OpenAI does not waste time.

On Friday I covered their announcement that they had ‘completed their recapitalization’ by converting into a PBC, including the potentially largest theft in human history.

Then this week their CFO Sarah Friar went ahead and called for a Federal ‘backstop’ on their financing, also known as privatizing gains and socializing losses, also known as the worst form of socialism, also known as regulatory capture. She tried to walk it back and claim it was taken out of context, but we’ve seen the clip.

We also got Ilya's testimony regarding The Battle of the Board, confirming that this was centrally a personality conflict and about Altman's dishonesty and style of management, at least as seen by Ilya Sutskever and Mira Murati. Attempts to pin the events on ‘AI safety’ or EA were almost entirely scapegoating.

Also it turns out they lost over $10 billion last quarter, and have plans to lose over $100 billion more. That's actually highly sustainable in context, whereas Anthropic only plans to lose $6 billion before turning a profit and I don’t understand why they wouldn’t want to lose a lot more.

Both have the goal [...]

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Outline:

(01:45) Language Models Offer Mundane Utility

(02:12) Language Models Don't Offer Mundane Utility

(03:47) Huh, Upgrades

(04:48) On Your Marks

(12:48) Deepfaketown and Botpocalypse Soon

(15:42) Fun With Media Generation

(16:01) They Took Our Jobs

(16:28) A Young Lady's Illustrated Primer

(17:51) Get Involved

(18:43) Introducing

(19:14) In Other AI News

(20:08) Apple Finds Some Intelligence

(22:54) Give Me the Money

(30:00) Show Me the Money

(35:57) Bubble, Bubble, Toil and Trouble

(39:14) They're Not Confessing, They're Bragging

(39:34) Quiet Speculations

(47:08) The Quest for Sane Regulations

(50:55) Chip City

(52:53) The Week in Audio

(58:19) Rhetorical Innovation

(01:07:13) Aligning a Smarter Than Human Intelligence is Difficult

(01:08:11) Everyone Is Confused About Consciousness

(01:10:34) The Potentially Largest Theft In Human History

(01:12:34) People Are Worried About Dying Before AGI

(01:15:54) People Are Worried About AI Killing Everyone

(01:20:47) Other People Are Not As Worried About AI Killing Everyone

(01:24:11) Messages From Janusworld

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Narrated by TYPE III AUDIO.

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