updated 1y ago
The Contrarian Strategy of OpenAI
- OpenAI is now the clear leader in LLM APIs - a position that 4 years ago Google was arguably in the default position to win. The failure of Google to capitalize on its many advantages specifically in AI has been striking. It feels like a Xerox Parc moment of inventing transformers, having all the talent, data, and distribution to build the seminal ... See more
from AI: Startup Vs Incumbent Value by Elad Gil
sari added
- The most contrarian bet in venture capital right now is Thrive’s investment in OpenAI at an $80B valuation.
Before you bring your pitchforks against me or wonder if I’ve gone crazy, let me explain.
You can be contrarian in two ways:1- Having a different POV than the mainstream
- Having 100% conviction in the mainstream POV and doubling down on it in a way
from The Most Contrarian Bet in Venture Capital by Pratyush Buddiga
Abie Cohen added
And in the end, OpenAI doesn’t matter . They are making the same mistakes we are in their posture relative to open source, and their ability to maintain an edge is necessarily in question. Open source alternatives can and will eventually eclipse them unless they change their stance. In this respect, at least, we can make the first move.
from Leaked Google document: “We Have No Moat, And Neither Does OpenAI” by Simon Willison
sari added