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by rvz 628 days ago
This is a definitive bubble.

Inference and training costs with $0 free AI models such as Llama which is good enough for AI solutions are all factors that are actually impacting OpenAI. What is not mentioned is that all these costs are quietly suffocating them whilst the company continues to suffer from a significant talent drain.

Companies like OpenAI cannot afford to continue racing their prices down to $0 and will just continue the pyramid scheme of raising billions to avoid bankrupting themselves over the said costs.

These fund raising rounds of A,B,C,D....X,Y,Z can't go on forever as these costs continue to suffocate the company. If OpenAI fails, there will be a horrific AI crash with hundreds of billions of dollars wiped out.

1 comments

They're racing to AGI.
Just because they say it doesn’t mean we have to believe it.
Exactly.

At this point, AGI could mean anything, from taking the majority of people's jobs to enriching themselves and never achieving 'AGI' in the first place.

It is entirely possible that 'AGI' could be a massive lie and was all about capturing the wealth for a few people at the company.

Believe what they do; not what they say.