Comment by almost_usual
3 years ago
Not stock PPUs which are only worth anything if they turn a profit and according to OpenAI that isn’t happening until AGI.
3 years ago
Not stock PPUs which are only worth anything if they turn a profit and according to OpenAI that isn’t happening until AGI.
OpenAI PPUs are no different than stock in a growing-but-unprofitable company like old Amazon. You don't have to wait for dividends; you can sell your PPUs to speculators who expect returns in the future.
It’s completely different. I can sell my RSUs in AMZN as soon as they vest on the public market at market price.
For pre-IPO companies you have things like SecondMarket.
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Wonder if we'll see many IPOs from any companies not turning a profit anytime soon
UBI will just be everyone getting paid dividends from OpenAI stock