Googlers discusses the downfall of Stability AI, the founder’s lies, and why the company will not be saved. Show hosts Joe (Eng VP) and Jordan (M&A Deal Lead) worked at various companies from Google, Apple, Facebook, Microsoft, Salesforce, Slack, Carta, Splunk, Wealthfront, Adobe, Microsoft, and more.
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Chapters
00:00 Overview
00:45 Stability AI Financial Mismanagement and Overspending
08:30 Nvidia CEO Called Emad On His BS
09:36 Investors’ Loss of Confidence
16:53 The Downside of Venture Capital Funding
20:28 Burning $153M Per Year & Nepotism
26:13 Lying About Raising Money From Google, Nvidia, Amazon, etc.
28:25 Comparing OpenAI, Inflection AI, And Stability AI
30:32 Robbing From Pension Funds
32:35 Stabilities Poor API Support & Reselling GPUs
39:00 Stability AI Copyright Lawsuit Issues
40:50 Lunatics At Stability Think M&A Will Save Them
47:13 48 Laws of Power & Emad’s Cult
50:35 Emad on Peter Diamandis Podcast
53:27 Emad Thinks He’s A Visionary
55:44 Emad Lying About Stable Diffusion
57:50 His National AI Model Kookiness
1:01:11 Emad’s God Complex & Being A Control Freak
1:05:10 Emad Knows “So Many Geniuses”
1:07:00 Emad BSing About His Whitepaper
1:07:40 SVIC Community Shout Outs
1:08:20 Streisand Effect by Lex Fridman on Huberman
#ai #stablediffusion #openai #chatgpt #venturecapital
