But what would happen if no bailout came? I did not keep count of how many trillion USD they owe, but if we let OpenAI fail, what would be the consequences for ordinary people?

▲

CuriouslyC a day ago | parent | next [-]

Before, Microsoft would have absorbed most of OAI, and other than a speed bump in our AI progress, I think we'd have mostly been fine.

With a taxpayer stake in the company the odds that a corrupt administration will throw good money after bad due to corruption or stupidity goes way up.

▲

eiejee 2 days ago | parent | prev | next [-]

Nothing

If OAI blew up now a whole lotta of people who supplied money would be angry.

But those people are generally not the common person

But the pushback will be — ‘but china!’

	▲	khurs a day ago \| parent \| next [-]
		The people who supplied money are not retail investors. They are rich people who have power and influence and connections to politicians, media etc
	▲	amunozo a day ago \| parent \| prev [-]
		Sure because never ever in history losses of rich people and companies have been socialized and have been assumed by those "risk takers".

▲

torben-friis a day ago | parent | prev | next [-]

Isn't this mostly circular? Let pichai, nadella and friends hold the bag. We'll be fine.

▲

Mistletoe a day ago | parent | prev | next [-]

My Mom wouldn’t be able to make AI images of her dog Chico as a pirate anymore.

▲

3127901 a day ago | parent | prev [-]

[dead]