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If the CEO was smart, they would be trying to build or extend a cool generative AI tool customers would like... Not rack up the biggest OpenAI bill they can.

Shoehorning tech where its not working sounds like the blockchain boom to me. Even if crypto did take off, that would not have helped them survive.

>If the latter is right, this CEO might be a genius who was early on a trend, instead of a kook.

Lottery and slot machine winners aren't smart, they're lucky.

> On the other hand, you have the leading AI firm publicly devoting 1/5th of its resources on controlling AI and declaring that we will likely have Superintelligence within this decade.

This is just marketing.

I guess you can be a kook and make a stupid move but with enough luck you will be regarded as a genius and your move will be seen as a bold one.