This guy doesn't care about money y'all...
He needs money to do big things and execute. He gets high on making big stuff happen.
So many Altman haters every way I turn. He turned down ownership in a now 90 billion dollar company... The guy is busted up from success and now that's all he digs. Money is for idiots.
Folks need to read the room. Once you hit a couple hundred mil net worth only a fool cares about stacking on more bills. That's just a side affect of tap dancing to work... Jobs was worth what? 2 billion?
Who think satya cares about money... Get real. He wants the most he can get so his foundation when he retires can make big changes and do Bill Gates stuff.
This place is just as bad as reddit sometimes. No offense to anyone in particular. Some of these youngsters need to comment less and read a few more ceo bio's... Or just go watch YouTube interviews from the finance guy... Whatshisname leveraged buyout wizard whitehair with a JD who sits on billions but realized he preferred to be a journalist sometimes before he kicks it.
You think the guy is gonna be a regular c suite exec?
They are going to be a special group with special rules. This is so they can build off the existing code base. Only msft has that openai ip.
If they go to Google or start their own thing it's rewrite or work off someone else's painting. Not to mention building out compute infrastructure.
Big loss of time. Go to msft, get special status, maybe even an exit clause with IP included. Easy win. Was always gonna be msft if not openai negotiated return. I just didn't realize that till satya threw them the offer that worked.
These guys didn't sign up to be cogs. Satya respects them.
He needs money to do big things and execute. He gets high on making big stuff happen."
So what you're saying is he cares about power.
Chief Executive Officer.
They execute. Objectives. Changing stuff. It's addictive. Ask me how I know.
(edit: big shot Wendy's night shift manager. When you roll up at 2am our ice-cream machine was never being cleaned, that'll be 89 cents please. Enjoy your ice-cream sir/ma'am.
You never go back. I changed the world for the better)
The exchange of services and goods in a market is positive-sum.
Gpt4 is included in bing man... Bing creative mode and balanced mode both.
This is widely known. The investment included access to openai technology for integration in msft services.
Its not a traditional arrangement. This is also widely known. Its a complicated investment with a profitability sunset triggering return of equity to the nonprofit. Also included is technology transfer as long as the sunset doesn't trigger.
This is why Ilya felt comfortable to do it. He did many interviews where he explained this.
"I am not into money or power man, I just want to be a good person and save the world man"
I just can't believe such simplistic, transparent, bullshit works so consistently as to become standard PR.
The original 2019 deal was described as:
> Microsoft and OpenAI will jointly build new Azure AI supercomputing technologies
> OpenAI will port its services to run on Microsoft Azure, which it will use to create new AI technologies and deliver on the promise of artificial general intelligence
> Microsoft will become OpenAI’s preferred partner for commercializing new AI technologies
The $10 billion deal was probably not making a ton of money for MSFT as it was 75% percent of profits, which are easy to get rid of, until they get 49% of the company.
Can you explain why MSFT would spend $10 B for either of these things if they just got OpenAI’s IP?
As long as you ignore externalities, yes.
I am. In fact the goals of any for-profit company is the profit. If a CEO doesn't align with that goal in mind, they get replaced. That's non-negotiable. A for-profit company without profit is a dead company.
If I have a solar panel factory, and I sell you a panel, so you can make green electricity - isn't that good for you, me AND the planet?
Its obvious that they have to redo less of the stack if the go to msft. At the very least, they already wrote everything to scale with azure.
With respect to IP... My comment was mostly suggesting they could enjoy privaledge to leave msft at some point in the future with IP with them.
How much of the source do they get to avoid rewriting on day 1 at msft? No idea. Could be all of it... But again... At least they already scaled into azure compute architecture and don't have to reinvent the wheel. That's not a small thing.
Not really debating it further. Seems really obvious to me that broadly speaking, for all kinds of reasons, probably access to source inckuded, they will be able to get up to speed substantially faster at msft vs anywhere else.
It's too speculative to be worse discussing in depth. We don't have enough details, but my broader assertion is more or less defensible imo. Others might disagree. Not worth a debate imo.
(edit: 'perpetual license to openai ip short of agi'
Not sure of the details. This is was I see being written.
https://stratechery.com/2023/openais-misalignment-and-micros...'
Its speculative. Others might disagree. I spoke to this in a comment above.
Your skepticsm seems reasonable to me, but I think my broader point is defensible, though I just don't really care to go further with it. Now I'm reading 85 percent of them have revolted lol.
Maybe we meet again in the other post.
(edit: 'perpetual license to openai ip short of agi'
Not sure of the details. This is was I see being written.
https://stratechery.com/2023/openais-misalignment-and-micros...'
In semantic terms I agree.
The negative connotation is the baggage I bring. I recind my implied critism. Pursuit of power is not necessarily a bad thing. Perhaps I need to think on this.
The broader point is that considering short term personal financial gain is beneath an exec at Satya's level.
He has a responsibility to do more than just maximize value though. Corporate values are a real thing and msft has pretty clearly integrated them in various ways for a long time.
They pledged to carbon capture all carbon going back to their founding... For example. What does that have to do with profit? Nada... Outside of making folkes feel less climate guilt when they buy a share. Now that... Very clever for profit.
> Even if you consider all externalities, trade is positive-sum.
even if the business pollutes the environment or contributes to climate change in an outlier way?
You're arguing a straw man. Which means your reading comprehension is bad or you're intentionally mudding the waters. Either way, I think we're good here.
and i'm not arguing anything. i'm asking a question. in which case, ironically, your reading comprehension missed that.