I don't think AGI is right around the corner

I _hope_ AGI is not right around the corner, for social political reasons we are absolutely not ready for it and it might push the future of humanity into a dystopia abyss.

but also just taking what we have now with some major power usage reduction and minor improvements here and there already seems like something which can be very usable/useful in a lot of areas (and to some degree we aren't even really ready for that either, but I guess thats normal with major technological change)

it's just that for those companies creating foundational models it's quite unclear how they can recoup their already spend cost without either major break through or forcefully (or deceptively) pushing it into a lot more places then it fits into

I agree and sincerely hope this bubble pops soon

> Meta Invests $100 Billion into Augmented Reality

that fool controls the board and he seems to be just desperately throwing insane ad money against the wall hoping that something sticks

for Altman there is no backing out either, need to make hay while the sun shines

for the rest of us, i really hope these clowns fail like it's 2000 and never get to their dystopian matrix crap.

"that fool" created a $1.8 trillion company.

I’m always fascinated when someone equates profit with intelligence. There are many very wealthy fools and there always have been. Plenty of ingredients to substitute for intelligence.

Neither necessary nor sufficient.

You can be a wealthy fool who inherited money, or married into it. It is also possible to be a wealthy fool who was just in the right place at the right time. But I would guess that people who appear to have "earned" their money are much less likely to be wealthy fools than those who appear to have inherited/married into it.