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236 points inesranzo | 2 comments | | HN request time: 0.002s | 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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jimbokun ◴[] No.46232048[source]
If OpenAI has exclusive rights to AI generation for Disney and other IP rights holders, that would create the kind of moat they've been missing so far.
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afavour ◴[] No.46232058{3}[source]
All the more reason it's insane for Disney to be the one giving money!
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1. mritchie712 ◴[] No.46232207{4}[source]
> commoditized

not for disney content. Disney can pick OpenAI as the winner for this by not signing deals and suing anyone else.

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2. ◴[] No.46232579[source]