Technology

34886 readers

16 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago

MODERATORS

MinutePhrase@lemmy.ml

112

OpenAI Is A Bad Business (www.wheresyoured.at)

submitted 1 month ago by JRepin@lemmy.ml to c/technology@lemmy.ml

9 comments fedilink hide all child comments

OpenAI, a non-profit AI company that will lose anywhere from $4 billion to $5 billion this year, will at some point in the next six or so months convert into a for-profit AI company, at which point it will continue to lose money in exactly the same way. Shortly after this news broke, Chief Technology Officer Mira Murati resigned, followed by Chief Research Officer Bob McGrew and VP of Research, Post Training Barret Zoph, leaving OpenAI with exactly three of its eleven cofounders remaining.

This coincides suspiciously with OpenAI's increasingly-absurd fundraising efforts, where (as I predicted in late July) OpenAI has raised the largest venture-backed fundraise of all time $6.6 billion— at a valuation of $157 billion.

you are viewing a single comment's thread
view the rest of the comments

[–] sevan@lemmy.ca 2 points 1 month ago

Thanks, I'm guessing the benefit of subscribing is to create that persistent relationship. The free version from MS that I'm using times out after a while. I definitely get the problem of it making up experience for me when it encounters something in a job description that isn't referenced anywhere in my info. Honestly, I'd probably get more interviews if I just let it make up stuff, but I'm guessing that might become a problem for me later. :)