Earlier quoted context omitted.
The point about the economics of running these models is an important one that slides under the radar a lot of times. The training costs for large language models like GPT are enormous, and the inference costs are substantial too. Right now things like ChatGPT are very cool parlor tricks, but there's absolutely no way to justify them in terms of the economics of running the service today. Obviously this is all going…
+1 For a group of people on a site frequented by startup people, did nobody read the terms of MS's investment into OpenAI? "Microsoft would reportedly put down $10 billion for a 75% share of the profits that OpenAI earns until the money on the investment is paid back. Then when Microsoft breaks even on the $10 billion investment, they would get a 49% stake in OpenAI. These are not the terms you would take if, tomorro…
> Microsoft would reportedly put down $10 billion for a 75% share of the profits
> that OpenAI earns until the money on the investment is paid back. Then when Microsoft
> breaks even on the $10 billion investment, they would get a 49% stake in OpenAI.
To put that in perspective, which is often difficult with large sums of money like this, $10 billion is _half_ of what Facebook paid for Whatsapp.