(1) A capable independent developer is joining a large powerful corporation. I like it better when there are many small players in the scene rather than large players consolidating power.
(2) This seems like the celebration of Generative AI technology, which is often irresponsible and threatens many trust based social systems.
At least when it comes to these tales of super fast rise to wealth and prominence. Meticulous engineering still matters when you want to deliver scale, but is it rewarded as much?
My feel is that the attention economy is leaking into software. Maybe the classic bimodal distribution of software careers will become increasingly more like the distribution in social-media things like streaming, youtube, onlyfans etc.
A couple of months ago, Gemini 3 came out and it was "over" for the other LLM providers, "Google did it again!", said many, but after a couple of weeks, it was all "Claude code is the end of the software engineer".
It could be (and in large part, is) an exciting--and unprecedented in its speed--technological development, but it is also all so tiresome.
I am not confident that the open source version will get the maintenance it deserves though, now the founder has already exited. There is no incentive for OpenAI to keep the open sourced version better than their future closed source alternative.
But come on, negativity around a rugpull is jealousy? Are you so jaded you can't imagine people objecting to the total lack of morality required to do a crypto rugpull? I personally get annoyed about something like Trump Coin because seeing people rewarded for being dirt bags offends my sense of justice. If you need a more pragmatic reason, rewarding dirtbaggery leads to a less safe society.