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  3. Elon Musk just offered to buy OpenAI for $97.4 billion

Elon Musk just offered to buy OpenAI for $97.4 billion

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  • T [email protected]

    and sadly, the amount of people who use chatgpt to try and get factual information, is quite high... which makes this even more terrifying. It's about systematically gaining control of communication and information.

    J This user is from outside of this forum
    J This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #131

    I've had people on Reddit and Lemmy dispute my comments by citing ChatGPT... AI is a really innovative wrench that people are using as a hammer.

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    • P [email protected]

      Buy a company mostly with other people's money (he paid ~15B of the 44B offer) lose a lot, 70% or more but use it to win an election and gain 200B in profit.

      Musk is a salesman and he's good at getting investors to get behind his crap. He's never produced actual value but that doesn't matter to stock values apparently.

      J This user is from outside of this forum
      J This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #132

      Tesla investors are starting to care, it seems.

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      • E [email protected]

        Everyone should've chipped in with a dollar and you'd have your own country! /s

        S This user is from outside of this forum
        S This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #133

        But that's socialism.

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        • zecg@lemmy.worldZ [email protected]

          OK, it just spits predicted tokens, but in answer to what you asked and sensitive to the context you provided and its predictions are arranged such that when you decode them into language they present evidence or arguments used in thinking or argumentation. It also forms conclusions, inferences and produces results to problems, if you allow me to recycle from a dictionary definition of "reasoning". It's not perfect and obviously you can't cram a huge amount into a 16b distillation and it certainly can get things wrong, but you have to squint to not see reasoning when you ask it to guesstimate something or solve a mathematical problem. It is an LLM but there's reasoning coming out?

          S This user is from outside of this forum
          S This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #134

          Yeah I see what you mean. There's a decent argument to be made that something like reasoning appears as an emergent property in this kind of system, I'll admit. Still, the fact that fundamentally the code works as a prediction engine rules out any sort of real cognition, even if it makes an impressive simulacrum. There's just no ability to invent, no true novelty, which -- to my mind at least -- is the hallmark of actual reasoning.

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          • R [email protected]

            even if openai are assholes, chatgpt is still useful for things as long as you dont put too much trust in it. If that fucker buys it they will turn it into racist shitspewing garbage. Without it, regular people will have no decent or easy way to utilize ai and this new tech will benefit only the rich who will use it to oppress us even worse.

            Stinky isnt an idiot, i wish he was. Anything he buys he can and will use to cause harm to us. So this would be bad for us all.

            U This user is from outside of this forum
            U This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #135

            chatgpt is still useful for things as long as you dont put too much trust in it.

            Yep, its very useful for generating buzzword salad, so I use it for cover letters for job postings.

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            • M [email protected]

              He can afford to pay twice the price of Twitter because he's using government money. Remember he barely swung the 44 billion for Twitter. Now he's buying something for more than double that? After putting code into the Treasury department computers to hide transactions?

              Lmao.

              lupusblackfur@lemmy.worldL This user is from outside of this forum
              lupusblackfur@lemmy.worldL This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #136

              Yep, seems legit, eh? 🤣

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              • S [email protected]

                It isn’t racist enough, so he has to take over and train it on nazi propaganda.

                B This user is from outside of this forum
                B This user is from outside of this forum
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                wrote on last edited by
                #137

                I wonder why his offer wasn't 69.420 billion?

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                • U [email protected]

                  chatgpt is still useful for things as long as you dont put too much trust in it.

                  Yep, its very useful for generating buzzword salad, so I use it for cover letters for job postings.

                  K This user is from outside of this forum
                  K This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #138

                  Pretty much what I use my locally hosted LLM for. Might not be as good as ChatGPT but I don't really care.

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                  • F [email protected]

                    OpenAI is not a public company and thus doesn’t have a fiduciary duty

                    Public companies only have fiduciary duty to their sharehoders to the extent that their corporate charters say that they do. It's entirely possible to launch a corporation that promises nothing to its shareholders, though it might be difficult to find investors.

                    U This user is from outside of this forum
                    U This user is from outside of this forum
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                    wrote on last edited by
                    #139

                    B Type corps have a fair number of investors, looking to invest. A lot of investors look for socially conscious investments.

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                    • L [email protected]

                      This is corporate trolling. Open AI is trying to go public soon, and Elon did this to fuck with that.

                      Massive oversimplification but basically:
                      In the United States, you are required to take the best offer when selling a company, unless you can argue in court that you had reasons not to sell to whomever placed the highest bid.
                      Because of this offer, as open AI attempts to go public, they will have to either to be close to Elon's bid, forced to sell to him, go to court and fight him ther, or be forced to remain private.

                      E This user is from outside of this forum
                      E This user is from outside of this forum
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                      wrote on last edited by
                      #140

                      Lmao, musk is on record as making absurd offers and then trying everything he can to back out of them. I'm not sure why he offered this himself instead of getting a consortium of investors together to do so on his behalf without any involvement from him.

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                      • canigou@jlai.luC [email protected]

                        Where is the "hide Musk/DOGE/Trump related posts" button ?

                        K This user is from outside of this forum
                        K This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #141

                        I don't see this option sadly, only block instance/community/user. Would love to block Trump/Musks fucking faces from my life.

                        canigou@jlai.luC 1 Reply Last reply
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                        • E [email protected]

                          Lmao, musk is on record as making absurd offers and then trying everything he can to back out of them. I'm not sure why he offered this himself instead of getting a consortium of investors together to do so on his behalf without any involvement from him.

                          R This user is from outside of this forum
                          R This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #142

                          Isn't this what he did with Twitter and the courts forced him to honor the offer?

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                          • L [email protected]

                            This is corporate trolling. Open AI is trying to go public soon, and Elon did this to fuck with that.

                            Massive oversimplification but basically:
                            In the United States, you are required to take the best offer when selling a company, unless you can argue in court that you had reasons not to sell to whomever placed the highest bid.
                            Because of this offer, as open AI attempts to go public, they will have to either to be close to Elon's bid, forced to sell to him, go to court and fight him ther, or be forced to remain private.

                            B This user is from outside of this forum
                            B This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #143

                            But they aren’t required to sell though.

                            L 1 Reply Last reply
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                            • L [email protected]

                              He offered to buy it with someone else's money and take the credit

                              B This user is from outside of this forum
                              B This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #144

                              I’ve never understood how you can take out a loan to buy a company, turn around and place all that debt on the company you just bought, and have no personal ramifications when the company goes belly up because the debt load is too high.

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                              • B [email protected]

                                But they aren’t required to sell though.

                                L This user is from outside of this forum
                                L This user is from outside of this forum
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                                wrote on last edited by
                                #145

                                Yes, they could remain private but they are attempting to go public. This action is a legal speedbump that they must now work really hard to maneuver around.

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                                • E [email protected]

                                  and the US presidency for 290 million.

                                  So, about a dollar per American.

                                  B This user is from outside of this forum
                                  B This user is from outside of this forum
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                                  wrote on last edited by
                                  #146

                                  Less. Our population is something like 330m now I think.

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                                  • E [email protected]

                                    Everyone should've chipped in with a dollar and you'd have your own country! /s

                                    chairmanmeow@programming.devC This user is from outside of this forum
                                    chairmanmeow@programming.devC This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #147

                                    I wonder if that'd work. Do a crowdfunding for certain legislation, and pay it out to whoever votes for it (with a bonus for whoever first proposes the legislation). Dystopian as fuck, but perhaps worth an experiment.

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                                    • M [email protected]

                                      YES!

                                      Finally a way to destroy the AI hype.

                                      Maybe the man is good for something besides wasting oxygen after all.

                                      D This user is from outside of this forum
                                      D This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #148

                                      Destroy it?

                                      Like he destroyed Twitter by turning it into his personal propaganda outlet, maybe.

                                      It sounds to me like he's just positioning himself to control an AI tech provider who will conveniently be contracted to replace all the government positions he is trying to eliminate.

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                                      • L [email protected]

                                        This is corporate trolling. Open AI is trying to go public soon, and Elon did this to fuck with that.

                                        Massive oversimplification but basically:
                                        In the United States, you are required to take the best offer when selling a company, unless you can argue in court that you had reasons not to sell to whomever placed the highest bid.
                                        Because of this offer, as open AI attempts to go public, they will have to either to be close to Elon's bid, forced to sell to him, go to court and fight him ther, or be forced to remain private.

                                        T This user is from outside of this forum
                                        T This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #149

                                        I feel like "look at twitter" is probably enough of a defence to decline president musk.
                                        It would probably need to be wordier for court proceedings.

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                                        • M [email protected]

                                          He can afford to pay twice the price of Twitter because he's using government money. Remember he barely swung the 44 billion for Twitter. Now he's buying something for more than double that? After putting code into the Treasury department computers to hide transactions?

                                          Lmao.

                                          C This user is from outside of this forum
                                          C This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #150

                                          Pretty sure he's now functionally the worlds richest man (including oligarchs with a lot of hidden wealth) what with his newly aquired un-supervised access to 6 trillion in US government funds.

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