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What do these investors know that we don’t? Are they just too deep in now to quit? I get that AI is extremely useful. But the idea that OpenAI can 1) create a

What do these investors know that we don’t? Are they just too deep in now to quit? I get that AI is extremely useful. But the idea that OpenAI can 1) create a much more powerful superhuman AI and 2) also keep the way of making it secret from competitors long enough to make all the money seems doubly unlikely.

protimewaster 11mo ago
Part of me thinks that nobody wants to be the one that pops the bubble, so it's safer to just play along and throw in a few hundred billion here and there.
shaboinkin 11mo ago
From watching talks by the various US think tanks (CSIS, CFR, Hudson, etc), the common theme whenever the topic of AI is brought up is that the US is in strategic competition with China where it essentially boils down to economic superiority where the idea is to have US technology spread globally and not China’s. Oh and military application of AI. I have a hunch the hyper won’t slow down anytime soon if these groups who have the eyes and ears of the government are suggesting to go full steam ahead in the technology.
webdevver 11mo ago
what else is there to invest in?
zamalek 11mo ago
AI is currently summoning market activity during what should be a recession. Now this bubble isn't only filled with hot air, it's also filled with sewage. Short-term gains are great, though!
martindbp 11mo ago
What they are seeing is insane user and revenue growth. It's that simple. ChatGPT has like a billion users, and it came out 3 years ago. And then AI is getting better every year in a way that internet companies like Google or Facebook didn't. Google peaked very early in terms of usefulness, then it just spent decades monetizing it. AI is not even funded by ads, people are actually paying for it. It's really hard to get people to pay for something. I don't know if the investors will get a nice return, but given the numbers they're seeing I understand why they're doing it.
lm28469 11mo ago
FOMO must play a massive role in it.
pezgrande 11mo ago
My theory is they will keep funding it until IPO then cash-out.
zrn900 11mo ago
> What do these investors know that we don’t? That they can shake a lot of fools' money before the eventual crash happens.

protimewaster 11mo ago

Part of me thinks that nobody wants to be the one that pops the bubble, so it's safer to just play along and throw in a few hundred billion here and there.

shaboinkin 11mo ago

From watching talks by the various US think tanks (CSIS, CFR, Hudson, etc), the common theme whenever the topic of AI is brought up is that the US is in strategic competition with China where it essentially boils down to economic superiority where the idea is to have US technology spread globally and not China’s. Oh and military application of AI. I have a hunch the hyper won’t slow down anytime soon if these groups who have the eyes and ears of the government are suggesting to go full steam ahead in the technology.

webdevver 11mo ago

what else is there to invest in?

zamalek 11mo ago

AI is currently summoning market activity during what should be a recession. Now this bubble isn't only filled with hot air, it's also filled with sewage. Short-term gains are great, though!

martindbp 11mo ago

What they are seeing is insane user and revenue growth. It's that simple. ChatGPT has like a billion users, and it came out 3 years ago. And then AI is getting better every year in a way that internet companies like Google or Facebook didn't. Google peaked very early in terms of usefulness, then it just spent decades monetizing it. AI is not even funded by ads, people are actually paying for it. It's really hard to get people to pay for something. I don't know if the investors will get a nice return, but given the numbers they're seeing I understand why they're doing it.

lm28469 11mo ago

FOMO must play a massive role in it.

pezgrande 11mo ago

My theory is they will keep funding it until IPO then cash-out.

zrn900 11mo ago

> What do these investors know that we don’t? That they can shake a lot of fools' money before the eventual crash happens.