OpenAI raising $40B at a $300B valuation in record funding round (opens in new tab)

(calcalistech.com)

1 pointstalboren0y ago3 comments

3 comments

At what point are we going to realize we've destroyed pretty much everyone's hope of living in this world. If all the money is going to a handful of companies and the employ 500 people, then it doesn't matter how much we're innovating. We're going to live in a wasteland. Without a robust middle class, the economy will be destroyed.

farseer0y ago

LLM's will become a commodity, open to benefit all and OpenAI hype machine will fade away. There is no need to draw such drastic conclusions.

rvz0y ago

> LLM's will become a commodity,

We know it will become a commodity but that is not the point.

It is the lasting effect of what happens AFTER when an AI system is able to mass replace the typical knowledge worker in multiple industries that have high economic importance close to $0 or for free. open-weight or closed.

There are hundreds of unanswered questions in regards to the economics of this and not even the OpenAI researchers have any viable solutions on what will happen.

> OpenAI hype machine will fade away.

No. ChatGPT is akin to Google, and billions will continue to use it.

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