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by evrydayhustling 2585 days ago
The cap is one of the reasons this wager might actually be great marketing.

- General hubris (ambition?) weeds out skeptics (curmudgeons?) In the audience right away. Not the intended buyer!

- Every minute a potential investor spends contemplating the impact of a 100x return cap is a moment they are framing on that outcome.

- OpenAI already proved that they can advance the cutting edge on specific AI tasks. In that context, AGI is a good smokescreen (or the kind of North star that you navigate toward without reaching). It's attractive to idealistic investors and new hires, but also justifies pragmatic research.

I don't put weight on the AGI goal, but I fully believe that Sam can help find business models in the research projects that can be executed with a critical mass of talent and capital.