This is a weird fantasy among the literati that AI is a "scam", that we can "expose" them with lots of palace intrigue coverage and SBF or Elizabeth Holmes them away and then everything will be right in the world. Some of the best models are Chinese and Open-source and so-so good and Sam Altman is wholly irrelevant to them.

Some folks are in for a very rude awakening.

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goldenarm a minute ago | parent | next [-]

Stealing every intellectual property on the planet to build a plagiarism machine that is wrong 10% of the time, could be interpreted as a scam by many folks.

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jgalt212 38 minutes ago | parent | prev | next [-]

On a certain level it is a scam. AI slop, vibe coding, tokenmaxxing, blaming employee layoffs on AI, pretty much any comment CEOs make about AI, etc.

	▲	standardUser 21 minutes ago \| parent [-]
		Jargon isn't a scam. I get more and better work done with AI, to my own satisfaction and to the benefit of my employer. People using dumb terms to describe this doesn't make it less true.

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metalliqaz 39 minutes ago | parent | prev | next [-]

Rude how?

The fact that Chinese open weight models are useful does not really say anything about whether AI is hyped well beyond its actual worth, or whether the technology will be used for benevolent or nefarious purposes by American oligarchs.

	▲	pj_mukh 36 minutes ago \| parent [-]
		"AI is hyped well beyond its actual worth, or whether the technology will be used for benevolent or nefarious purposes by American oligarchs." This article is asking none of those questions. It's mostly a high school gossip column about what was said and with what tone and who used Butt pillows by The New Yorker, it reeks of desperation. If they could just find something nefarious on Sam Altman or show him in a bad light that sticks, they could fix it all and make AI go away. My point stands, they're in for a Rude awakening.

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dude250711 28 minutes ago | parent | prev [-]

Trying to justify current valuations by misrepresenting current model capabilities is a scam.

A fair valuation of ~$5B each for Anthropic and OpenAI for the occasionally useful tools that they had created would be more reasonable.

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heipei 10 minutes ago | parent | next [-]

$5B valuation on a $30B run rate for Anthropic?

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trotro 18 minutes ago | parent | prev | next [-]

These companies are selling subscriptions for what is basically AGI, yet you think they should have the same valuation as Crocs (yes, the footwear company) ?

	▲	grey-area 7 minutes ago \| parent \| next [-]
		It’s nowhere near AGI, and LLMs are not going to lead to it either. They do seem to be good at fooling people though.
	▲	ru552 2 minutes ago \| parent \| prev \| next [-]
		Regardless of the marketing material, LLMs are still just using probabilities to guess what the next token is.
	▲	root_axis 8 minutes ago \| parent \| prev \| next [-]
		> These companies are selling subscriptions for what is basically AGI This type of rhetoric is exactly why people think it's a scam
	▲	monocasa 15 minutes ago \| parent \| prev \| next [-]
		> These companies are selling subscriptions for what is basically AGI That is the point under contention.
	▲	trollbridge 3 minutes ago \| parent \| prev [-]
		... where can I get a subscription to this AGI?

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avarun 22 minutes ago | parent | prev | next [-]

Lol. What exactly have you based this "fair valuation" off of? Vibes?

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varjag 17 minutes ago | parent | prev [-]

Come on. LinkedIn was bought for 6B.