Elon Musk just offered to buy OpenAI for $97.4 billion
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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.
Tesla investors are starting to care, it seems.
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Everyone should've chipped in with a dollar and you'd have your own country! /s
But that's socialism.
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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?
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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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.
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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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.
Yep, seems legit, eh?
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
I wonder why his offer wasn't 69.420 billion?
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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.
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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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.
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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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.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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Where is the "hide Musk/DOGE/Trump related posts" button ?
I don't see this option sadly, only block instance/community/user. Would love to block Trump/Musks fucking faces from my life.
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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.
Isn't this what he did with Twitter and the courts forced him to honor the offer?
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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.But they aren’t required to sell though.
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He offered to buy it with someone else's money and take the credit
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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But they aren’t required to sell though.
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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and the US presidency for 290 million.
So, about a dollar per American.
Less. Our population is something like 330m now I think.
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Everyone should've chipped in with a dollar and you'd have your own country! /s
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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YES!
Finally a way to destroy the AI hype.
Maybe the man is good for something besides wasting oxygen after all.
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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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.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. -
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.
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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and the US presidency for 290 million.
So, about a dollar per American.
That’s on par with the fundraising goal for my kid’s elementary school. About a dollar per person in the district.
Totally different situation though, since these suckers at the school are going to spend it on a bunch of kids who haven’t even labored in the mines for it.
