| ▲ | daemonologist 19 hours ago | |
The idea is that they're too big to fail, or at least trying to become so - that if they go down, they'll take Nvidia, AMD, Microsoft, and Oracle down with them. (Maybe not literally, but at least in terms of share price, which of course is the only thing that really matters.) Obviously this is not a good reason to bail out a company, but I wouldn't be surprised... | ||
| ▲ | port11 10 hours ago | parent | next [-] | |
I struggle to see how these companies would be affected in the medium-term. The stock would dip for a few weeks? OAI has virtually no revenues when compared to their passive; good lord, every other of these companies has actual, profitable products, long-time customers, etc. I don't see why you'd bail out a company that a) isn't a very large employer, or b) essential to the economy, or c) essential to the country. OAI is neither of these, its users can switch model/provider/APIs with little friction. Yikes, if Altman keeps conning people the way Musk did/does, maybe these companies should tank so that we all learn to be more moderate in our investments. | ||
| ▲ | spaceman_2020 16 hours ago | parent | prev [-] | |
I think this is one reason why they're literally giving out free Pro (well, chatGPT GO) access for a whole year to users in India (I got mine just yesterday). They want to pump up usage numbers so much that they seem too big to fail | ||