Johnnyvibrant comments on Is OpenAI dead yet?

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[–] Johnnyvibrant@discuss.tchncs.de 25 points 9 months ago (4 children)

Keep an eye on the trump family investments, when they dump a load of shares the bubble will burst tomorrow

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[–] baggachipz@sh.itjust.works 24 points 9 months ago (3 children)

That’s the thing about this bubble. Most of the companies involved aren’t public. The only public company is nvidia, but they’re just selling shovels to the gold prospectors. (Though, they’re giving money to the prospectors to buy the shovels, which is criminal at best.) Oracle is public too but they’re on the periphery.

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[–] Taldan@lemmy.world 15 points 9 months ago

Alphabet is public, and they have significant exposure

Microsoft owns a huge stake in OpenAI, and has invested heavily in AI

I'd argue all the tech companies are highly exposed

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[–] exu@feditown.com 4 points 9 months ago (1 child)

I'm calling the bubble burst for a few weeks after the first large AI company has to go public due to being unable to finance their money burning scheme.

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[–] baggachipz@sh.itjust.works 4 points 9 months ago

The OpenAI S1 is gonna make WeWork look like a blue chip stock.

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