"Over the weekend, some investors were considering writing down the value of their OpenAI holdings to zero, according to a person familiar with the discussions."
Nope. You could have said the same when Elon Musk got ejected and briefly tried to take over OpenAI.
The magic is in Hinton students, who took Deep Learning first to its AlexNet moment and then to its ChatGPT moment.
Sam Altman had exactly nothing to do with the AlexNet revolution. And only was in the “same room” with the people who made the second one happen.
The reason he got ejected was clearly a failure to disclose something very important and somewhat critical to being able to perform a role of OpenAI CEO and be aligned with the OpenAI nonprofit charter. SamChip or WofldCoin crisis maybe. Hard to tell what was it.
Chinese yuan is economically backed by state owned companies that routinely sell essential goods and services at below market prices when they otherwise would rise too fast.
It's a basic experiment. Give one group of people mosquito nets. Let another group of people be a control group. Compare the mortality rates of both groups.