only need to think it’s P > 0.1 for it to be a reasonable bet.
The OpenAI bet is clearly that they build AGI and become the worlds first $10T company. At this valuation you only need to think it’s P > 0.1 for it to be a reasonable bet.
Coke is not a “swing for the fences” investment.