Big Technology Podcast SBF Convicted, OpenAI Is Vulnerable, Ozempic Effect Gone Overboard
Nov 3, 2023
Ranjan Roy, a contributor to Margins, dives into the tech world's latest upheavals, starting with the conviction of Sam Bankman-Fried and its impact on cryptocurrency. He explores why OpenAI faces hidden vulnerabilities and discusses Google's ambitious Gemeni project. The conversation shifts to the implications of weight loss drugs like Ozempic on consumer habits and market trends. Roy also highlights the growing role of sovereign wealth funds in AI investments and shares insights on Jeff Bezos's relocation to Miami and its tax implications.
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Sequoia's Misjudgment
- Sequoia's Alfred Lin admitted to being misled by SBF, despite previously defending his FTX investment.
- Sequoia's original blog post, which has since been deleted, even predicted SBF could become the world's first trillionaire.
Avoid Tweeting Through It
- Refrain from excessive tweeting or public statements, especially during a crisis.
- SBF's constant communication did not save him and may have worsened his situation.
OpenAI's Vulnerability
- OpenAI may be more vulnerable than it appears due to increasing competition and commoditization of AI models.
- OpenAI's close relationship with Microsoft could limit its reach with other cloud providers like AWS and Google.
