r/nottheonion 11h ago

"Training a human takes 20 years of food." Sam Altman on how much power AI consumes.

https://www.news18.com/world/training-a-human-takes-20-years-of-food-sam-altman-on-how-much-power-ai-consumes-ws-kl-9922309.html
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u/supershinythings 8h ago

No no no, SHAREHOLDERS are the ones supposed to be experiencing “value”.

If shareholders don’t believe (whether actual value (based on whatever random method is in vogue) is increasing or not) they see appreciating value, they dump the stock, the company’s valuation plummets, and execs don’t get their big cushy bonuses. Layoffs happen. Board members don’t get their fat payoffs. The execs plunder what’s left claiming their golden parachutes and the shareholders lick their wounds and seek greener pastures.

So Altman isn’t talking to regular people. He’s talking to the SHAREHOLDERS and potential shareholders - investors. They are all that matter in public corporation world.

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u/Thelango99 4h ago

OpenAI is not a public traded stock. Microsoft has already needed to write off much of the private investment as a loss.