AI Companies Are Setting Money on Fire | OpenAI's Pre-Bailout Bailout Plan

Episode Title: "AI Companies Are Setting Money on Fire | OpenAI's Pre-Bailout Bailout Plan"
Content: GET THE MICROSLOP T-SHIRT: https://store.gamersnexus.net/products/microslop-parody-t-shirt OpenAI is setting money on fire as it arranges the pieces for what we think is a pre-bailout 'bailout plan,' including passing costs on to American taxpayers. We talk through Ed Zitron's work on OpenAI's financials, our own compilation of OpenAI's shady history and moves, and the ChatGPT maker's greed. As part of this, we talk about NVIDIA and Jensen Huang's relationship with OpenAI and Sam Altman. Find Ed Zitron here: https://www.youtube.com/watch?v=OVH7WZk065I Find his report on OpenAI's finances here: https://www.wheresyoured.at/exclusive-openai-financials/ The best way to support our work is through our store: https://store.gamersnexus.net/ Like our content? Please consider becoming our Patron to support us: http://www.patreon.com/gamersnexus TIMESTAMPS 00:00 - Intelligence is a Utility 00:40 - Setting Money on Fire 05:43 - Highlights of Insanity 08:19 - OpenAI's Financials 13:53 - History 16:00 - Going Public and an IPO 22:00 - Cracks in the Plan 25:25 - Where We Are Today 28:14 - OpenAI's Pre-Bailout Bailout Plan 30:41 - Conclusion ** Please like, comment, and subscribe for more! ** Links to Amazon and Newegg are typically monetized on our channel (affiliate links) and may return a commission of sales to us from the retailer. This is unrelated to the product manufacturer. Any advertisements or sponsorships are disclosed within the video ("this video is brought to you by") and above the fold in the description. We do not ever produce paid content or "sponsored content" (meaning that the content is our idea and is not funded externally aside from whatever ad placement is in the beginning) and we do not ever charge manufacturers for coverage. Follow us in these locations for more gaming and hardware updates: t: http://www.twitter.com/gamersnexus f: http://www.facebook.com/gamersnexus w: http://www.gamersnexus.net/ Our policies, processes, and ethics statements relating to review samples, advertising, travel, errors, and more are transparently and publicly available on this page: https://gamers.nexus/ethics-statements Steve Burke: Host, Writing Tim Phetdara: Editing Ben Benson: Writing


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