Earlier quoted context omitted.
This is the best description of the current state of affairs. But who is going to risk not invest on what could be another possible major breakthrough in 3 to 5 years? Either from a GPT5 or another source? It's not like all the brainpower that left OpenAI recently, suddenly converted to farming... At least load on NVIDIA options....
It feels a bit like the 1999 dot com bubble. The internet was real but valuations got ahead of the reality.
The AI Revolution Is Already Losing Steam
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Re: The AI Revolution Is Already Losing Steam
#102Earlier quoted context omitted.
This is the best description of the current state of affairs. But who is going to risk not invest on what could be another possible major breakthrough in 3 to 5 years? Either from a GPT5 or another source? It's not like all the brainpower that left OpenAI recently, suddenly converted to farming... At least load on NVIDIA options....
Banks that didn't have FOMO in the run up to 2008 didn't end up in bankrupt from it. Investing from a place of fomo is a bad sign.
Re: The AI Revolution Is Already Losing Steam
#103It’s the best demo-able software today that lets the customers’ minds go wild with the possibilities. But then the nuances of human abilities in commercial settings, like call center, become realities and obstacles that the software can’t surmount. Costs rise, productivity not so much, and then legal gets involved and it’s even more costly.
This is the best description of the current state of affairs. But who is going to risk not invest on what could be another possible major breakthrough in 3 to 5 years? Either from a GPT5 or another source? It's not like all the brainpower that left OpenAI recently, suddenly converted to farming... At least load on NVIDIA options....