I'm Now Terrified of AI, And You Should Be Too | by Will Lockett | in Predict

OpenAI has raised $6.6 billion of investment from Nvidia , Microsoft , Softbank , and Thrive Capital at a valuation of $157 billion .

The company is set to post a $5 billion loss by the end of the year , and their AI development program costs are set to soar from around $3 billion per year to well over $7 billion per years.

Even with these funds, there is plenty of evidence that, even with the funds, OpenAI can't manufacture these improved models and can't reach profitability.

OpenAI has gathered billions of lines of text from the internet to train its ChatGPT models.

As you train an AI on this content, it progressively gives more weight to these nonsensical trends, and eventually, the entire statistical model the AI is based on collapses.

To prevent this from occurring, OpenAI and other AI companies have turned to high-quality sources, like books or video transcripts.

AI is a symptom of the rot at the core of our modern society, says Will Lockett .

It devalues and dehumanises work by drowning out the competition.

This enables the near-monopolies these investors have gigantic stakes in to no longer have to work their arses off to keep offering better services to stay on top.