Entire categories of startups got killed today by OpenAI at DevDay. It was total carnage for AI startup founders as @sama threw one new feature after the other at them. Here are some startup categories that won’t exist starting tomorrow: 1. Closed Source LLMs: OpenAI launched… Show more

Goldman Sachs recently issued a report called "GenAI: Too Much Spend, Too Little Benefit?" savaging the industry, with GS' Jim Covello saying that there's limited upside, and that it's incapable of solving the complex problems that would make it worth it. https://t.co/WGqeMotPsq... See more

The new hires took advantage of Xerox’s abundant resources and loose oversight to creatively interpret Goldman’s definition of “data processing technology,” pursuing projects inspired by Doug Engelbart’s ideas about augmented intelligence and by hacker culture more generally. Engelbart’s SRI operation had drifted after the great demo—investors coul

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The AI-risk community has also learned that novel corporate-governance structures cannot constrain executives who are hell-bent on acceleration. That was the big lesson of OpenAI's boardroom fiasco. “The governance model at OpenAI was supposed to prevent financial pressures from overrunning things,” Ord said. “It didn't work. The people who were me

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