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October 22, 2024 82 mins

Brace yourselves, winter is coming for OpenAI - atleast, that's what we think. In this episode we look at OpenAI's recent massive funding round and ask "why would anyone want to fund a company that is set to lose net 5 billion USD for 2024?" We scrape through a whole lot of muck to find the meaningful signals in all this news, and there is a lot of it, so get ready!


  • (00:00) - Intro
  • (00:28) - Hot off the press
  • (02:43) - Why listen?
  • (06:07) - Why might VCs invest?
  • (15:52) - What are people saying
  • (23:10) - How *is* OpenAI making money?
  • (28:18) - Is AI hype dying?
  • (41:08) - Why might big companies invest?
  • (48:47) - Concrete impacts of AI
  • (52:37) - Outcome 1: OpenAI as a commodity
  • (01:04:02) - Outcome 2: AGI
  • (01:04:42) - Outcome 3: best plausible case
  • (01:07:53) - Outcome 1*: many ways to bust
  • (01:10:51) - Outcome 4+: shock factor
  • (01:12:51) - What's the muck
  • (01:21:17) - Extended outro

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