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> zero commitment/loyalty Ah yes, those pesky researchers and their loyalty. Is it truly that astonishing that current valuations may have something to do with

• mattlondon 3y ago
  Well that is my point. Get 100B valuation and funding, everyone awards themselves 10mn bonuses then quit the next day to set up LibreAI or something and all that investment money has just dried up - there is nothing actually there if you are just investing in staff who have shown they'll just leave at the slightest provocation (and presumably have contracts that allow what we saw with the recent debacle to actually happen - i.e. 99% of staff just move to a new employer and carry on like nothing happened and legally that is all 100% ok (both employment law but also IP law etc, they can just keep working on the same stuff)) If there is no "moat" to prevent someone just starting a competitor on Monday morning and instantly having the same capabilities/technology/model/weights, what are you actually investing in, apart from hype?