Fuck AI

The reason is simple. It's become very obvious very quickly that unless you have billions to develop your own model, and a way to lock users in, there is no way you're ever going to have a chance at making it back. They're trying to save themselves from making a bad knee jerk reaction.

But they can't admit that, so they're trying to hide it however possible and mitigate the financial damage at the cost of anything else they can use.

You can only throw good money after bad money as long as you still have access to good money. I'm sure they're not abandoning these AI projects because they realize a plan that made no sense six months ago still makes no sense today, but rather because of economic reality - if there's no money to budget, corporate lack of agility doesn't matter because the change is enforced externally.

They're all aware that the chance of success is minimal. However, the one that actually succeeds will achieve an absolutely dominant position both economically and politically. So they're basically all gambling their companies on being the one that achieves AGI first while being well aware that failure is the most likely outcome. And at this point they can't pull out because the consequences would be devastating.

Let me ask ChatGPT to generate that…