this post was submitted on 19 Aug 2025
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"we fucked up our massive new generation product launch.. oh well lets invest trillions in new data centers" How do investors keep falling for this shit.
How indeed. It's probably a multi-factor phenomenon which requires an anthropological study for a serious answer. (Good luck trying to get the necessary access to study them.) My guess for one factor in this, is that they have more money than they know what to do with.
The american stock market is purely vibe driven now
Don’t they have enough?!? How about they fix and optimize their fancy autocompletion software instead?
They took a path they believed would develop into something, and it's a narrow alley they can't turn around in. They have to keep going with more compute and power to continue the chase. Thing is, everyone else seemingly thought they were onto something and followed as well, so they're all in the same predicament where reversing course is suicide. So they hope they can keep selling the dream a bit longer until something happens.
To be fair, it's a lot more than just autocomplete. But it's a lot less than what they wanted by now too.
vibe innovation, they are the ones that think AI will be innovative in science by spontaneous generating of new science discoveries, without "researchers, labs, papers"
I have seen some people talk like that, and it strikes me as a religion. There's euphoria, zeal, hope. To them AGI is coming to usher in heaven on earth. Singularity is like rupture.
Sam Altman is one of the preachers of this religion.
No no, it's just 1 more data center bro, then we'll fix the hallucinations, promise bro!
Fix and optimize? Thats way harder than using VC money to buy more things.
He's saying the launch was done badly because some users are in love with GPT-4 and it should not be removed. From a point of view of a investor having people addicted to your product is a good thing.
It's a pretty clear humble-brag, no? The launch was only botched because people loved the previous personality; it's an estimate of how much people care about the product and how much price gouging they could do later.
No it wasn't good for OpenAI. But I doubt it changed many investor minds.
people were addicted to the AI relationship it allowed.
The ROI and the supposed savings from getting rid of the human side of technical support but also efforts of human creatives.
Because they already know that once the AI shitbubble bursts, they will switch all the GPUs to start mining Bitcoin and keep grifting the mouth breathers believing all these horseshit.
moving back to CRYPTO after it already crashed, and only people investing in it are the ones that are easily scammed; conservatives,old people.
Fugazi