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maskedpaki t1_j3tcteo wrote

Reply to comment by tatleoat in "Community" Prediction for General A.I continues to drop. by 420BigDawg_

you have it all backwards

generating long term hype is perfect for a tech startup for 2 reasons

  1. it overvalues the company based on long term potential. open ai only makes 60m in revenue. standard 10x multiplier would have it valued at 600m at the most. but its valued at 30 billion because of the hope that revenues will billions in the future

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  1. you dont have to keep your long term promises. if he makes a promise for gpt4 people will call him out when it fails. but saying AGI 2035 and chances are no one will care when its 2035 and he doesnt deliver since the whole field will be different by then.
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