So here we are. At a time when every 2nd software startup’s core value is owed to and owned by OpenAI.
Sam isn’t going back and 70% of the employees at OpenAI including the dude who orchestrated the whole thing is planning to quit. The CEO of MS has basically given them all an open invitation to come right on over. The coffee’s fresh and there’s apple pie in the oven.
We always talked about how odd it was for YC was to consider, interview, and even invite these wrapper startups to their accelerator. Despite this, we knew that it was likely a safe enough bet to march on. Somehow, someway, this got all fucked up. Founders of these companies should be experiencing an existential crisis right abouuuuuut . . . now.
Something tells me that demo day is going to be a little less exciting when the core of pretty much every product is known to be backed by pissed off investors, incompetent board members, and employees who are all hours or days away from quitting (if they haven’t already).
I’ve never seen such an up and coming company torn to shreds over the course of a weekend. It’d be impressive it wasn’t so idiotic.
For those who wish to see the silver lining, realize this. For something like this to happen is further proof that none of us have any clue what we’re doing. That includes leadership of one of the most important companies to have ever existed. If there was ever a time for you to doubt yourself a little less, it’s today. You’ll never manage yourself as poorly as the Board of OpenAI.
Thanks and have a great evening!
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For something like this to happen is further proof that none of us have any clue what we’re doing. That includes leadership of one of the most important companies to have ever existed.
I don’t know, seems to me the leadership team (who all sided with Sam) knows exactly what they are doing. It’s their board that’s out of touch.
But, if you’re building something more than a wrapper, don’t put all your eggs in one basket, evaluate alternatives.
It was a hostile takeover of the CEO position Those who apologized are the ones responsible
Ilya and Mina
Mina didn’t want to leave the CEO interim position
It
Was
Fucking
Greed
I agree with you that it was basically this. Funny thing is, I saw this first hand at a small startup of 30 people with only a couple million in funding where the CFO was trying to get the CEO ousted and take over as the new CEO. In that case, it didn’t work and the CFO along with accomplices was shown the door. Never thought a $90 billion company would experience the same problem.
How did the attempted coup d’etat happen?
The perpetrators were trying to get enough votes to oust the CEO. Same as what happened with OAI. It’s just that one of the key people leaked it to the CEO they were trying to oust and the whole thing fell through.
The perpetrators were trying to get enough votes to oust the CEO. Same as what happened with OAI. It’s just that one of the key people leaked it to the CEO they were trying to oust and the whole thing fell through.
I beg to differ. The startups that use GPT 4 API for their software can readily switch to PALM 2, Claude 2 or the other competitive Language models.
The startups add a lot of proprietary code to create value out of base language model. They also learn many things about the user behaviour. These things don’t change even if OpenAI shuts down completely.
Furthermore, GPT 4 is going nowhere - before everyone leaves OpenAI, it will surely be merged with Msft in the worst case scenario. So there’s that.
Also, even if GPT 4 gets shut down, Msft has such clauses in their contract that they can get the weights and run it on Azure.
So all in all, there is no concern for such startups.
Yep, openAI isn’t years ahead.
If they go south, by the time the decide to shutdown, Google, Microsoft or Facebook will already be ahead by quite a margin.
Opensource isn’t also years behing either, as soon as OpenAI stops moving they’ll lose all of their first movers advantage.
It’s not like they can take GPT 4 with them, but if you have the staff that understands the model and training process, you’re really not that far away (if you have the money to pay for training, like MSFT easily has).
Not only that, I’m willing to bet MS already has an inhouse unreleased LLM already developed in some quantitative capacity.
I highly doubt they’re serving Apple pie at Microsoft.
We use some openAI in our product because it was easier to implement, I could switch tomorrow to a competitor.
We aren’t needing top notch generative AI, we need something closer to GPT3.0, ChatGPT 3.5 is already a big shot. chatGPT4.0 isn’t needed.
GPT4 is way too powerful to have any use in a structured product where much weaker models, finetuned or specialized models would do the job just fine if not better.
Don’t get me wrong, I use chatGPT4 daily to help me coding
Loved this.
If a company that is just an OpenAI API wrapper calls themselves a startup - I don’t even feel sorry for them.
Now’s the time to get reeeeeaaaaalllly comfy with Azure. Azure Ai backend supported SaaS will be all the rage in 6 months.
The drama has been intense and it’s gonna take some time for everything to be revealed and for us to see who has what chips left…
this is classic reddit… read supercificial news article and form an opinion. you don’t know what actually went on in the company do you?
i bet most of their employees don’t even know
The existing code is already there, it won’t go anywhere.
The servers and the pricing however… Silicon Valley and Wall Street are known to pair up to allow companies to lose money a couple of years in the interest of gaining market share. Who knows how much chatGPT actually costs, how much the free version will be castrated and how much the paid version prices will hike.
So say someone didn’t know what this was about… ha what a loser right? But if there was this person… what would you tell them to explain what happened today? I didn’t hear about it. I mean… this person.
So say someone didn’t know what this was about… ha what a loser right? But if there was this person… what would you tell them to explain what happened today? I didn’t hear about it. I mean… this person.
Aaaaaaannd Sam’s back at Open AI…
Love this