I’ve been an AI realist from the start. What can the models actually do? What are the limitations? Ultimately, I think there is a place in the market for them - for people who understand the limitations of them and know when they’re spewing BS.
I am not shocked at all that OpenAI (and Microsoft being one of it’s largest shareholders) is burning cash and suddenly is realizing it may not be able to make good on it’s promises. AI reality vs AI hype. Us actual tech people have known since the beginning this was all hype, now finance people are starting to notice (about time).
Finance people who understand the system don’t make the money on the assets, but on their trade. They really don’t care up or down or implode.
“Investors” who buy “assets” in a deregulated environment like this are just moronic gamblers in a liar’s casino where the only axiom is “Everybody cheats”.