Comment by lucaslazarus
4 days ago
I don’t get why people find it so hard to understand that a technology can be value-additive and still be in a position of massive overinvestment. Every generation of Californians seeks to relive the 1848 gold rush, spending millions excavating rivulets for mere ounces of (very real!) gold.
Exactly this. The future impact of AI and the financial credibility of OpenAI as a business are completely distinct.
Not to mention the 1848 gold rush pretty destroyed the existing society, culture and businesses:
https://en.wikipedia.org/wiki/California_gold_rus
Not to mention thousands of native inhabitants getting killed or enslaved:
https://en.wikipedia.org/wiki/California_genocide