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oh yeah man thanks for alerting us to this problem you definitely had no part in you're definitely not just a sociopath who says what people want to hear and takes no personal responsibility for anything

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90% of Sam Altman's interviews include at least one moment where he pretends to be on the opposite side of a major issue he directly caused via his own greed and misrepresentation

It's a cultural expectation in the valley. It's seen as 'smart'. He, and others, do this for plausible deniability or to try and discourage others from trying to profit from the exact same externality they are trying to exploit. See also: lifting the ladders into the lifeboats.

Their burn rate still far surpasses their revenue and the projected ad revenue is a drop in the bucket compared to their subscription revenue. Of all the big players, their situation looks the most precarious.

This is so rich coming from the guy who single handedly created a manufacturing imbalance by writing trillion dollar IOUs to Korean manufacturers for several years

Is this his attempt at covering his behind when his awful money pit scheme and its many competitor copies end up causing a global financial crash? Cause I don't think accusations of "silliness" is gonna cut it.

He has done this from the start. He routinely makes bad choices and then pretends he is somehow on the side of sense, caution, and reason. Some variant pops up in every interview.

Ah, when you're just smart enough to know you're ruining everything, but not smart enough to be able to fix it, just blame everyone else while continuing. Cool. Great. We live in a society 🫠

The local datacenter builder pulled their cranes out before starting building 4 of its flagship campus. Their last sublease contract didn't appear to be enough to cover expenses. They are overwhelmingly exposed to OpenAI via Coreweave.

I sometimes wonder how *anyone* could be bamboozled by this rizzless gelatinoid; this utter sinkhole of a personality; this lightless void where baseline human charisma should be. Then I remember Wall Street is mainly populated with some of the dumbest and greediest people ever to plague the Earth.

I mean look at the president that this culture couldn't suss out and avoid THAT bloviating loser speaks volumes

I think we might be seeing a repeat of what happen in 1990s and early 2000s, when telecommunications companies spent billions laying excessive amounts of optical fiber that vastly exceeded immediate demand. The oversupply led to bankruptcies, accounting scandals, and many telecoms crashing.

I think so too. And then eventually much of that capacity being used much later on, but in far less performative ways