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Notes -
I just had this epiphany the other day. In my mind it’s barely a step up from the mania of every Bitcoin sycophant. The value is marginal (but if bosses are convinced they can use it to axe employees the hype train will keep running), it’s massively damaging to the environment, the financing doesn’t work and the news cycle perpetuates the myth that this will get us to the techno-messiah that is AGI.
All of the links in this chain are so contentious and fanciful, it’s difficult to come to the conclusion that this isn’t a fraud on several levels. Add to that the aura and personality of someone like Altman as one of the people leading the train (who’s always given me the vibe of a con artist), I don’t see any other way this ends apart from it all coming down crashing; hard.
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