My personal opinion on society, is that many many businesses have massive inefficiencies and could be wiped off the map if people understood those weaknesses. But there is a culture of "that CEO is so smart, no chance you could compete". Reality is, they are just hiring random people with fancy degrees. I bet most OpenAI "ai engineers" have no clue how low level GPU CUDA programming even works. They are just tweaking pytorch configs, blowing billions on training.
In the past, tech got away with the above because capital meant if you hired enough people, you ended up with something valuable. But AI levels the playing field, reducing the value of capital and increasing the value of the individual contributor.
My opinion is that organizing capable people to accomplish goals is incredibly difficult, and that includes keeping a business running. Inefficiencies are unavoidable, even among engineers instead of "engineers."
Right but traditionally the difficulty in organizing people is solved with money. Just keep hiring until the product gets done. Thats what we saw here, OpenAI wanted 500 Billion! Reality is the money wasn't necessary, what they really needed was innovation. AI will obsolete people that solve problems with brute force money, which is the modus operandi in VC backed startups.
In the past, tech got away with the above because capital meant if you hired enough people, you ended up with something valuable. But AI levels the playing field, reducing the value of capital and increasing the value of the individual contributor.