8 sats \ 3 replies \ @jeff 9 Feb \ parent \ on: OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project tech
I zapped you for this, but devil's advocate - advertising liquidity begets liquidity. Ie, the other side of the market gets made because he advertised.
Every pension plan and sovreign wealth fund on the planet just took notice of this.
Its hard to deploy 100s of billions.
eh...the probability of being able to have a positive return on single venture 7T investment is very small.
think about that number for a moment. how many paying customers do you need to earn 7T in say 10 years? Thats $58B each and every month for 10 years to "pay back" that $7T investment. Thats maybe 1B active paying customers for 10 years....
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You're misunderstanding what we're saying.
Sama doesn't want 7t. He's just saying <outrageously big number> to get media attention and draw in investors. The final funding would "only" be in the 100s of billions at most.
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Rain makers make it rain.
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