[mola]

I think the motivation for someone like Altman is not AGI, it's power and influence. And when he wields billions he has power, it doesn't really matter if there's AGI coming.

[hu3]

Yep, he just wants to become too big to fail at this point.

I view OpenAI like a pyramid scheme: taking in increasing amounts of money to pursuit ever growing promisses that can be dangled like a carrot to the next investor.

If you owe investors $100 million, that's your problem. If you owe investors $100 billion, that's their problem.

[AbstractH24]

Who else pursued this strategy in the dot-com bubble and failed to the point of going under?

I'm old enough to remember it, but young enough not to remember it well.