Microsoft and OpenAI ‘bromance’ begins to fray (www.seattletimes.com)
from misk@sopuli.xyz to technology@lemmy.world on 21 Oct 2024 14:41
https://sopuli.xyz/post/18286019

cross-posted from: sopuli.xyz/post/18286017

#technology

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tigerjerusalem@lemmy.world on 21 Oct 2024 15:37 next collapse

Take a cup a coffee, a comfortable seat, and enjoy the posts from Ed Zitron about OpenAI and the AI fever in general outlining clearly how that hype is a financial disaster waiting to happen. It’s a good read: www.wheresyoured.at

deegeese@sopuli.xyz on 21 Oct 2024 18:16 next collapse

Just give the direct link

www.wheresyoured.at/oai-business/

tigerjerusalem@lemmy.world on 21 Oct 2024 22:35 collapse

That’s one of the articles, Ed has two or three more about the whole AI scam that’s interesting to read.

homesweethomeMrL@lemmy.world on 21 Oct 2024 21:00 next collapse

And OpenAI is getting desperate. According to Fortune, OpenAI’s culture is deeply brittle, with a “relentless pressure to introduce products” rushing its o1 model to market as Sam Altman was “eager to prove to potential investors in the company’s latest funding round that OpenAI remains at the forefront of AI development” despite staff saying it wasn’t ready. 

These aren’t the actions of a company that’s on the forefront of anything — they’re desperate moves made by desperate people burning the candle at both ends.

Yet, once you get past these problems, you run head-first into the largest one: that generative AI is deeply unprofitable to run. When every subscriber or API call loses you money, growth only exists to help flog your company to investors, and at some point investors will begin to question whether this company can stand on its own two feet. 

It can’t. 

OpenAI is a disaster in the making, and behind it sits a potentially bigger, nastier disaster — a lack of any real strength in the generative AI market. If OpenAI can only make a billion dollars as the leader in this market (with $200 million of that coming from Microsoft reselling its models), it heavily suggests that there is neither developer nor user interest in generative AI products.

Whew. It’s brutal.

gravitas_deficiency@sh.itjust.works on 22 Oct 2024 10:57 collapse

Heh. Good. It should be brutal.

lemmeBe@sh.itjust.works on 22 Oct 2024 12:05 collapse

Thanks! Added it to my RSS. 😎

sunzu2@thebrainbin.org on 21 Oct 2024 15:38 next collapse

I am surpised anyone would work with altman, dude radiates grifter among the grifter.

I wouldnt be surpised if he goes down similar to theranos and ftx scammers.

Knock_Knock_Lemmy_In@lemmy.world on 21 Oct 2024 18:11 next collapse

Keep a close eye on worldcoin.

scarabic@lemmy.world on 23 Oct 2024 00:25 collapse

Didn’t his staff riot to have him returned? Somehow this is more meaningful to me than the fact that the internet hates yet another rich tech guy, which is an almost guaranteed thing.

sunzu2@thebrainbin.org on 23 Oct 2024 01:25 collapse

No idea... Is that what the news said?

scarabic@lemmy.world on 24 Oct 2024 17:17 collapse

Yes 743 out of 770 employees signed a letter demanding the reinstatement of Altman and resignation of the board after they tried to oust him.

www.bbc.com/news/business-67470876

I mean this is a bald fact. The people who worked for him went to bat to keep working for him.

sentient_loom@sh.itjust.works on 21 Oct 2024 16:34 next collapse

It’s not a ‘bromance’ if they’re not dudes. They are companies.

skillissuer@discuss.tchncs.de on 21 Oct 2024 17:34 next collapse

nvidia executive called saltman a podcasting bro

vonxylofon@lemmy.world on 21 Oct 2024 18:01 next collapse

Altman is definitely a tech bro. Nadella is, I’d say, also one, although I’m getting a bit of “How do you do, fellow kids” vibe from him.

tinsuke@lemmy.world on 21 Oct 2024 19:35 collapse

Blame Altman on that one, from the article:

Altman once called OpenAI’s partnership with Microsoft “the best bromance in tech,”

sentient_loom@sh.itjust.works on 21 Oct 2024 19:38 collapse

I don’t care what Altman said. These are megacorporations using buzzwords. No need to mutilate ourselves into idiotic commercials for them.

homesweethomeMrL@lemmy.world on 21 Oct 2024 20:25 collapse

Corporations are people, my friend

sentient_loom@sh.itjust.works on 21 Oct 2024 21:01 collapse

No they’re not, guy. I aggressively dismiss any legal vomit that claims they are.

homesweethomeMrL@lemmy.world on 22 Oct 2024 00:22 collapse

And I agree with you. Good luck taking down the Supreme Court! Go get ‘em!

homesweethomeMrL@lemmy.world on 22 Oct 2024 00:24 collapse
deegeese@sopuli.xyz on 21 Oct 2024 17:19 next collapse

If Microsoft is expected to keep shoveling money into a bottomless pit, the bottomless pit is expected to keep producing temporary gains to the donor’s stock price.

Turns out the only people willing to pay for AI are other tech investors.

Flocklesscrow@lemm.ee on 21 Oct 2024 17:22 collapse

It’s ouroboros all the way down.

vonxylofon@lemmy.world on 21 Oct 2024 17:59 collapse

*ouroBROs 🤑

LovableSidekick@lemmy.world on 21 Oct 2024 20:15 collapse

Unrelated, I can’t help noticing how much Altman reminds me of Luke Dunphy from Modern Family.

homesweethomeMrL@lemmy.world on 21 Oct 2024 20:26 collapse

You take that back!