Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator

[MrPromey]

Is the end of 2026 here yet? Last I checked that was when his contract ends. And that by early 2026 they would make an announcement.

So unless something has changed they are still on schedule.

Yes, this is the time Bob really means it.

Please pardon our skepticism.

Of course, playing devils advocate, if the economy completely craters, I suppose it would be in-character for him to bail as quickly as possible at the onset... again.

You'd be able to take credit for being right, at least.

 

[Disney Irish]

What the naysayers were saying was that the business model was unsustainable and they were entirely correct.

If you'd like to point me to an archived article where anyone was saying the underlying technology was worthless, to prove your claim, be my guest.

Just because AI will survive doesn't mean the company Disney just dumped a billion dollars into will... or that what it comes out looking like on the other end will be relevant. Remember when Yahoo was poised to take over the world? Just because they managed to survive the bubble does not make them an example to strive for.

I'm not going to go down the rabbit hole of trying to find you articles from 30 years ago. You have an opinion, cool. Others got the point I was making, even agreeing with it and expanding upon it.

I also remember when Amazon was said to fail because it wasn't a viable or sustainable business model and never would be profitable, that no one wanted to buy stuff online as they rather go to a brick and mortar store to actually see the products. They not only survived they went onto be the largest ECommerce company on the planet.

 

[Disney Irish]

Yes, this is the time Bob really means it.

Please pardon our skepticism.

Of course, playing devils advocate, if the economy completely craters, I suppose it would be in-character for him to bail as quickly as possible at the onset... again.

You'd be able to take credit for being right, at least.

I mean according to your guy's timeline shouldn't he have already gotten his next extension by now. So what's the hold up? I mean if he is for sure sticking around then they might as well announce it, right? Right?

 

[monothingie]

Is the end of 2026 here yet? Last I checked that was when his contract ends. And that by early 2026 they would make an announcement.

So unless something has changed they are still on schedule.

We’re entering year 4 of Bob’s self proclaimed top priority of finding his successor.

You must have an excellent chiropractor considering the way you contort yourself.

 

[MrPromey]

I mean according to your guy's timeline shouldn't he have already gotten his next extension by now. So what's the hold up? I mean if he is for sure sticking around then they might as well announce it, right? Right?

I'm not sure who you think my "guy" is.

Do you think that everyone who doesn't agree with you are part of a monolithic think tank?

Having skepticism doesn't mean believing the polar opposite.

You do understand there is room for nuance, right?

I'm not saying bigfoot doesn't exist but I'm also not out there trying to convince people he does.

 

[flynnibus]

What exactly was your point?

That because SOME companies survived, all the naysayers were wrong?

His point was never about the companies... just like the people who are like 'ai is a fad' 'ai is a bubble' are not talking about the individual companies either.

The point is while the stock market bubble for investing in DotCom was the boom/bust.. the wave that those companies rode on was very real and persisted even after the bust. Just like AI is and will.

Separate the investment boom/bust topic from the technology and social shift that boom is around.

 

[MrPromey]

His point was never about the companies... just like the people who are like 'ai is a fad' 'ai is a bubble' are not talking about the individual companies either.

The point is while the stock market bubble for investing in DotCom was the boom/bust.. the wave that those companies rode on was very real and persisted even after the bust. Just like AI is and will.

Separate the investment boom/bust topic from the technology and social shift that boom is around.

So he's talking about AI in general and not Disney dumping a billion dollars into a single player while signing a deal involving the use of their IP that definitely seems to be riding the slop wave based on the Sora and ChatGPT examples used in the press release?

So his point doesn't really have to do with what the article is mostly talking about and what the rest of us are discussing?

Okay, sure.

 

[Disney Irish]

I'm not sure who you think my "guy" is.

You guys, as in the multiple people saying that Iger is staying.

Do you think that everyone who doesn't agree with you are part of a monolithic think tank?

Nope, but when the same trope is trotted out over and over about him not leaving, its hard to separate everyone.

Having skepticism doesn't mean believing the polar opposite.

You do understand there is room for nuance, right?

I'm not saying bigfoot doesn't exist but I'm also not out there trying to convince people he does.

Of course there can be nuance. But its hard to have nuance when the stance is "Bob isn't leaving even though he says he is".

Also nothing wrong with skepticism. But this goes beyond that, especially for the poster I responded to.

 

[flynnibus]

So you're predicting this will be the thing that turns the stock around?

If you believed this thread the announcement was like announcing a deal to buy a bridge in brooklyn because AI is a con. Meanwhile, investor relations angles all reflect otherwise. Any company right now who can associate themselves with the rocket ships are getting a boost. Fact. Never said anything about long term. The auroa effect is good right now.. and if you were to advocate for a 'zero AI' stance.. you're gonna tank yourself.

 

[flynnibus]

So his point doesn't really have to do with what the article is mostly talking about and what the rest of us are discussing?

Well the receipts show we (including I) were having a discussion and you jumped in after the fact... so I think I'm sticking with my interpretation of what was being discussed.

I mean.. it's in the first post on the thread topic..

Things will change, and some will not survive, but AI is here to stay.

 

[Disney Irish]

So he's talking about AI in general and not Disney dumping a billion dollars into a single player while signing a deal involving the use of their IP that definitely seems to be riding the slop wave based on the Sora and ChatGPT examples used in the press release?

So his point doesn't really have to do with what the article is mostly talking about and what the rest of us are discussing?

Okay, sure.

If you followed along with the thread instead of just cherrypicking my post you wanted to comment on, then you'd know this whole thread has been beyond just the article and discussing AI in general.

 

[MisterPenguin]

AI is here. You swim with it or drown in it.

AI can be both a bubble and the future.

AI is a Wild West of technology. All we need is sensible public leaders who understand it and create responsible international laws and enforcement .

 

[networkpro]

But Doesn’t this make Bob look like the big tech CEO that he always wanted to be?

Nope, more like a drunken sailor on payday liberty spending all the money in his pocket.

 

[MrPromey]

I'm not going to go down the rabbit hole of trying to find you articles from 30 years ago. You have an opinion, cool. Others got the point I was making, even agreeing with it and expanding upon it.

I also remember when Amazon was said to fail because it wasn't a viable or sustainable business model and never would be profitable, that no one wanted to buy stuff online as they rather go to a brick and mortar store to actually see the products. They not only survived they went onto be the largest ECommerce company on the planet.

Interesting you say that. I assume you're aware that the bulk of Amazon's revenue is not in retail, right?

 

[MisterPenguin]

I, for one, look forward to all the Spider-man and Elsa shorts.

 

[MrPromey]

Nope, but when the same trope is trotted out over and over about him not leaving, its hard to separate everyone.

When Bod says over and over that he's leaving and then he doesn't leave, time and time again... and then when he finally does, it's under the cover of night before coming back and doing nothing to improve the stock... doesn't that at least give you pause?

But I mean, you're right - he does have to leave some day, either on his feet or on his back. Maybe you'll be the villager still listening when the wolf actually comes for the boy.

Of course there can be nuance. But its hard to have nuance when the stance is "Bob isn't leaving even though he says he is".

I can't decide what to go with here. I'm stuck on "Fool me once..." and "even a broken clock is right twice a day" - not to you or what you're saying but to the guy we're supposed to believe.

Personally, I'll believe when the successor is announced and not a day before.

 

[Disney Irish]

Interesting you say that. I assume you're aware that the bulk of Amazon's revenue is not in retail, right?

Last I checked ECommerce is still close to 40% of its revenue.

But yes I’m aware that AWS makes up a majority of the rest.

 

[monothingie]

I, for one, look forward to all the Spider-man and Elsa shorts.

It was as if millions of shippers cried out at once…and then *Censored*

 

[MrPromey]

I, for one, look forward to all the Spider-man and Elsa shorts.

No need to wait - I got you!

Spiderman

Elsa

 

[MrPromey]

You guys are playing checkers, Bob is playing 4D chess.

This whole AI thing is really just so he can upload himself into the cloud and live forever. That way you guys can claim he is ruling the universe from the grave when he finally shuffle off this mortal coil. So don't you see he is trolling you guys, and will be forever.

... I'm listenin'