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Calculator manufacturers really kicking themselves for not thinking of this first.

Where do I invest?

It will be a subscription model and has never been intended as any other sort

Oh for fuck’s sake I literally just did this same stupid waving the hands around like I can stop reality, earlier, about how totally unprepared I am to move cross country in two weeks, it didn’t do shit but it calmed my mental health briefly.

Investors love to find out that, not only is there a cloud over title/enforceability of their PortCos' IP, but also there's functionally a permanent royalty obligation on anything their PortCos monetize

CFO does marketing?

The fun part is that literally every drug company will look at that idea and say "nope" and not use the AI. Like imagine if DeWalt said "hey here's a circular saw, only thing is you have to give us 5% of the invoice for every job you use it on." They would be bankrupt by the end of the year.

As a startup/midrange tech business lawyer, my favorite clients are those that have no business model but have spent all of their investors' money building their solution. This tells me volumes about the founders and the investors, but mostly about the investors, who are obviously as dumb as rocks.

They really expected to be able to have copyright on their outputs somehow, huh?

venture capital is just like meth in that no sentence you ever speak will be understandable by another human being. the difference is your tweaker clothes are black turtlenecks and little kpop microphones

Makes it seem like they have to be keeping histories to make claims on licensing money

Just taking a moonshot, man!

I’m an Ed fan!

Let’s get this clear for me - they rely on the IP of others which Open AI accesses almost entirely without payment but want to share in the revenue of IP paying customers develop? Ok, so now we know for sure they really have nothing.

That’s batshit insane. Like, imagine Autodesk saying to customers “we want a portion of any profits you make using AutoCAD”. They’d be laughed out of the business. OpenAI is delusional.

So AI believes in profit sharing when someone elses ideas are used. Interesting.

The “Mr. Wonderful” business model from Shark Tank.

Every single "business" announcement they make sounds like something me and my friends would have thought amazing when we were 14 Richard Pryors rounding of pennies in Superman 3 was a more resilient strategy

To be fair, she didn't say the LLM had to help you with the discovery. For all they care, you use it to write your emails, but as soon as you make a discovery they want a piece of that pie. 😄

[throwing a handful of stolen dice into a corner over and over] my trillion dollar invention will cure cancer one day

Yeah no LLM can do such a thing. A small machine learning model customized strictly around modelling molecules/peptide could be so used & are being used at a fraction of the cost of operating a LLM. Smaller single purpose built models are where real money in AI be for the foreseeable future.

This should make companies shy away from anything coming from OpenAI. Fantasies of grabbing a piece of whatever your company makes just because an employee used ChatGPT should be a huge red flag. I think there is a real fantasy of injecting themselves everywhere, infecting everything like a virus.

We need to put bylines front and center so the authors can more easily face the consequences of their lies.

they have no good [ai] ideas

It's techno-feudalism: they own the tech or platform and they suck their users and customers dry to enrich themselves because they can.

Lol, ChatGPT becomes a lot less useful if they try to claim ownership of outputs. Especially because AI outputs don't usually have IP protection.

We want to use the IP laws we have willfully ignored in order to train our models. Bunch of scalliwags.

Reminds me of a previous CEO my company had. Obsessed with Amazon. Particularly and specifically jealous that they had, in his mind, "no brick and mortar" Trying to get rid of our "brick and mortar" was his white whale. We make trucks. We MANUFACTURE COMMERCIAL VEHICLES. Business brain. Yikes.

Well, stealing people’s information and selling it back at a profit has been a time-honored practice in the dot-com world for two decades.

Big Notebook demands 10% of revenue from ideas written down.

Literally anything ChatGPT would be doing is only possible because of the harvested work they stole and didn't compensate anyone for, so frankly I think it should be legal to shoot someone into the sun for being this arrogant but also completely oblivious to their hypocrisy.

So... a pyramid scheme?

I only write in blood. 😎 (Not my own, mind you.)

That's not a business model. It's a pyramid scheme.

I've seen commercials that this is the best time to be a problem-solver, so everyone needs to call dibs on a problem asap (and of course be willing to cut AI in on the profits) before all the problems are solved.

Let's say in tool manufacturing, you use our hammer to build a house, then we get a portion of the rent

You used our hammer to build a house, you'll pay us when you sell it!

So it’s cloud feudalism they are trying to do.

Companies looking to make agreements with OpenAI for tools are going to have some very angry lawyers yelling at the c suite about this person's statements very soon

But they still want to train their models on everyone else's work for free, right?

That business model sounds scarily like the monsanto situation farmers were struggling with a while ago.

lmao "licensing models" is what CMS companies used to do when it was throw-spaghetti-at-the-wall time

This. I’d expect to see EVERYONE paid out for all the data they scraped to produce the models. Which is lowly everyone on the planet who has published to the public internet. Not sure if they want those lawsuits.

Not trying to legitimize this idea, but there is a precedent for companies with very expensive products allowing start ups to use those products for almost nothing against a percentage of that startup’s future value. OpenAI’s problem is that they would likely still lose on those bets.

Are you telling me that their businesses plan involves licensing the slop they produce from the licensed material they have stolen?

More money. Bah.

Every time you get your pills at the pharmacy, they'll be an extra charge for the AI.

Surely Pyramid Scheme Economics will save them, right???

Still waiting for AI to cure anything

What if AI were actually good at doing stuff, part 484721193

having done academic research related to drug discovery.....have they ever talked to a computational biologist?? or anyone knowledgable about the (extremely lengthy and resource-intensive) process of bringing a drug to market??? the hubris here to use this specific example makes me so mad.

Look they aren't responsible for that kid's death but they DO get a cut of the book rights.

With that logic, Clippy should be named as an inventor for every time he popped up to say “it looks like you’re trying to draft a letter” in a patent document.

Which, btw, is also fairly grifty in nature. There's a BtB two parter about it.

Nah the business model of Oracle. Push out an absolutely toxic license then hire an army of lawyers to go after any company with a random dudebro using chatgpt to bullshit.

Heads on Spikes will be the 2028 frontrunner, mark these words.

Pretty sure the OpenAI execs all think their thing "makes ideas."

Isn’t this woman paid like a lot of money to come up with revenue streams? Like isn’t this her whole job figuring out how to handle money and this is the best she can do? I don’t even have a masters degree and I could handle money better than this.Fucking put me in the company coach.

Exactly. This is the precedent set with modern IP contract clauses. Say I work for a company and, in my off time, fiddle with things that might have an application somewhat relevant to what the company does. If I make it big, the company takes partial or full ownership of what I developed.

I say they charge a commission…and a salary…and benefits.

I thought they were going to lead the rush to AGI... ?

I mean, hasn’t that been OenAI’s business model and raison d’etre from day one?

People already assert ownership over their ‘very special prompts’ as if those are somehow IP - the chances someone makes a discovery, LLM aided, then goes ‘yeah it was ChatGPT really’ are zero.

Well yeah that's how modern tech bro "businesses" "work".

Wikipedia, supported by small donors who aren’t there to subsidise content now crawled by AI & Elon. Challenges ahead. Jimmy Wales on #podcast @mediaconfidential.bsky.social

OpenAI requests a 15% cut of each death to a rent seeker.

'Making shit up as words leave their mouths' is at least consistent to their own business and product.

the rent-seeking industry wants to tell you about their big new idea (it's more rent-seeking)

death to immoral rent seekers

And then we simply agree what profits are downstream of LLM output

Ignoring the complete lack of understanding she has of drug timelines etc, their own terms of service says that the user "owns" the output of the model! Are they going to completely reverse that aspect of their business? (I'd love to see them try and see their userbase evaporate)

I guess we have no other choice but place our entire economy as a wager for the hope that OpenAI makes like 30-50 people extremely rich.

“Well you see, someone on your companies paid ChatGPT plan used our service to brainstorm drug names and our records indicate ‘Veridone’ was one of them and so we’ll take our cut now, thank you very much!”

Assume they can somehow do this. They don’t survive the timeline to get a drug to market as is.

LLM business model is becoming MLM?

Oh like Bethesda did with mods for Skyrim and fallout at one point.

Shut up! You'll give them ideas! None of which will trickle down to ordinary people because that's not how this works for us.

So let’s say our product does something different than what it does. And once it does that thing, companies will not only pay us for it, they will pay us with % of future revenue from their products.

"we can't make enough money just violating everyone else's IP rights. we need to assert IP rights of our own on the stuff everyone else makes."

"make more money"... they're not making money now... lol

me waiting that AI will finally become more expensive than hiring me (again)

this sounds like a quick fire way for everyone to make sure their employees don't use it

It’s just this gag from the Simpsons, over and over again. youtu.be/7uQNPS9v_VU?...

So Trumpy

Even if they implemented some version of this idea - say, updating their ToS to require people to pay royalties for any "breakthroughs" enabled by ChatGPT - it would just chase off businesses who aren't interested in paying royalties in perpetuity to the Plagiarism Machine.

Why would they stick the CFO of a company that makes no money out there with a microphone? What are we doing here?

This is so unfair. They are going to revolutionise air travel bsky.app/profile/symb...

so they want to invest in drug companies now?

In spite of brainfarts like this, I feel they’ve completely lost momentum. Which really is an achievement in itself.

Please go under, please .

Ok, but what if another ai just copied that licensed model while scrapping all of the internet?

Top computer scientists have literally been saying this for years. “Ai” ie LLMs do not think. They are mechanisms for repeating shit in a database.

I am in no way defending Open AI when I say they are directly partnered with Eli Lilly, Sanofi to discover new drugs. But the path to significant profit is at least 5-7 years, and that assumes an early exit on a promising drug -- which Eli Lilly wouldn't sell off in the manner of an emerging pharma.

They're getting more and more desperate as they run out of investor cash to sacrifice to the slop machine, and it's now obvious to all but the most brain dead that the square peg isn't going into the round hole no matter how hard they push. [pops popcorn]

We kept being told AI had no copyright concerns, because the person putting in the prompt was responsible. Now I guess they were lying

I will say, any business that finds themselves obligated to give OpenAI shares for a product because they used it for data entry knowing this could happen...

Wouldn't it be great if you never had to pay workers, And you were more productive? For Just 19.95 million a year, Our Mechanical Turk, will work as hard as a man in a cabinet pretending to be a Turk! Call Now and we'll throw in FREE self driving, That's FREE!

I am curious to how all of this will eventually ripple through private equity and credit if they never make it to going public

Funniest possible outcome: openai tries to sue an ai bookslop seller for not paying royalty fees

Some updated version of “no one is illegal on stolen land” seems to apply here - no algorithm generates IP using stolen data?

How about every IP you trained your model on also gets a cut?

Soooo...they take a share of other companies' products created using AI then....of course pay it forward to all the people who created the training set that made it all possible. Right? Right?

We’re at the stage where the Neato Thing is now going to drive all business everywhere, and investors start creating their entire business in the Neato Thing’s image once it makes shmilliions of money… Even AI users know this is one of the reliable indicators that a Bubble is about to pop.

If my billion monkeys with type writers solve faster than lightspeed travel....

Intellectual Property... that's what they want to license, after STEALING intellectual property from everyone else. Assholes

Didn’t Unity try this?

The first problem is the assumption that the AI could create something of value.

We have stolen all the world's knowledge, badly sorted it, and will rent it back to you!

oh man this reminds me I've forgotten to transfer a portion of my salary to my third grade teacher for teaching me math

She has the concept of a plan.

Has she considered doing *less* drugs? Or at least some different ones? Whatever she's on, it's not doing her any favors.

What if, when someone had a good idea for a business, we got to say it was our idea? They’re basically inventing the idea of taxation, which CEOs famously hate

Lmao the plagiarism machine’s inventors have discovered a new way to make money: stealing yours

Please don’t give them ideas. This is probably the end goal of rentier Capitalism.