I'm not a financial advisor. This is not financial advice but here's what I would do if I was a newbie investing long term:

Buy Google and Microsoft stock regularly. Then just wait.

You want to invest in the major players who own the market or who are innovating.

How much tangible return you see depends on your risk tolerance, your goals, and how long you hold.

Don't expect to get rich fast.

@ragedsycokiller

Pray

Bruh I see finance and tech bros cheering on Microsoft getting their W

For gaming I didn't give af because it's just entertainment. With AI though... idk man

Microsoft's stock dropped after the news hit that Sam was fired so for Satya to turn this L into a W is good for those who own Microsoft's stock or want to see the market go up.

It's also good for people who want to see a faster advancement in AI + pro tech

If you are more cautious about AI, then this could be bad news because Microsoft wants to make profits and be at the forefront of AI. They aren't too concerned on whether it's "safe" right now.

lol yea the board f***ed up big time.

Their actions probably just sped up the commercialization of AGI.

NEWS

Customers Consider Defecting to Anthropic, Google, Cohere

theinformation.com/articles/openais-customers-consider-defecting-to-anthropic-google-cohere

"More than 100 OpenAI customers contacted OpenAI competitor Anthropic over the weekend, a startup that has raised billions from both Amazon and Google in recent months, according to someone familiar with the situation. Others reached out to Google Cloud and Cohere, an OpenAI startup rival, said people with knowledge of the situation. OpenAI investors on Monday, though, were holding out hope that Altman could return to OpenAI, according to people familiar with the matter."

Don’t buy individual stocks. You’re never going to beat the market (99% of hedge funds- who have way more information and capital that you - don’t). You’re much more likely to lose to the market as an individual investor.

Buy broad market index funds to keep up with the market and inflation. Ie VT or a combination of VTI and VXUS

Have any if these good ai companies IPOd yet

I feel the next tsla coming and if we get a bull market to go with it

No

They're in the early stages. There's a whole process a company has to go through before they IPO.

Alot of them are just trying to catch up to OpenAI

UPDATE:

700 of 770 OpenAI (More than 90%) employees saying they will leave the company now unless changes met

I done told yall what was up

They not making money

People will pay for chatgpt

They should make us pay just like Google colab

3 non employees vs 700 employees

Dawg I've never seen such d***riding before. So is Sam in the right trying to make the company profit driven?

I don't know whose "right" in this situation but his employees really seem to trust him and want to work for him.

If the board was more transparent about why they fired Sam in the first place, then maybe the backlash wouldn't be so huge.

But right now, they trust Sam more than they trust the board.

get sam and greg outta here.

UPDATE:

Sam Altman is still trying to return as OpenAI CEO

"Sam Altman’s surprise move to Microsoft after his shock firing at OpenAI isn’t a done deal. He and co-founder Greg Brockman are still open to returning to OpenAI if the remaining board members who fired him step aside

Altman, former president Greg Brockman, and the company’s investors are all trying to find a graceful exit for the board, says one source with direct knowledge of the situation, who characterized the Microsoft hiring announcement as a “holding pattern.”

theverge.com/2023/11/20/23969586/sam-altman-plotting-return-open-ai-microsoft

I'll accept "number go up"

Matt Levine talked about it in his column.

archive.is/drJgZ

Highly recommended

On Friday, OpenAI’s nonprofit board, its ultimate decision maker, fired Sam Altman, its co-founder and chief executive officer, saying that “he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.” Apparently the board felt that Altman was moving too aggressively to commercialize OpenAI’s products like ChatGPT, and worried that this speed of commercialization raised the risk of creating a rogue artificial intelligence that would, you know, murder or enslave humanity.2

This is where it pains me. They did their job. But M$ just had to shove its d*** in lol

Pressed on whether Altman and the hundreds of OpenAI employees threatening to resign will actually join Microsoft, Nadella responded “that is for OpenAI board and management and the employees to choose,” before explaining Microsoft already has its own AI capabilities, a message clearly meant to calm jittery investors and worried OpenAI customers.

Nadella on the board:

"I think we will definitely want some governance changes. Surprises are bad and we just want to make sure that things are done in a way that will allow is to continue to partner well. This idea that somehow suddenly changes happen without being in the loop is not good and we will definitely ensure that some of the changes that are needed happen and we continue to be able to go along with the partnership with OpenAI."

theverge.com/2023/11/20/23970100/sam-altman-microsoft-openai-satya-nadella-interview