Earlier quoted context omitted.
I think investors would certainly love this. So why hasn’t it already happened? My guess: they would lose a ton of cultural cachet. Turning OpenAI into an ads business is basically admitting that AGI isn’t coming down the pipeline anytime soon. Yes, I know people will make some cost-based argument that ads + agi is perfectly logical. But that’s not how people will perceive things, and OpenAI knows this. And I think t…
Yup, it’s essentially an admission of failure. I think the people who were expecting AI to improve exponentially are disappointed by its current state, where it’s basically just a useful tool to assist workers in some highly specific fields.
A multibillion dollar failure is fine by investors. Altman hasn’t been peddling the AGI BS to them. That’s aimed at the public and policymakers.