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Ask HN: Is anyone else bearish on OpenAI?
The underlying technology of LLM's and stable diffusion is an interesting topic that does have some useful applications and should be studied more, I just don't see this company (or any others for that matter) GPTing their way to AGI within our lifetime, or being able to create significant value for investors after the hype fades.
This feels a lot like crypto where everyone is very excited about a new technology that very few people really understand, and are jumping on the bandwagon without asking any questions.
It's also very much like crypto where for every one person doing something useful with it, there are 20 trying to exploit the newness and low comprehension the general public have of the tech such as:
- Trying to cash out on a ChatGPT wrapper company
- Creating the nth "AI powered custom chat bot but for x vertical"
- Using it to cheat on school assignments or interviews
- Gluing together as many different "AI" services as possible to create a no touch business and sell low effort products
I'm not saying the company will go bankrupt but I'm also not buying into the hype that it's going to become the next Google or better / create AGI for us all.What am I missing here?