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Motley Fool Hidden Gems Investing

Is This The Beginning Or The End Of OpenAI?

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 20 November 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

With the dust still not settled, what could be next for Microsoft and OpenAI? (00:13) Bill Barker and Deidre Woollard discuss: - Winners and losers in the OpenAI schism. - If anything will slow the pace of AI. - What former Cruise CEO Kyle Vogt might do next. (17:55) Ryan Severino, chief economist at BentalGreenOak, part of the alternative assets business at Sun Life, talks with Deidre Woollard about the latest in commercial real estate. Companies discussed: MSFT, NVDA, GM, GOOG, GOOGL Claim your Stock Advisor discount here: www.fool.com/mfmdiscount Host: Deidre Woollard Guests: Bill Barker, Ryan Severino Producer: Mary Long Engineers: Dan Boyd, Tim Sparks, Austin Morgan Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Open AI's drama is a must follow. Motley Full Money starts now.

0:18.0

Welcome to Motley Full Money. I'm Deedra Willard here with Motley Fool analyst Bill Barker. How you doing today, Bill?

0:19.0

I'm well, thanks.

0:20.0

I don't know about you, but I think I spent my entire weekend thinking about

0:24.0

Sam Altman former now CEO of open AI so I want to catch people up on the saga just

0:29.6

in case they missed it and weren't glued to every sort of Twitter or whatever this over the

0:34.9

weekend like I was so Friday the open AI board they fired Altman very

0:39.4

surprised move they named their chief technology officer Mira Marotti as interim CEO and

0:44.9

then over the weekend there was all this back and forth that the investors including

0:48.3

Microsoft thrive capitals some of the other companies they were trying to get Altman

0:52.1

and the board to kind of work it out.

0:55.4

Then Sunday night it was announced that a former Twitch CEO, Emmett Cheers, the new CEO at Open

1:00.2

AI, Sam Altman now has left, along with former Open AI President, Greg Brockman, some of the

1:07.3

other colleagues joining Microsoft.

1:09.2

So this, the most, really it's kind of what people consider the most important private company right

1:15.1

now had this massive schism.

1:17.3

How important is this?

1:18.3

Well you spent all weekend thinking about it, so you must know more about it than I did.

1:22.3

It feels pretty important to me. How important is this to the market

1:26.2

at large? Not at all. Not yet. You know, markets up a little bit today, nothing too meaningful.

1:32.1

I mean, it's very important to all the players

1:34.9

and the exact track that things will play out.

...

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