# Winter is Coming for OpenAI

Page: https://stenobird.com/podcast/muckraikers-7026051/winter-is-coming-for-openai
Text version: https://stenobird.com/podcast/muckraikers-7026051/winter-is-coming-for-openai.md
Podcast: [muckrAIkers](https://stenobird.com/podcast/muckraikers-7026051)
Published: 2024-10-22T15:00:00+00:00
Episode link: https://kairos.fm/muckraikers/e004
Audio file: https://op3.dev/e/media.transistor.fm/fcc8770a/00dd5ab1.mp3
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JSON: https://stenobird.com/v1/public/podcasts/muckraikers-7026051/episodes/winter-is-coming-for-openai
Duration seconds: 4957

## Resource

Brace yourselves, winter is coming for OpenAI - atleast, that's what we think. In this episode we look at OpenAI's recent massive funding round and ask "why would anyone want to fund a company that is set to lose net 5 billion USD for 2024?" We scrape through a whole lot of muck to find the meaningful signals in all this news, and there is a lot of it, so get ready! (00:00) - Intro (00:28) - Hot off the press (02:43) - Why listen? (06:07) - Why might VCs invest? (15:52) - What are people saying (23:10) - How *is* OpenAI making money? (28:18) - Is AI hype dying? (41:08) - Why might big companies invest? (48:47) - Concrete impacts of AI (52:37) - Outcome 1: OpenAI as a commodity (01:04:02) - Outcome 2: AGI (01:04:42) - Outcome 3: best plausible case (01:07:53) - Outcome 1*: many ways to bust (01:10:51) - Outcome 4+: shock factor (01:12:51) - What's the muck (01:21:17) - Extended outro Links Reuters article - OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia Goldman Sachs report - GenAI: Too Much Spend, Too Little Benefit Apricitas Economics article - The AI Investment Boom Discussion of "The AI Investment Boom" on YCombinator State of AI in 13 Charts Fortune article - OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned, report says More on AI Hype (Dying) Latent Space article - The Winds of AI Winter Article by Gary Marcus - The Great AI Retrenchment has Begun TimmermanReport article - AI: If Not Now, When? No, Really - When? MIT News article - Who Will Benefit from AI? Washington Post article - The AI Hype bubble is deflating. Now comes the hard part. Andreesen Horowitz article - Why AI Will Save the World Other Sources Human-Centered Artificial Intelligence Foundation Model Transparency Index Cointelegr…

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