At best OpenAI is offering a zero value asset. At worst they're going to use the share offering to solicit bailouts later.

No, it means they left their jobs and stopped looking for new ones. Which is muddled by the fact that some forms of self employment may show up as this sort of behavior, depending on whether its under-the-table type work.

If AI and robots are taking people's jobs such that they aren't wanted for new employment, it would certainly be consistent with large numbers of people dropping out of the workforce.

Exactly, OpenAI is in debt and produces no profits. It looks like they're trying to shift debt onto the public.

We moved off on-prem VmWare to Azure cloud. VmWare had a workload management function called VmMotion - to automatically pauses and move VMs between hardware blades, supposedly without skipping a beat. But VMotion used to break cluster management software we ran. So our admins turned it off for susceptible VMs - those stayed 'sticky' on the blade they spun up on.

  As we moved to Azure, I asked how we could avoid a similar situation. Turns out Azure has a similar 'feature' called 'Live Migration'. The difference is you cannot turn off 'Live Migration'. Microsoft uses it when it wants to. Thankfully, our cluster management software was fixed/desensitized by the time we moved to Azure.

Despite that, I think the on-prem VmWare was at least a couple times more stable than Azure.

We all know you ain't bankrolling it yourself, and the people you seem to think will pay for all this wont.

Nobody's pursuing such initiatives. Doing so would be even more expensive than net zero emissions policies.

So theft of physical mail involving thieves putting sticky rods in mailboxes is now common. And the banks are denying their responsibility to detect check alteration. And your response is to blame the victim! Do you not realise the societal breakdown this implies? Has the frog been boiled that well?

Elon doesn't actually have that much in cash. Most of his net worth is tied up in assets that would probably lose considerable value if someone killed him and confiscated his property.

For now it's a thousand here and a thousand there. Also the cited $500 million is a research grant not intended to help anyone actually losing their jobs. But $500 million would go a long way to help some laid off employees start their own businesses. Just not all of them. If the program were successful on a small scale, it would need more funding in the future.

Yeah focusing on small business startups would probably be the smart play, especially if it involves hiring a lot of other displaced workers.

Okay but people are already losing their jobs now. Also humanoid robot production is scaling up considerably while cost/unit is plummeting. It isn't just tech bros that will feel the pinch.

If workers are actually being displaced by AI, then $500 million would be a nice start towards a fund intended to help displaced workers taking lower-paying jobs and/or starting businesses of their own (where they could potentially hire other displaced workers to do something else).

At the same time, I'm sure some wage slave making $15/hr or less will be thrilled to see a laid-off tech bro working next to him getting incentive pay just to take the job. So maybe the emphasis needs to be on small business startups rather than placing people in existing industries.

In any case, handing money over to a bunch of pundits, politicians, and focus groups to study the problem is likely the second-least method for dealing with the problem of AI disruption.

This!

Get some sense into you cops. That is a human just like you. Unless he's a suspected suicide bomber approach him with caution and sympathy

So, because blackbox AI wasn't sloppy and incompetent enough, we now have AI middle managers.

Remember Murphy's law of delegation: "Teamwork is essential; it allows you to blame someone else when things go wrong."