The biggest winner of this weekend's drama and the burning of 10s of billions of dollars at OpenAI? The CCP.
ECONOMY
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AI Spotlight Brings Capital and Benefits Despite Paper Overflow
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I don't understand the problem. The fact that the spotlight is on AI is good and not bad. The fact that numerous papers on "AI" are also being published will soon be remedied by "AIs" evaluating the papers. Besides, hype brings capital, which is what companies need.
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Economic Constraints Limit Impossible Technological Advances
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Impossible. That's limited by economics.
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AI and Cryptocurrency Scams Exposed Viral Video
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😳🤦🏾♀️👇🏾OMG! You need to watch this entire video. Send it to your family and friends too.pic.twitter.com/RgcHVRcdCX#tiktokhotviral #viralTiktok #ViralVideos #AI #cryptocurrencies #Crypto #scams
— Catherine Adenle (@CatherineAdenle) 19 novembre 2023OMG! You need to watch this entire video. Send it to your family and friends too. #tiktokhotviral #viralTiktok #ViralVideos #AI #cryptocurrencies #Crypto #scams
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Superintelligence Creation and Economic Disruption
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Not sure creating superintelligence, thus making money useless, counts as dreaming small
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Mission sustainability questioned under nonprofit model structure
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Yeah I’m not sure this mission is sustainable as a non profit.
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Mission vs Money: The Startup Paradox
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Is it even possible? If you're giving up on $$$, are you therefore giving up on the ability to spend money on advancing your cause? But then if you're laser-focussed on $$$, how can you claim with a straight face that you are focussed on the company mission?
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Governance Challenges: Balancing Societal Outcomes Against Profit Incentives
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Also, governance is really, really hard. I've advised many big company boards over many years, and every board I've dealt with has taken their obligations seriously. Trying to maximize societal outcomes over $$$ outcomes is *really* hard to do in our capitalist system.
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OpenAI and Anthropic Staff Incentives Misaligned With Company Missions
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Both OpenAI (through "Profit Participation Units") and Anthropic offer compensation that's primarily based on profitability. Yet OpenAI is run by a non-profit and Anthropic is a PBC. This means that staff incentives are by definition not aligned with the companies' missions.
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Sam Altman Fired as OpenAI CEO – Potential Major Mistake
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Sam Altman fired as OpenAI CEO
This can be a big blunder.