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dgerard@awful.systems

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

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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

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[–] HK65@sopuli.xyz 10 points 2 days ago (3 children)

I wonder what this means for US GDP, not just the AI bubble, but the various other speculative bubbles goimg around.

How much of the US economy is real and how much is it a fake foam of stock market bubbles?

[–] Soyweiser@awful.systems 6 points 2 days ago* (last edited 2 days ago)

Various indicators have been in the 'crash incoming' for years now. And keeping in that state for longer than normal. Which is making me feel (spurred by Talebs thinking that you either have regular small crashes or irregular catastrophic big ones. which he wrote thinking we were already in the latter era) like we are in big trouble. But it doesn't seem to be crashing. And even the authoritarian bs isnt pushing us into the crash territory.

Doesnt help that sex workers seem the be doing badly for a while now. Which is imho always a nice informal indicator.

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