Built on unearned hype.

    • sunzu2@thebrainbin.org
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      3 months ago

      The valuation is based on the last buy in… I am guessing they had somebody buy in recently. Otherwise this is just straight up fake news.

    • WoodScientist@lemmy.world
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      3 months ago

      I say we indict Sam Altman for both securities fraud and 8 billion counts of reckless endangerment. Him and other AI boosters are running around shouting that AGI is just around the corner, OpenAI is creating it, and that there is a very good chance we won’t be able to control it and that it will kill us all. Well, the way I see it, there are only two possibilities:

      1. He’s right. In which case, OpenAI is literally endangering all of humanity by its very operation. In that case, the logical thing to do would be for the rest of us to arrest everyone at OpenAI, shove them in deep hole and never let them see the light of day again, and burn all their research and work to ashes. When someone says, “superintelligent AI cannot be stopped!” I say, “you sure about that? Because it’s humans that are making it. And humans aren’t bullet-proof.”

      2. He’s lying. This is much more likely. In that case, he is guilty of fraud. He’s falsely making claims his company has no ability to achieve, and he is taking in billions in investor money based on these lies.

      He’s either a conman, or a man so dangerous he should literally be thrown in the darkest hole we can find for the rest of his life.

      And no, I REALLY don’t buy the argument that if the tech allows it, that superintelligent AI is just some inevitable thing we can’t choose to stop. The proposed methods to create it all rely on giant data centers that consume gigawatts of energy to run. You’re not hiding that kind of infrastructure. If it turns out superintelligence really is possible, we pass a global treaty to ban it, and simply shoot anyone that attempts to create it. I’m sorry, but if you legitimately are threatening the survival of the entire species, I have zero qualms about putting you in the ground. We don’t let people build nuclear reactors in their basement. And if this tech really is that capable and that dangerous, it should be regulated as strongly as nuclear weapons. If OpenAI really is trying to build a super-AGI, they should be treated no differently than a terrorist group attempting to build their own nuclear weapon.

      But anyway, I say we just indict him on both charges. Charge Sam Altman with both securities fraud and 8 billion counts of reckless endangerment. Let the courts figure out which one he is guilty of, because it’s definitely one or the other.