>>/dobrochan/2467@603
Is ChatGPT a code or benchmark, a quilt? No, it's a public demo of a commercial service. So what did you want to prove with this quote – your ability to understand text that is clearly inferior to neural network language models? Believe me, everyone has already seen this.

The expected commercial value of GPT products. Marcus reports:
https://garymarcus.substack.com/p/is-microsoft-about-to-get-the-deal

According to rumors published on Semafor and then repeated by Reuters, Microsoft is preparing to invest $10 billion (perhaps in part in the form of cloud computing loans?) in OpenAI, valuing OpenAI at $29 billion.

Of course, whether you think $29 billion is a reasonable estimate for OpenAI depends largely on how you think about its future. (The company is rumored to be worth about $29 million a year so far, so it’s going to get a lot better soon.)

To begin with, this is not an ordinary transaction in which an investor receives a 20% stake in a company in exchange for a large sum of money and a seat on the board. Instead, if the reporting is correct:

Microsoft will receive 75% of OpenAI’s profits until it recoups its investment. That’s a lot, and that’s not what rocket startups usually agree to.
After that, when Microsoft makes its money, Microsoft will own "49% of the shares, other investors will get another 49%, and nonprofit parent organization OpenAI will get 2%."

.. . How much will AGI actually cost? A few years ago, PwC estimated that the total AI market by 2030 could reach more than $15 trillion a year. McKinsey published a similar study, which featured a figure of 13 trillion dollars a year.

.. . If things go really well, OpenAI will take back control; I was told by a source who saw the documents: “Once $92 billion in profits and $13 billion in initial investments are returned [to Microsoft] and once other venture investors earn $150 billion, all capital will return to OpenAI.” In this light, Altman's game is more like hedging than selling; a little money now, much later if they are very successful.

Again: Microsoft is willing to invest $10 billion in a company that allegedly makes $30 million a year for less than a 50% stake.
Microsoft was ready to buy Activision-Blizzard for $ 60 billion, which brings in $ 7 billion a year. This is, in fact, the biggest gaming franchise in history, with a strong backlog for the future.
The ratio of investment to income here is literally 333:1 -> 666:1 at ~50% share against 9:1 at 100% share.

Of course, this is just a hype smoothie-startups. Like Teranos.
But what an intricate smoothie turns out, especially in our difficult economic conditions.