It's scary though. Many commenters are only discussion about the business opportunities and path to profitability, but if we step back and stop to think for a while what GPT-3 level tech enables us to do. Robocalls, spam articles and bot generated forum posts are already all too common and while not totally impossible to distinguish, I fear that this level of text generation will only make matters far worse.
I'm personally a moderator on a 300k user subreddit which is basically 90% text and very little links, no images or videos, and we are already facing challenges with distinguishing botted marketing campaigns. I fear that in the future it will be even harder to distinguish if you're actually talking with another human being on example a support chat or customer service. The future looks like a Blade Runner esque dystopian landscape of diminishing individuality.
I'm doubtful that any attempts at regulating or containing the possible issues would be possible as the barrier for entry has never been lower. Anyone with a decent gaming PC these days can start training their models in mere hours or days.
Am I being paranoid? Maybe. Like said, I'm out of the loop and I would definitely love to hear some halming words quenching my fears.