Their first pivot was trying to get their investors to buy them a chip manufacturing plant. That failed spectacularly. Now they want to sell phones? Just the market testing should kill that.
Clearly investors for tech startups are all illiterate and love burning money, but this AI craze is worse than crypto. At least that was open and blatant fraud with high returns. This is just burning money until the economy keels over.
im seeing an new AI startup of some concept being advertised here in the west coast every few weeks, its worst than like 1-2 years ago, they are definitely getting desperate. all these conferences going on has switched to being 100% AI related here, rather than various techs, i wouldnt be surprised all these tech people going to these conference lose thier jobs due to layoffs in the near future are going to be disappointed they wont get to travel on company’s dime anymore. plus all these catering companies to openAI and thier conferences too. i work in the area where this all going on.
I’m starting to seriously wonder if ChatGPT is actually running OpenAI. It would explained Altman’s constant lying and telling people what they want to hear.
He was a liar long before language models came into the scene. His first company he sold on a lie that there were hundreds of millions of users. There were less than 50k.
Their first pivot was trying to get their investors to buy them a chip manufacturing plant. That failed spectacularly. Now they want to sell phones? Just the market testing should kill that.
Clearly investors for tech startups are all illiterate and love burning money, but this AI craze is worse than crypto. At least that was open and blatant fraud with high returns. This is just burning money until the economy keels over.
im seeing an new AI startup of some concept being advertised here in the west coast every few weeks, its worst than like 1-2 years ago, they are definitely getting desperate. all these conferences going on has switched to being 100% AI related here, rather than various techs, i wouldnt be surprised all these tech people going to these conference lose thier jobs due to layoffs in the near future are going to be disappointed they wont get to travel on company’s dime anymore. plus all these catering companies to openAI and thier conferences too. i work in the area where this all going on.
I’m starting to seriously wonder if ChatGPT is actually running OpenAI. It would explained Altman’s constant lying and telling people what they want to hear.
Or he’s just another tech asshole.
He was a liar long before language models came into the scene. His first company he sold on a lie that there were hundreds of millions of users. There were less than 50k.