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236 points inesranzo | 1 comments | | HN request time: 0.001s | source
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afavour ◴[] No.46232022[source]
AI has driven the corporate suites of these companies insane.

> As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity.

I don't know what kind of hypnosis tricks Sam Altman pulls on these people but the fact that Disney is giving money to OpenAI as part of a deal to give over the rights to its characters is absolutely baffling.

OpenAI and ChatGPT have been pioneering but they're absolutely going to be commoditized. IMO there is at least a 50:50 chance OpenAI equity is going to be next to worthless in the future. That Disney would give over so much value and so much cash for it... insane.

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1. eddieroger ◴[] No.46232173[source]
If Disney could throw concepts at their properties like Mickey Mouse Clubhouse or Paw Patrol or any of their other CG shovel content (which my kid loves, of course) and have a new episode every day of the year, they would, and this lets them do that without employing the staff to make that happen. If all it took was a writer to put a pitch together and Sora to turn out an episode, that'd be a steal for $1B.