this post was submitted on 27 Aug 2025
34 points (100.0% liked)

TechTakes

2134 readers
272 users here now

Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

founded 2 years ago
MODERATORS
dgerard@awful.systems
34
SoftBank needs OpenAI to stay alive — no matter what (pivot-to-ai.com)
submitted 2 days ago by dgerard@awful.systems to c/techtakes@awful.systems
14 comments fedilink hide all child comments
 

in this episode I explain the numbers that require SoftBank to keep OpenAI alive past all reason: they're spending real money to achieve imaginary private equity valuations and this was enough to make their stock go up. So they can't stop.

https://www.youtube.com/watch?v=zTYxEVRiCvM&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20250827-softbank-needs-openai-to-stay-alive-no-matter-what - podcast

you are viewing a single comment's thread
view the rest of the comments
[–] Architeuthis@awful.systems 5 points 2 days ago* (last edited 2 days ago) (1 children)

I wonder what this means for US GDP

Don't worry, unchecked inflation and increasing housing costs will keep the GDP propped up at least for a while longer.

[–] HK65@sopuli.xyz 2 points 2 days ago

I mean yeah, spreadsheets rejoice, but eventually it's going to be a problem where there is no real economy behind the numbers. How long can we keep pretending?