Move comes amid a reported plan to refocus on business and productivity use cases.
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So rather than a pop, the bubble will deflate
Agree to disgree, I suppose."What you made with Sora mattered..."
The announcement comes days after leaked news of an OpenAI all-hands meeting in which company executives reportedly said they were refocusing on business and productivity applications rather than being “distracted by side quests” as OpenAI head of applications Fidji Simo reportedly put it.
Musk does, because he thinks he's king of the nerds. Or is still at least pretending, who knows.Are these people even people? Who talks like that?
Ahem, YouTube is interesting. Sora is the most boring social network ever, including the farmer dating site. Most huge accounts are lucky to get 1/10th of their followers liking a video, including Sora’s account. They never incentivized watching videos and only focused on creation. Consequently, they have no ads, no audience, and no reason for existing except as a YouTube/X accessory.it must be even more expensive pretending to be YouTube.
The Real Meme-Cats of America find your statement disconcerting.To be fair, I really did actually enjoy all the videos of cats cooking that my entire social media feed turned into.
You just named the inevitable guillotine these guys have got to eventually face. All the circular financial shenanigans, all the hyping future unicorns for all, it’s just the sound of feet desperately scrabbling to avoid the chop.I see risk to business ventures in incorporating AI into their workflows not just for a rugpull, but a sudden and drastic increase in price that reflects the reality.
All jokes aside, Second Life was around long before FaceBook, or Chat GPT. It still manages somewhere around 30,000 daily users (which I am sure Horizon Worlds never did) and, unlike Altman and others, it actually turns a profit.Hey. The metaverse didn't collapse, it just always had a different name, Second Life.
And SL shrunk quite a bit but still has the best DJ's on the net. I think the Horizon Worlds going mobile only and then not completely going mobile only spin has caused a slight influx to Second Life.
I still remember that day when Zuckface said he was inventing the metaverse and announced Meta. Someone needs to update the word 'tool' in the Webster's dictionary to show a picture of Zuck instead of what they have for the image now. Then again, 'tool' doesn't really even begin to describe whatever the hell Zuck is.
By "all" do you mean "a chosen few"?na when it comes down it'll be obvious in hindsight when they knew it was all going to collapse.
After Windsurf’s coup de Trafalgar with their new price structure imposed last week, my company just realized the risks of heavy reliance on IA to code.Among the many reasons not to develop workflows based on megacorp genAI, the inevitable rugpulls are one I don't see discussed often enough.
People like Sam Altman clearly give zero fucks about anyone but themselves. Why on earth would you spend a bunch of time developing a workflow based on any SaaS product offered by one of their companies when they can (and will) cancel it at any time, for any reason, or no reason at all?
All jokes aside, Second Life was around long before FaceBook, or Chat GPT. It still manages somewhere around 30,000 daily users (which I am sure Horizon Worlds never did) and, unlike Altman and others, it actually turns a profit.
More like an issue with operating costs being greater than profits.Seems like they got all the data they needed, time to close the experiment. We've seen Google do this for years.
Unless Altman showed the shareholders exactly how much money Sora was losing and that there was no path to profitability there.Not that I'll miss the slop machine, but holy crap imagine giving Disney $1 billion for something and then just turn it off a few months later.
In a sane world, the board would be raked over coals by shareholders for such a boneheaded move. Alas...
There's what someone else in another forum I'm in wrote about it, and I couldn't possibly have said it better myself:However ridiculously expensive it is for them pretending to be a computationally expensive Google, it must be even more expensive pretending to be YouTube.
And just as predicted, OpenAI shuts down Sora over cost overrun and lack of paying customers. AI bros want AI if and only if it's free and strictly not a penny more than free. As result of lack of adaptation and commercialization of text-to-video generator as a revenue business, Sam Altman decided to shut the service down to conserve cash on hand as Disney and other studios pulled their investments from AI. Sora was estimated to cost OpenAI as much as $15 million a day in processing powers demanded.
Eh, that might be part of it but a bigger problem was just that Sora was a massive money sink in terms of compute with absolutely zero viable way to monetize it. By all accounts it was just a black hole sucking up cash. You can say that about LLMs in general but at least there are nods to monetization in other fields.Seems like they got all the data they needed, time to close the experiment. We've seen Google do this for years.
Meta's definition required the metaverse to be imminent without already existing.Hey. The metaverse didn't collapse, it just always had a different name, Second Life.
I can feel the air rushing out of the bubble, even if it is slowSo rather than a pop, the bubble will just be a slow deflation?
I can feel the air rushing out of the bubble, even if it is slow
This pretty much sums up the qualities of an idea to be able to grift venture capitalSo it must be bigger than anything that already exists, far enough away that it won't happen without investment, but close enough that people will see returns within a few years.
When I for a little while worked in a large-ish VC-owned tech company one of the things that struck me was that the C-suiters there seemed to all have these weird one-liners that they would endlessly repeat, like a mantra. I suspect they were so far removed from the actual products and work that all they had were these shallow concepts that they saw as philosophies to guide their strategies. The CPO kept saying “it’s the tiktok generation, nobody has the attention span for more than five seconds anymore!”. Unfortunately there was little to no substance beyond that. I didn’t stay long.Are these people even people? Who talks like that?
It's kind of a wind tunnel at this point.
Competitors have rushed into the AI video space in the time since Sora’s debut, though. ByteDance’s SeeDance 2.0 in particular has drawn significant attention in recent months for viral videos of complex, Hollywood-style scenes, complete with complex cuts and angles. And Google’s impressive Veo video generation tools have formed the basis of its Genie world models, which allow for some level of real-time interactivity with generated video content.
Exactly. My hope is that phrase accurately describes both nascent (valuable) technologies just as well as snake oil.This pretty much sums up the qualities of an idea to be able to grift venture capital
Given that this is an OpenAI representative, there’s a fair chance that ChatGPT may have been involved in crafting that statement.Are these people even people? Who talks like that?
The real profit was the friends we made along the way. So, no.There was profit?
Hey. The metaverse didn't collapse, it just always had a different name, Second Life.
And SL shrunk quite a bit but still has the best DJ's on the net. I think the Horizon Worlds going mobile only and then not completely going mobile only spin has caused a slight influx to Second Life.
I still remember that day when Zuckface said he was inventing the metaverse and announced Meta. Someone needs to update the word 'tool' in the Webster's dictionary to show a picture of Zuck instead of what they have for the image now. Then again, 'tool' doesn't really even begin to describe whatever the hell Zuck is. Maybe... Metatool?