this post was submitted on 18 Nov 2023
252 points (94.1% liked)
Technology
72829 readers
2613 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm sure he's failing to find further funding in the current interest rate market and their business model frankly has no profitability end in sight. Running all those computing resources for free is a road to ruin.
It actually seems to be the opposite - Altman focussing on commercialization, whereas the board wants to continue the non-commercial focus.
I really hope this is the case.
Oh wow, I assumed the main source of problems for this business was because creating models based on sampling the works of others was ethically dubious leading to lawsuits and bans in several countries. But no. It's their CEO's business model not aligning with the board.
Not to mention be sued by everyone whose copyrighted work was used.
That was my guess. I can imagine a situation where he was deliberately understating or obfuscating how vulnerable they were in that regard, or else simply overconfident they were legally in the clear.