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OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’
OpenAI is to this decade’s generative-AI revolution what Netscape was to the 1990s’ internet revolution.
The hundredsofbillionsof dollars that major companies are now investing into AI development show what it will really take for OpenAI to continue pursuing the mission. Investing in OpenAI today is a bit like that — generative AI technology has a bright future and is transforming the world, but it’s wishful thinking that the breakthrough client implementation is going to form the basis of a lasting industry titan. Netscape started life as Mosaic, a free-of-charge browser that debuted in January 1993 and instantly revolutionized the nascent-but-still-obscure World Wide Web by adding support for images.
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