It's not really like punters hoping to flip their apes to a greater fool. A lot ... | Hacker News

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		tim333 6 months ago \| parent \| context \| favorite \| on: How the AI Bubble Will Pop It's not really like punters hoping to flip their apes to a greater fool. A lot of the investment is from the likes of Google out of their own money.

ForHackernews 6 months ago [–]

I don't think Softbank gave OpenAI $40 billion because they have a $80 billion business idea they just need a great LLM to implement. I think they are really afraid of getting left behind on the Next Big Thing That Is Making Everyone Rich.

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