Sam Bankman Fried had a good take on this when he was in conversation with Matt Levine before FTX collapsed. You and I might agree that OpenAI is misrepresentin

Sam Bankman Fried had a good take on this when he was in conversation with Matt Levine before FTX collapsed. You and I might agree that OpenAI is misrepresenting their product, that their real value is significantly lower than they present it, but in which way are we right? We might believe that their technology is worth 100 million dollars, but if they can convince Microsoft that it's worth 10 billion and get Microsoft to give them 1 billion in exchange for 10%, then they now have 1 billion dollars. The value of the technology doesn't change, it might be 100 million or it may be 0, but you don't get any money for assessing that value correctly. In a very real sense the economic system we have created means that the value of a thing is whatever people are willing to pay. If you can hype it up, it actually increases the REAL value of the thing.