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by wallaBBB 1173 days ago
This is not going to end well.
4 comments

Hope this bubble gives us at least two unicorns that don't enslaved poor people for a cut.
I'm sure everything will be just fine once the unicorns don't have to hire any labour more skilled than data entry but less skilled than a senior software engineer, and there's no feasible way for workers to exert pressure.
Where’d the VC return be on that
Unicorns usually become unicorns for a reason, right?
Eh, some will pivot and some will die, like always.

Maybe it's a good way for YC/HN to find out which things don't work, in a short span of time.

It is per design. One in hundred becomes a unicorn.
Which is not necessarily a good thing. The one that becomes a unicorn generally does not bring a lot to society. Would be nice to invest in constructive projects for a change.
There is a nie essay from PG about how venture funding kind of has to work this way. Also speaking from experience of a friend who tried it other ways.

If you want >90% of projects you invest in, you need to invest in conservative fields, and grab 30-70% very early on, because your returns will be way lower.

As for not bringing anything to society - you mean to say that tech field and our startups didn't bring worth to society? Seriously?

> you mean to say that tech field and our startups didn't bring worth to society? Seriously?

Wanna talk about surveillance capitalism? Ultra consumerism? The biggest startups in the world have created a world where the goal is to win people's attention to sell ads. The goal of startups today is not to make good and useful products, but to sell stuff. Usually it means that time to market is more important than quality. Remember fitbit? "Doesn't matter if the product is crap, as long as it is cheap".

Not everything is bad, but I think we can definitely wonder if the world wouldn't have been better off without those startups.

In what way?
Definitely not as some grim prognosis of AI ruling or something like that. More in a sense of seeing many of these startups popping up to take advantage of the AI hype, although most of theme being quite late to the party. And market traditionally overestimating the potential of AI an the crash that will follow.
One possible way it could end badly would be if OpenAI ramped it's pricing up to the point where it takes away most of those company's chances of ever being profitable.

I'm not saying it's going to happen, and I hope it doesn't, but when I did a little analysis for an idea I have it was absolutely the biggest threat I could see. OpenAI has the ultimate vendor lock-in - there literally isn't an alternative right now.

(This is a giant opportunity if you're a billionaire investor. Providing an AI backend is probably the next cloud infrastructure. OpenAI is going to be the AWS of that industry, but there's room for an Azure or a GCP too.)

There's really no point in worrying about OpenAI shutting down their API or pricing you out. It may happen but very unlikely that it will be suddenly and soon.

Yes, keep it in the back of your mind and design your systems in such way that when the time comes replacing the GPT doesn't require rewriting your entire codebase.

Your immediate #1 priority in such competitive market should be to execute your idea and get paying customers, then you deal with breaking off OpenAI.

OpenAI’s moat is not _that_ big in the grand scheme of things.

You can train GPT2 in a couple weeks on a dozen GPUs. Sure, it’s a lot worse than GPT4, but not insanely behind and the community is fast.

Same for RLHF. It is for sure fine engineering, but not unreachable for a motivated and competent bunch.