The stuff about their deal with Microsoft is crazy. MS gets 75% of the profit until they recoup $10B, and free access to any technology OpenAI has or will make until they achieve AGI. So anyone investing in OpenAI is basically only betting that they achieve AGI before they go bankrupt.
That also means Microsoft has little reason to buy OpenAI. Based on the deal, it seems MS is very skeptical of their chances at achieving AGI. It’s not a situation where Altman can bluff them into thinking they’re making progress, MS has access to see what’s really going on.
I think they’d just do a like indirect acquisition or whatever they call it when they hire all the engineers and buy the IP. Wait for OpenAI to burn too much cash, hire their best, and get all the rights to the IP then just laugh
Excellent article.
The stuff about their deal with Microsoft is crazy. MS gets 75% of the profit until they recoup $10B, and free access to any technology OpenAI has or will make until they achieve AGI. So anyone investing in OpenAI is basically only betting that they achieve AGI before they go bankrupt.
That also means Microsoft has little reason to buy OpenAI. Based on the deal, it seems MS is very skeptical of their chances at achieving AGI. It’s not a situation where Altman can bluff them into thinking they’re making progress, MS has access to see what’s really going on.
I think they’d just do a like indirect acquisition or whatever they call it when they hire all the engineers and buy the IP. Wait for OpenAI to burn too much cash, hire their best, and get all the rights to the IP then just laugh
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