● 08.19.23

Gemini version available ♊︎

●● The Rise and Fall of ‘Open’AI

Posted in Deception, Finance, Microsoft at 7:51 pm by Dr. Roy Schestowitz

Even Microsoft-sponsored sites openly admit it’s “hype”:

Image: Microsoft-sponsored: This week in enterprise: Gen AI hype, cybersecurity leaders and laggards, and Cisco’s tech spending boost

It’s still proprietary, centralised, and unprofitable:

Image: sam-altman-on-if-chatgpt-will-be-free-forever-v0-3bn3t7tp254a1

Back in 2019 it was a small startup (living off the backs of other people’s capital):

Image: 'Open'AI in 2019

This past summer it’s failing commercially and the number of users falls at double-digit (percent) rates:

Image: 'Open'AI this summer

Summary: Some ‘evil tongues’ in the media has begun speculating about ‘open’ (closed) AI shutdown and bankruptcy within months; alarmingly, the paid-for media hype (FOMO marketing tactics) is not sustainable, nor are the huge bills that the company sinks in (the “deal” with Microsoft was about faking "demand" for Azure, or as one might frame it, Microsoft basically buying Azure from itself to make media chaff and distract from mass layoffs of unprecedented scale)

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