logoalt Hacker News

venturecrueltyyesterday at 10:28 PM0 repliesview on HN

OpenAI equity is worthless now. It's a company that absolutely cannot turn a profit, not with how much they're spending. And with a CEO that regularly lies about... everything (I'm sorry, you can't just spin up hundreds of gigawatts of power generation, especially not in the US, but also because the only company that makes gas turbines has a seven-year backlog).

The only people who don't think it's worthless are the people who would be worth a lot less if that were the case. Hug your loved ones and make peace with your gods, because the crash is going to be insane.