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A comment on Evolving OpenAI's Structure. Parent comment

Re:Evolving OpenAI's Structure by throwaway48476 on Monday May 05, 2025 @07:52PM (#43900559)
(b) is true but no so much (a). If investors thought it would be winner take all and they thought ClosedAI would win they'd invest in ClosedAI only and starve competitors of funding.
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Re:Evolving OpenAI's Structure by sebastiennight on Monday May 05, 2025 @08:43PM (#43900812)
Actually I'm thinking in a winner-takes-all universe, the right strategy would be to spread your bets on as many likely winners as possible.

That's literally the premise of venture capital. This is a scenario where we're assuming ALL our bets will go to zero, except one which will be worth trillions. In that case you should bet on everything.

It's only in the opposite scenario (where every bet pays off with varying ROI) that it makes sense to go all-in on whichever bet seems most promising.

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Re:Evolving OpenAI's Structure by AbstractH24 on Tuesday May 06, 2025 @08:55AM (#43904558)
Y that sounds just like a certain startup incubator’s perspective on things.
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