Somehow people like him seem to survive just fine. Adam Neumann still has infinite money and Billy McFarland is still getting investors for various schemes.
Altman definitely has enough wealth of his own to survive no matter what. But if you look at how he operates, it is pretty clear that what he really wants is power, and he is usually extremely good at getting it. But OpenAI is rapidly losing their leadership in the space, and it turns out that their product has no moat. Meanwhile, new Chinese open source SOTA models just keep coming on an almost daily basis.
I guess survive is the wrong word. Sonce thats not what hes trying to do. Its more like he wants to figure how not to lose his dragons horde of gold, and even grow it in the pop
Yep; it will just screw the employees, the investors (or at least those that didn't suddenly get clairvoyant and find an exit right before it hits the fan), and many, many apps relying on their APIs.
The correction is good in the long run. It will settle to sane understanding of AI's capabilities, competent applications, and the unsuing AI winter will be when real research is done rather than "we fed its garbage back into itself hoping something else came out"
It will ruin some lives. I hate that the american economy runs on these speculative cycles. If we tempered our expectations to what was sane, but still bullish, we'd have far less to fall
