OpenAI Ends Side Quests, SF Housing Market is Back, Kalshi’s $1B Prize | Diet TBPN

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Why is OpenAI ending side‑quests and refocusing on its main mission?

John Coogan 0:02
Happy Saint Patrick's Day. We are not drinking Guinness currently. We hope that you are.
Jordi Hays 0:08
Yeah. Enjoy it. It seems like Tyler is in the Saint Patrick's Day mood, uh and is wearing a fantastic Saint Patrick's Day hat. How did you wind up here? That's the same. Where did that come from? Did we just have that?
Unknown 0:24
No, I I had this. Oh you just had it.
Jordi Hays 0:26
You had it handy. You just daily drive that. Yeah. Okay, yeah.
Unknown 0:30
D it was it wasn't in your car? Yeah, you wore it to the gym this morning.
Jordi Hays 0:33
Okay. In the news, the Wall Street Journal has an article about uh this is a scoop from Berber Gin. We didn't have to break down the paywall, but Berber Gin uh has a scoop. He says OpenAIs Fiji Semo told staff last week that the company could not afford to be distracted by side quests. Main quest only. Main quest only. What is the main quest? Probably just scaling compute, but uh we'll get into that. And then there's Whole bunch of takes back and forth. Said the company execs are are actively looking at areas to depro deprioritize. Uh of course, throughout last year, OpenAI launched a ton of different uh initiatives across consumer hardware. And I think a lot of people were starting to say, like, okay, like you do you want to be fighting a battle on uh all these different fronts, or do you want to just really nail consumer, nail enterprise, and now that is what they are signaling internally.
Jordi Hays 1:20
So from the Wall Street Journal article. OpenAI's top executives are finalizing plans for a major strategy shift to refocus the company around coding and business users, recognizing that a do everything all at once strategy has put them on the on the defensive. Fiji Simo, OpenAI CEO of applications, previewed the changes to employees at an all-hands meeting, telling them that top leaders, including Sam Altman and Mark Chen, were actively looking at where which areas to deprioritize. They expect to notify staff about the changes in the coming weeks. We cannot miss this moment because we are distracted by side quests. Side quests is the key term there. We really have to nail productivity in general and particularly productivity on the business front.
Jordi Hays 1:57
Last year OpenAI announced a an array of new products, including the video generator Sora. Uh a web browser called Atlas, a new hardware device and e-commerce features for Chat GPT. Uh some of those are like wildly different timelines for these things. Um Yeah,
John Coogan 2:14
and remember during this time, that's when I started talking about viewing OpenAI's activities like they were a hyperscaler, right? When Google launches a new product. You don't have to assume that, hey, it's gonna work every single time. And in fact it's the exact opposite. A lot of these experiments don't end up going anywhere. It's fine. Like again, you have this like massively scaling, you know, core business. Yep. You start to say like, Hey, let's experiment in a bunch of these different areas. Some of them are gonna work, some aren't, it's okay. Uh, but then ultimately that creates a scenario where you're sort of like c opening up maybe too many fronts, right, to the competition, right? You're competing with Meta and Social, with Sora, you're competing with with Google in some ways, uh, you're competing with even like the Microsofts of the world in other ways.
John Coogan 3:02
And uh ultimately this just feels like, hey, let's like narrow the fronts. And uh I think a lot of people expected something like this for uh the last few months.
Jordi Hays 3:12
OTP in the chat is surfacing a very interesting old take from Ben Thompson about open AI should not be in the API business. And now, based on the way things look, it it it originally that was like, oh, wait, well, maybe Microsoft will be able to handle and scale the API demand. But API demand has been so huge and it's allowed Enthropic to develop such a solid business there that it's undeniable that open AI should also be. in the API business.

How is the San Francisco housing market showing signs of recovery?

Jordi Hays 3:38
Uh especially. Yeah, the the other side
John Coogan 3:40
of that is like they clearly need to be in the harness business too. Which is why Codex is
Jordi Hays 3:44
Yeah. Yeah, yeah. And so uh the the the the the hyperscaler, you like like your take of think about open AI as the new is the new hyperscaler.

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