OpenAI CEO Sam Altman said in a podcast interview that "it's quite terrible" for people to have RAM in their own PCs when it could go into AI data centers.
To be clear I’m not demonizing us for talking about it, but that’s his tactic. He says something that keeps him in the news cycle, that keeps him in the minds of investors, which keeps his valuation up, and that’s the money. If he became irrelevant in the news that would mean his valuation was going down, and he’d be losing money - so yes I think him stirring the pot is to keep OpenAI relevant and talked about.
that keeps him in the minds of investors, which keeps his valuation up, and that’s the money.
In the “minds” of investors.
How many of those investors are automated systems at this point? They may literally only be registering that his name was in the news and not even be capable of considering why. But more mentions feeds into the algorithm moving a few more decimal points toward ‘buy’, regardless of context.
The more we talk about AI the more he stays relevant, the longer he can prop up his stock price.
No it’s the money that keeps them relevant, not us talking about it.
You would be shocked at how many people just buy stocks because they heard about Thing.
Also the stock market is completely made up.
To be clear I’m not demonizing us for talking about it, but that’s his tactic. He says something that keeps him in the news cycle, that keeps him in the minds of investors, which keeps his valuation up, and that’s the money. If he became irrelevant in the news that would mean his valuation was going down, and he’d be losing money - so yes I think him stirring the pot is to keep OpenAI relevant and talked about.
In the “minds” of investors.
How many of those investors are automated systems at this point? They may literally only be registering that his name was in the news and not even be capable of considering why. But more mentions feeds into the algorithm moving a few more decimal points toward ‘buy’, regardless of context.