> What happens if we instead put our lender hat on? [...] Case 1 (90%): OpenAI goes bankrupt. Return: $0
Even for a very simple model, this seems unrealistic. Isn't the whole point of a loan that your liable to pay it back if you're in any way able to? (very roughly)
So the bank would have claim to some of OpenAI's existing assets even if they went bankrupt. The probability that they not only go bankrupt but also have no assets left at all would be much lower.
Even for a very simple model, this seems unrealistic. Isn't the whole point of a loan that your liable to pay it back if you're in any way able to? (very roughly)
So the bank would have claim to some of OpenAI's existing assets even if they went bankrupt. The probability that they not only go bankrupt but also have no assets left at all would be much lower.