You're offered $3million but you have to show up at an office 5 days a week every week for 30 years and it's divided and paid out weekly
Do you take it?
Scam Altman and Greg Stockman stole a charity. Full stop.
Greg got tens of billions of stock for himself and Scam got dozens of OpenAI side deals with a piece of the action for himself, Y Combinator style. After this lawsuit, Scam will also be awarded tens of billions in stock directly.
The fundamental question is simply this:
Do you want to set legal precedent in the United States that it is ok to loot a charity? If so, you undermine all charitable giving in the United States forever.
I could have started OpenAI as a for-profit corporation. Instead, I started it, funded it, recruited critical talent and taught them everything I know about how to make a startup successful FOR THE PUBLIC GOOD.
Then they stole the charity.
Search for @zerodha on Google or the app stores, and the first thing you'll see is ads from our competitors. The only way for us to show up first is to bid on our own brand keyword. So we'd essentially be paying to be visible when a customer is actively looking for us by name, and if we don't, competitors will happily take that spot.
What's worse is that ads now show up above and below our own keyword. That tells you everything about where platforms are headed.
The only winners here are the app stores who collect the ad spend on top of the commissions they already charge on in-app purchases. And one way or another, this marketing spend eventually flows back to customers in the form of higher prices.
We live in a world where everybody keeps talking about disintermediation, but these platforms are some of the most powerful and profitable gatekeepers in history. They sit in the middle and monetise both sides.
If you believe in the logic of enshittification, this is just the beginning. Platforms extract as much as they can, for as long as they can, until they can't. More ads means more scrolling before you hit any organic results, which means brands that don't pay simply stop being visible. That's manageable if you're a large company with a marketing budget. For smaller businesses and startups it can be devastating. They just can't afford to keep up.
The sheer irony of having to pay to show up when someone is already searching for you by name never stops being absurd.
Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.
On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.
He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.
If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.
FFmpeg is moving to Rust 🦀
Our use of C and Assembly in FFmpeg has been an unacceptable violation of safety.
FFmpeg will be running 10x slower - but we're doing it for your safety.
All your videos will appear green - safety first, working software later.
We’ve identified industrial-scale distillation attacks on our models by DeepSeek, Moonshot AI, and MiniMax.
These labs created over 24,000 fraudulent accounts and generated over 16 million exchanges with Claude, extracting its capabilities to train and improve their own models.