AI's Investment Implications

Just saw a post on why Google is so bad at shipping stuff. Basically innovator’s dilemma and corporate inertia. Maybe Google’s founders are just too hands off. Meta works much better under Zuck.

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Google spends tons on R&D. It literally justifies it by saying it’s trying tons of moonshots. The issue is all the PhDs don’t understand how to turn any of it into actual products. Their product managers are either awful or have zero influence. I think their finance team is a near zero and closer to an accounting function.

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Opportunity is to invest heavily once they have a CEO or COO or Chief Business Officer with excellent go2market skill.

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:question:

Usually this has something to do with sexual harassment or fraud.

Maybe they didn’t think $10M pay packages for engineers was sustainable.

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No need for external companies to disrupt OpenAI. Implosion. OpenAI is not a threat to any companies. Good bye.

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???

So long ago, still can prove? Did his sister demand a huge compensation which Sam refuses?

Sam won’t have problem getting investors for his next company.

Sam = Steve Jobs 2.0?

That was it? The OpenAI board is a bunch of losers. If true Altman can and should definitely start another company, and poach most of the top talents from openai.

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Maybe the biggest corporate screwup since Apple ousted Steve Jobs. Really fucked up.

The time to worry about AGI is after we have built AGI. What’s with this AI safety BS. Google is consumed with this safety mindset and failed to build anything good as a result.

I would 100% bet this was over concerns about wokeness of ChatGPT answers and wanting to slowdown to make it more woke. It’ll get less accurate if that’s the case. It’s why Google AI is garbage. This could go down in history as one of the biggest unforced errors and blowing a huge advantage in tech history.

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Sell MSFT on Monday :face_with_hand_over_mouth:

It’s a big opportunity for Anthropic. They were quite a bit behind. They have fresh money from Amazon too.

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Helen Toner: Toner is a board member and non-OpenAI employee who spent time at the University of Oxford’s Center for the Governance of AI, and has been a director of strategy for Georgetown’s Center for Security and Emerging Technology for nearly five years. Last year, Toner told the Journal of Political Risk that, “Building AI systems that are safe, reliable, fair, and interpretable is an enormous open problem… Organizations building and deploying AI will also have to recognize that beating their competitors to market— or to the battlefield — is to no avail if the systems they’re fielding are buggy, hackable, or unpredictable.””

Fair = bow to wokeness.

Another board member was an employee and cofounder. He resigned over it, so clearly he didn’t agree.

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Microsoft put $13B into OpenAI, which has a valuation of $80B in the most recent round.

All gone now. They now want to slow walk development in the name of “safety”. What a bunch of clowns.

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And the board didn’t even bother calling Satya.

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Satya is not fucking around.

OpenAI board =

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Lol. What a total disaster. Doesn’t MSFT own 49%? They only need another investor to agree, and they can vote out the board. Investors aren’t going to like this. The board is done. This is actually good they are prioritizing running a business over wokeness.