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Agreed. They are pretty close to distress IMO. This cash-injection gets them to where, an IPO? I dunno, people might be spooked by then.

Will be interesting to see.


Why was Sam brought back? Swear it's all gone downhill for them since that debacle re. firing him.


Sam was brought back because there was no one to replace him. The non-profit types on the board were living in a consensus bubble that didn't extend far beyond a small inner circle, and they discovered that they didn't have sufficient support from the engineers who had lots of other employment options and threatened to quit if Altman wasn't reinstated. Altman himself had no problem finding a replacement job in a matter of hours, and the board was looking at a business drained of talent in a cut-throat tech race.

I'm no fan of Altman or OpenAI, it's a pretty shady company and I am suspicious of their books, but this was a great demonstration of the uselessness of boards and how out of touch they are with the business they are supposed to be supervising. It's really rare to find an effective board, primarily they sit like a House of Lords enjoying ceremonial perks and a stipend in exchange for holding a few meetings a year.


Because he's a charismatic liar. Extremely effective and useful for a company that is burning money to secure more investments.


I think OAI is suffering from the Meta-effect.

That is, hiring Meta-exec's who focus on gaming numbers with no care nor sensibility of product.

Wild really. Well done Sam.


---- 3) OpenAI has no focus, and has recently been out-gunned by Anthropic who have actually focused.


I dunno about you... but it boggles my mind how many others can't see it.

Perhaps most people are absolutely devoid of any taste of what makes art? I dont know.


Techbros, largely, never had any taste to begin with. They just also don't have the skills/will to make any art, so they could hide their lack of taste for a long time.

That said, there are still people with exceptional aesthetic sensibilities in the tech field, obviously. They're just largely not in this space.


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