OpenAI CEO takes a personal shot @elonmusk > Probably his whole life is from a position of insecurity. > He’s not a happy person. > “I feel for the guy.” HOLY. FUCK.LMAO

MUSK-LED GROUP OFFERS $97.4B FOR CONTROL OF OPENAI, CALLS FOR RETURN TO ORIGINAL MISSION @elonmusk and a consortium of investors, including xAI, Valor Equity, and 8VC, have made a $97.4 billion bid to acquire control of OpenAI’s nonprofit arm, challenging Sam Altman’s plan to convert OpenAI into a for-profit entity. “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk stated. Musk's attorney, Marc Toberoff, emphasized the group’s commitment, stating they are "prepared to match or exceed any competing offer for control of OpenAI." Toberoff added, “If Sam Altman and the present OpenAI Inc. Board of Directors are intent on becoming a fully for-profit corporation, it is vital that the charity be fairly compensated for what its leadership is taking away from it: control over the most transformative technology of our time.” Source: WSJ

Lost

coming soon to a podcast app near you @TheoVon

Peter Thiel on the biggest lesson he learned in 10+ years of venture capital Thiel explains how his biggest miss as a VC (not doing Facebook’s full Series B) led to a key insight: “Once something works, people often underestimate it. And when things aren’t working, they underestimate how much trouble they’re in.” When he backtested Founders Fund’s portfolio, he found that every time a company had a big up-round led by a smart investor, it was always a good idea to do your pro rata. And it was almost always a bad idea in a down- or flat-round. In fact, the steeper the up-round, the cheaper it was. His biggest miss of the last decade was not doing the full Series B at Facebook. It was a 12x up-round in eight months. “It was the steepest up-round in that amount of time in any company we’ve been involved in. And in retrospect, that was perhaps also the cheapest… And I think one of the reasons it was so underpriced was that… even the people on the inside often underestimate how much things have changed… You have these subtle but very important points where somehow the leverage and dynamics shift very powerfully and they tend to get very underestimated.” Video source: @twistartups @jason (2015)

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I really like LLMs. They are not gonna replace programmers and it's actually super obvious to anybody who has done any deep serious software development over long period of time. But they scare away the kind of people who should've not been getting into it in the first place.

"humanities last exam is solved, wikipedia is over" i ask it to give me a CSV with the top 500 companies and their employee counts and then gives me a markdown table with N/A for every row, except for one, which has a value from 2013, and there are 80 rows