Why is that?
Maybe it is likely that the AI bubble has reached its final stage and is close to popping and those with unjustified valuations will get obliterated when it crashes.
Why is that?
Maybe it is likely that the AI bubble has reached its final stage and is close to popping and those with unjustified valuations will get obliterated when it crashes.
“How can a company with $13 billion in revenues make $1.4 trillion of spend commitments?” Gerstner asked him. “You’ve heard the criticism, Sam.”
“If you want to sell your shares, I’ll find you a buyer,” a taken-aback Altman replied curtly. “Enough.”
Surprised by the confrontation, Gerstner let out a laugh in response.
https://futurism.com/artificial-intelligence/sam-altman-lose...
Uh huh. So, why is OpenAI seeking federal backing, if Altman is that confident that he can find buyers? (Which I am vehemently against. I do not want the US taxpayer to be the bagholder of last resort.)