Disney Exits OpenAI Deal After AI Giant Shutters Sora

It needs to function like a casino so that Trump can bankrupt it.

Nah you just need to get intel on who cheeto president is bombing next so you can bet on oil before it happens.

The markets ceased being rational like so long ago

shouldn't it be red if a service is getting shut down? thats negative i assume

I heard the big banks were trying something similar shortly before the '08 crash. And the Enron/Worldcomm crew right before 9/11.

Certainly possible they've got an exit strategy lined up. But the problem is that they're always just a little too greedy and too high on their own supply. During the '14 mini-recession, reinflating the bubble economy was a bipartisan goal. After the '20 COVID crash, there was broad consensus in cranking open the money hose and flooding the economy with cheap cash. '08, '14, and '20 set a big historical precedent for the "We'll never let you fail" policies of the federal government. And so we've diluted a lot of the short term pain of economic contraction into the longer term pains of currency inflation.

The enormous devastation to real physical capital all across these Mid-Eastern theocracies, combined with the socio-economic pressures of Climate Change induced heat waves, can and will push certain regions of the globe to a breaking point. At some point, you just don't have anything to spend all those excess dollars on.

Ignoring the peak of all action games that is KH2? Sacrilege!

That’s a shame, because KH2 is pretty widely regarded as the best in the series. If you stopped with Chain of Memories, I wouldn’t blame you. The gameplay for that one is definitely… Uhh… Divisive. But KH2 was when the series really hit its stride.

Layers and layers

Is he still trying to save Kairi too?

A big, stupid magic trick: As these companies get desperate, expect someone — especially OpenAI — to try and show something “new and crazy” as a means of trying to turn the narrative. When or if this happens, look very carefully at what they say about the product’s availability, or what it can do, or who they show it to.

Alternative scenario — Sora launches: If OpenAI gets desperate, it may move up the public launch of Sora, its generative video product. Doing so will only cause more problems — there isn’t a chance in hell that Sora is profitable, and I’m fairly sure it’s even more expensive to run than ChatGPT, and I imagine its visual inconsistencies and hallucinations would make for some entertaining content for YouTubers and tech reporters.

It was a horseman, just not the part where they cancel it a few months later.

To be fair to OpenAI, they are now saying "just use ChatGPT for video too". Good chance that Disney cancelled them before they cancelled Sora

Great read! I wonder what his perspective is now. That article was written in August 2024 and a lot has happened since then. For example, I cannot fathom the agreement to Sundar's latest pay package. Another example of failing up the corporate ladder.

Also, it feels like competition with China was an overlooked wildcard in his argument. It would not surprise me if the bubble continues to grow just to try and beat China.

Great read, thank you

amusing yourself with silly songs and also not tormenting others with them

It’s for enabling wannabes. I’m a professional musician and I can tell you the only person who uses it is someone on the Suno payroll (Timbaland)

Oracle goimg broke would make me orgasm so hard I would probably break something in me.