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See, the AI funding frenzy is about extracting much more money from it in the future. IMHO it's like the 2000s internet when everything was funded by the VC and
by mrtksn 3y ago
See, the AI funding frenzy is about extracting much more money from it in the future. IMHO it's like the 2000s internet when everything was funded by the VC and the internet was amazing, only to turn into this money extraction racket of a few apps and websites dominating %90 of everything with no fun left. They banked on rent seeking by locking down everything, to the point that nothing new is being made in SV anymore and the only new big thing in that space came from China(TikTok) and Russia(Telegram).
Would suck badly if the people who fund the current AI revolution decide that it's time to recoup their investment. It's not that they are bad people, it's just that they are not doing it as a charity.
Also, OpenAI's rationalisation for switching from non-profit to for-profit revolves around the idea that AI research is very expensive because it requires huge amount of hardware and it's not feasible to raise the required capital for this as a non-profit.
There's the solution for OpenAI becoming open: CERN for AI. Money is provided with expectation of open research.