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So Altman and Amodei should retire?

qnpnpmqppnp 15d ago
Altman and Amodei do not make a living out of that. They make a living out of being CEOs of OpenAI and Anthropic. Whether they are doing well in this position is a different question, but that has little to do with their public predictions.
- aoshifo 15d ago
  What? The only reason their companies make so much money is BECAUSE they make their predictions about AI replacing every job soon. A couple months ago it seemed is was their ONLY job.
  - skinfaxi 15d ago
    The only reason Anthropic and OpenAI make money is by saying AI will replace workers? Not from selling access to their models?
    - snowwrestler 15d ago
      Neither company is remotely close to making a profit yet. To the extent people at those companies make money, it is unrealized capital appreciation driven by successively higher valuations during successive funding rounds. In short, financially they are still running on hype. Quite a lot of operations are being paid out of capital, not revenues. So they have to keep selling a dream to keep raising capital. Next stop: IPO.
    - aoshifo 14d ago
      How do you think they convince people, esp. CEOs to buy access to their models?
- queenkjuul 15d ago
  Nah they do, Sam does nothing but lie in an effort to keep up share price. Selling people an impossible future is the job of OpenAI CEO. If tokens were profitable it'd be selling tokens, but they aren't so the only other option is selling ridiculous predictions to investors
jen729w 15d ago
I was thinking about this as I walked earlier. People who "make predictions" are like psychics. Unless those predications are uncannily good – in which case we call that person an analyst – we can assume that the person is either wilfully lying, or that they're stupid. Ed's predictions have so far failed to come true. I don't think he's stupid (but I might be wrong). That leaves me feeling like he's the psychic who knows exactly what they're doing. They're telling a gullible audience a story they want to hear because it's a nice way to earn a living. Comparing him to the CEOs of companies who produce incredibly useful products used by millions is facile nonsense.
- queenkjuul 15d ago
  > they're telling a gullible audience a story they want to hear because it's a nice way to earn a living. Sure sounds a bit like Altman though ultimately, the audience being VCs
  - jen729w 14d ago
    The difference being that the story he's telling is "you'll make money" and he's usually right.
    - aoshifo 14d ago
      Citation needed
    - queenkjuul 11d ago
      Ah that's why they're losing billions of dollars a month...

Altman and Amodei do not make a living out of that. They make a living out of being CEOs of OpenAI and Anthropic. Whether they are doing well in this position is a different question, but that has little to do with their public predictions.

aoshifo 15d ago
What? The only reason their companies make so much money is BECAUSE they make their predictions about AI replacing every job soon. A couple months ago it seemed is was their ONLY job.
- skinfaxi 15d ago
  The only reason Anthropic and OpenAI make money is by saying AI will replace workers? Not from selling access to their models?
  - snowwrestler 15d ago
    Neither company is remotely close to making a profit yet. To the extent people at those companies make money, it is unrealized capital appreciation driven by successively higher valuations during successive funding rounds. In short, financially they are still running on hype. Quite a lot of operations are being paid out of capital, not revenues. So they have to keep selling a dream to keep raising capital. Next stop: IPO.
  - aoshifo 14d ago
    How do you think they convince people, esp. CEOs to buy access to their models?
queenkjuul 15d ago
Nah they do, Sam does nothing but lie in an effort to keep up share price. Selling people an impossible future is the job of OpenAI CEO. If tokens were profitable it'd be selling tokens, but they aren't so the only other option is selling ridiculous predictions to investors

jen729w 15d ago

I was thinking about this as I walked earlier. People who "make predictions" are like psychics. Unless those predications are uncannily good – in which case we call that person an analyst – we can assume that the person is either wilfully lying, or that they're stupid. Ed's predictions have so far failed to come true. I don't think he's stupid (but I might be wrong). That leaves me feeling like he's the psychic who knows exactly what they're doing. They're telling a gullible audience a story they want to hear because it's a nice way to earn a living. Comparing him to the CEOs of companies who produce incredibly useful products used by millions is facile nonsense.

queenkjuul 15d ago
> they're telling a gullible audience a story they want to hear because it's a nice way to earn a living. Sure sounds a bit like Altman though ultimately, the audience being VCs
- jen729w 14d ago
  The difference being that the story he's telling is "you'll make money" and he's usually right.
  - aoshifo 14d ago
    Citation needed
  - queenkjuul 11d ago
    Ah that's why they're losing billions of dollars a month...