Spyke
scarabicreply
lemmy.world

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.

1
scarabicreply
lemmy.world

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.

https://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.

1
deegeese
sopuli.xyz

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.

33
tinsukEreply
lemmy.world

Blame Altman on that one, from the article:

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

17
Sentient Loomreply
sh.itjust.works

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

15
Optionalreply
lemmy.world

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

5
vonxylofonreply
lemmy.world

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.

10
Tiger Jerusalem
lemmy.world

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

18
Tiger Jerusalemreply
lemmy.world

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

2
Optionalreply
lemmy.world

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.

7
Lovable Sidekick
lemmy.world

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

7

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Microsoft and OpenAI ‘bromance’ begins to fray | Spyke