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"Based on estimates of their burn rate and historic analyses, I hypothesize that OpenAI will collapse in the next 12-24 months unless it raises more funding than in the history of the valley and creates an entirely new form of AI." - Ed Zitron (Jul 29, 2024)

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I'm not Zitron pilled, but hasn't OpenAI raised more funding than in the history of the valley?

Yes, but clearly that's not what Zitron was implying. The rest of his thread's commentary makes that clearer. He's saying:

OpenAI is going to implode soon. They would have to raise an unfathomable amount of money, it's literally never been done and is so much it won't happen. That's why they're going to collapse.

He could have predicted that OpenAI would raise an unprecedented amount of money and are not going to collapse. He clearly believed differently.

Yes, he was right. Like always, the market can overwhelm you with its irrationality.

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