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AbrahamParangi | 2 months ago

Candidly, the accusation of short-sightedness doesn't really make sense when it comes to enthusiasm in a technology which often in practice falls short today but which in certain cases and in more cases tomorrow than today is worth tremendous business value.

If anything, you should accuse them of foolhardy recklessness. They are not the sticks in the mud.

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marcyb5st|2 months ago

Can a company like openAI be worth an estimated 1/5th of Alphabet, which offers a similar product but also has an operative system, a browser, the biggest video platform, the most used mail client, its own silicon to running that product, the 3rd most popular Cloud platform, ... ?

I think that is the recklessness in question. Throw in that there is no profit for OpenAI & co and that everything is fueled by debt and the picture is grim (IMHO)

swiftcoder|2 months ago

> and in more cases tomorrow than today is worth tremendous business value

That's a nice crystal ball you have there. From where I'm standing, model performance improvements have been slowing down for a while now, and without some sort of fundamental breakthrough, I don't see where the business value is going to come from

AbrahamParangi|2 months ago

The prerequisite for me to be wrong is that the technology needs to stop getting better entirely *right now* AND we need to discover ZERO new uses for what exists today.

That's a fairly tall order.

ForHackernews|2 months ago

Rushing to get on board something that looks like it might be the next big thing is often short-sighted. Some recent examples include Windows XP: Tablet Edition and Google Glass.

AbrahamParangi|2 months ago

That's like saying that gambling is shortsighted. It depends entirely on the odds as to whether or not it's wise, but "shortsighted" implies that making the bet precludes some future course of action.