3 ms·
I feel like you aren't using the phrase "race to the bottom" correctly here. Generally a race to the bottom implies some kind of detrimental outcome for the wo
by TheMagicHorsey 4y ago
I feel like you aren't using the phrase "race to the bottom" correctly here. Generally a race to the bottom implies some kind of detrimental outcome for the world as a result of people failing to internalize externalities generated by a business.
- bottlepalm 4y agoIt has to do with commoditization and decreasing costs. Taking something technologically sophisticated and having it become open source and accessible so quickly is going from the top of the pyramid - big companies gate keeping betas, to the bottom - the public, available to everyone, cheaply. These companies are desperately trying to monetize this technology, but the value in terms of what people will pay is falling fast. It might not be a sustainable business model for OpenAI or anyone else for very long. Hence the race to the bottom - quickly make a buck before you can’t.