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Though I also think it’s extremely bad for OpenAI’s valuation.

If you give me $500B to train the best model in the world, and then a couple people at a hedge fund in China can use my API to train a model that’s almost equal for a tiny fraction of what I paid, then it appears to be outrageously foolish to build new frontier models.

The only financial move that makes sense is to wait for someone else to burn hundreds of billions building a better model, and then clone it. OpenAI primarily exists to do one of the most foolish things you can possibly do with money. Seems like a really bad deal for investors.




Fortunately everyone who gave OpenAI money did it to further their stated mission of bettering humanity, and not for the chance at any financial gain.


At one time they were nonprofit by choice. Now they are nonprofit not by choice.


I am very doubtful that is why MS gave them so much.


I suspect (and hope) that this is a satirization of the claims about OpenAI's nonprofit goals and complicated legal structure


Indeed those donors must be elated.



As it turns out, first to market only matters if you can actually make a novel moat. Which OpenAi has presently got no chance to do.


Like going to the Moon.




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