unironically sama is probably one of the most honest players here after all, he is burning money and if/when they have achieved AGI they will ask it in how to make money. its a different investor incentive story than trying to monetize into profitability right now that is indeed doomed to fail against china. Having no idea but a vision achieved is rrquired to be met to have those returns is actually the honest part here.
If Altman seriously believes his role is to create AGI then ask how to make the company profitable, he should get removed from his position of leadership asap. That’s crazy territory.
It’s a grift, “AGI will save us” is the same as Musk’s “Mars colony”, it’s not supposed to ever happen, it’s supposed to be a goal post they ever move further
He said the following in 2019, at a StrictlyVC event, “The honest answer is we have no idea, we have never made any revenue, we have no current plans to make revenue, we have no idea how we may one day generate revenue. We have made a soft promise to investors that once we've built this sort of generally intelligent system, basically we will ask it to figure out a way to generate an investment return for you.
It sounds like an episode of Silicon Valley it really does I get it, you can laugh, it's all right, but it is what I actually believe is going to happen”
Whether or not that’s his current view, who knows, but everyone who’s invested in OpenAI since should have known that this was at least part of his mental model.
