sirlance99

sdw2001 said:

This is about nothing more than money. And I don’t  just mean Masimo.  Their market cap is 6 billion. Apple’s is 3 trillion.  Right now Apple feels it’s cheaper and easier to announce they’re going to comply with the order and fight it in the courts. If necessary, they’ll simply buy the company outright.  Announcing they are actually going to stop selling the latest. Apple Watch is a brilliant move.  The Biden administration can use any win it can get right now. They’ll probably make a big deal of announcing they saved Christmas or something.  

mpantone said:

planetary paul said:

Obviously the intention was to kill off the company. Some serious litigation is in order methinks.

Whose intention?

Certainly not Altman's. He had a large equity stake in the company. It was his baby.

Certainly not the board of directors. They represent the shareholders.

Certainly not Microsoft. They have 49% ownership. Destroying OpenAI would mean flushing most of their investment stake down the toilet. (That's what Elon Musk is singlehandedly in the process of doing with X/Twitter.)

My hunch (unsubstantiated) is that the BOD identified irregularities that pointed to fraudulent behavior by Altman, akin to Elizabeth Holmes (Theranos) and Sam Bankman-Fried (FTX). Liars don't commit just one lie. Lying permeates almost everything they do. Not just their business dealings, also their personal lives.

If the boards of Theranos and FTX had identified such issues early enough with Holmes and SBF, those companies might still exist today.

We won't learn what it is but some general information will probably come to light someday. Not today, not tomorrow, but the reasons won't stay hidden forever.

Remember that this is a privately held company that lost -$540 million on revenues of $28 million in 2022.

Silicon Valley is pretty small. My guess is that the biggest and best connected venture capitalists and IP law firms already have an idea of what went wrong.

The shareholders can revolt and elect a new BOD but Microsoft has 49% control. My guess is that some minority shareholder, probably some bigshot VC got suspicious from Altman's behavior, started poking around and found something rotten.

The people who would benefit from an OpenAI collapse are the competitors, companies like Alphabet, Meta, maybe Amazon, IBM, a bunch of startups, etc. Maybe a disgruntled former OpenAI employee, a jilted lover (we saw SBF's former girlfriend testify against him). But not someone with a sizable equity stake in OpenAI.

Silicon Valley has plenty of hubris and guys like Altman have an excess of it. Executives like Holmes and SBF have made people see red flags when people talk it up without showing real results (that is, profitability). My guess is that this will eventually end up with legal action against Altman and possibly other senior execs. The CFO would come under heavy scrutiny, there's always a money trail behind any sort of corporate shenanigans.

"Fake it until you make it" is not a real business strategy in the real world. That might be fine in a movie but it doesn't work in high tech especially when you're playing with someone else's money. The numbers eventually don't add up.

This is going to get more interesting.

StrangeDays said:

sirlance99 said:

These announcements are so boring now days. Just one big commercial announcement. Used to be live and raw. Now carefully crafted and packaged to be non offensive as possible. So boring. 

Suggestion: find your excitement outside of consumer electronics product announcements. They are by definition commercials for what is being sold. 

libertyandfree said:

sirlance99 said:

TheSparkle said:

Nice. I like. 

It’s an old and used UI that’s from 2010. 

That’s totally false.  Some people (or bots) just have to be negative. 

mark fearing said:

DAalseth said:

I have a couple year old iPad Pro. The fingerprint reader works half to two thirds of the time. At least once a day it fails enough I have to enter my passcode. That’s not counting when I have water, or dust, or lotion on my hands and it just refuses to recognize my finger at all.  FaceID on my 11 though is just flawless. So sure if they want to put the fingerprint reader under the screen that’s fine. I’m sure some people will jump at it. I’m going to stick to FaceID.

I agree. I don't quite understand why anyone would want Touch ID at this point. Face ID will only get better. And I would guess it'll be on the iMac soon enough too. It seems really silly to be investing in touch ID phone tech at this point. WHat's next, floppy disks for 'small file, portable storage.'?

kjespoko said:

I may be in the minority here, but I can’t stand the language in these shows. The use of the f-word has gotten out of control. Sometimes I feel that the writers just force it in. Put less TV-M and I’d watch a lot more! 

9secondkox2 said:

gizmosf415 said:

I wish they would announce that Siri and Maps wont be stupid anymore with “Apple Intelligence” 🙏

Maps is #1 these days. Preferred over Google. You’re brain stopped learning new things back when apple first launched baby maps way back. Whole new world these days. 

Siri wasn’t brought along the way it should have. But it seems apple intelligence is overcompensating for that snd siri will be pretty great. 

fallenjt said:

Sign me up for one. Good bye to many credit cards in my wallet!

linkman said:

robin huber said:

If the app is free to Netflix subscribers, where is the income to make it top grossing?

You can pay your monthly Netflix subscription through the app.