AI Companies Are Setting Money on Fire | OpenAI's Pre-Bailout Bailout Plan
OpenAI is setting money on fire as it arranges the pieces for what we think is a pre-bailout 'bailout plan,' including passing co
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OpenAI is setting money on fire as it arranges the pieces for what we think is a pre-bailout 'bailout plan,' including passing costs on to American taxpayers. We talk through Ed Zitron's work on OpenAI's financials, our own compilation of OpenAI's shady history and moves, and the ChatGPT maker's greed. As part of this, we talk about NVIDIA and Jensen Huang's relationship with OpenAI and Sam Altman.
Find Ed Zitron here: https://www.youtube.com/watch?v=OVH7WZk065I
Find his report on OpenAI's finances here: https://www.wheresyoured.at/exclusive-openai-financials/
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TIMESTAMPS
00:00 - Intelligence is a Utility
00:40 - Setting Money on Fire
05:43 - Highlights of Insanity
08:19 - OpenAI's Financials
13:53 - History
16:00 - Going Public and an IPO
22:00 - Cracks in the Plan
25:25 - Where We Are Today
28:14 - OpenAI's Pre-Bailout Bailout Plan
30:41 - Conclusion
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Steve Burke: Host, Writing
Tim Phetdara: Editing
Ben Benson: Writing
