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Is it so over for OpenAI? I just signed up for a Grok subscription for $7/month. Apparently the reasoning performance of their new model is on the same tier as ChatGPT-4o and Claude Sonnet. Image generation is best-in-class (using Flux). And of course it's much less neutered than the competition.
The miracles that OpenAI accomplished in the last 3 years now seem rather... commonplace. There's a lot of competitors at nearly the same level. Facebook's open-sourced AI, Llama 3.1, will commoditize the space. While it's not really feasible to run these models on your home computer (yet) it will be easy for smaller companies to buy compute and then sell Chat-GPT similar services. It will be a race to the bottom now.
OpenAI is running at a gigantic loss. I'm sure they were planning to capture a monopoly and then raise prices. That seems less likely to work now as their product is undifferentiated.
And the irony of Elon controlling a Chat-GPT similar is just too delicious. OpenAI management stole the IP of the non-profit for their own financial gain. Now open source is routing around the damage and rebuilding it all from scratch. I bet Grok's total development costs are like 1% of OpenAI's.
Are there any other industries that AI has really had an effect on aside from coding and graphic design? Search maybe?
I use it daily for these tasks and I think most people like me do, but are there other industries like this?
I've been hearing rumblings that it has made impact in the legal profession, big law firms are probably supplementing their paralegal staff, at least, and likely their attorneys.
We hear about the obvious ones that get caught fabricating caselaw wholesale, but I'd bet it's effective enough that most of the time no outsider notices.
https://www.floridabar.org/the-florida-bar-news/miami-dade-public-defender-is-using-artificial-intelligence-for-research-and-for-case-preparation/
I find it is excellent for small simple contracts. Want an NDA, a form for a leave of absence application, a privacy policy for a website, a small contract to sell a used car, a contract to hire the neighbors kid to work a bit during the summer as a tester or similar it works well. A will for a person who has simple finances or the paperwork that needs to be signed when checking into a hotel.
It is pretty great at coming up with domain/name combos for a business.
Chatgpt did a better job of explaining the swedish tax forms for me than the government website.
One thing I have realized after spending a few years in the startup scene is how legal expenses are a huge burden on a startup. Various contracts need to be drafted and they can cost thousands each. ChatGPT can draft these simple contracts.
Wouldn't it take the same amount of time to explain to ChatGPT what you want in the contract as it would to just write it yourself?
If you can dictate notes for the contract in about 5 minutes, you'll have a first draft from ChatGPT much more quickly than you could create one yourself, even using existing forms.
Teach it how to use you forms and it'd be even better.
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