ibeckermayer
Joined 9 years ago
Joined 9 years ago
But the real kicker here is the 90s ttft, that means you ask a question and don't see anything for a full minute and a half.
It's a good question, what I think you're missing is that if the market is valuing me (NVIDIA) at 25x revenue then it's more like I traded you (OpenAI) a GPU it cost me $80 to make for $100 worth of OpenAI stock, and I got a bonus $2500 in market cap of my own stock (which existing shareholders like).
IOW for every incremental "$100" in revenue (circular or otherwise), existing shareholders get paid "$2500" in equity (NVIDIA appreciation + OpenAI shares).
This "works" for NVIDIA and its shareholders as long as they/the market keeps thinking $100 of OpenAI stock is a good price for a GPU. If OpenAI tangibly fails to deliver on this valuation then NVIDIA may wind up in the red on these deals.
Caveat: it's a bit more complicated than that as OpenAI doesn't typically buy/operate GPUs directly afaict, rather they team up with the big cloud providers like AMZN (also part of the deal). But it's an useful way to wrap your head around the economics, I think (open to correction, not a domain of professional expertise).
I don't see anything _inherently_ unethical about this as some comments seem to imply. It's definitely riskier than accepting cash, in which case you're free not to play, but it's a calculated risk based on future expectations of growth by OpenAI. Granted there are some sketchy incentives qua existing shareholders that could materialize in pump and dump dynamics.
2. GPL does not allow you to take the code, compress it in your latent space, and then sell that to consumers without open sourcing your code.
The technical details are beyond my understanding but I’ve heard from a PhD in the field that Masterjohn’s understanding of metabolism is second to none. Whether his protocols work or not is certainly a case by case matter (like any health protocol), but he always appears to substantiate it with well-cited lines of argument, and is willing to engage with interlocutors.
As for spending years with changing protocols without getting anywhere besides spending lots of money, well that can be said for people with complex issues who go the institutionally approved route as well. It isn’t discrediting in its own right that a protocol didn’t work for some.
(No affiliation, just have been subscribed to the founder’s substack for a while)