Winter is Coming for OpenAI

Brace yourselves, winter is coming for OpenAI - atleast, that's what we think. In this episode we look at OpenAI's recent massive funding round and ask "why would anyone want to fund a company that is set to lose net 5 billion USD for 2024?" We scrape through a whole lot of muck to find the meaningful signals in all this news, and there is a lot of it, so get ready!

00:00:00 ❙ Intro
00:00:28 ❙ Hot off the press
00:02:43 ❙ Why listen?
00:06:07 ❙ Why might VCs invest?
00:15:52 ❙ What are people saying
00:23:10 ❙ How *is* OpenAI making money?
00:28:18 ❙ Is AI hype dying?
00:41:08 ❙ Why might big companies invest?
00:48:47 ❙ Concrete impacts of AI
00:52:37 ❙ Outcome 1: OpenAI as a commodity
01:04:02 ❙ Outcome 2: AGI
01:04:42 ❙ Outcome 3: best plausible case
01:07:53 ❙ Outcome 1*: many ways to bust
01:10:51 ❙ Outcome 4+: shock factor
01:12:51 ❙ What's the muck
01:21:17 ❙ Extended outro