No doubt this will be used to justify a government-funded capital lifeline to OAI and Anthropic who are still bleeding cash (irrespective of whether inference is profitable) and may have issues raising more money in the private markets if they are signaling a delayed IPO.
The proposed “donation” of a 5% stake to a sovereign wealth fund creates a direct incentive for government cash infusion.
I really can’t begin to describe how angry this possibility makes me. And I don’t think I’m alone. Keep pushing the envelope Sam / Dario and see what it gets you. Doubling down on a losing bet just digs your hole deeper.
What happens when the government sinks half a trillion dollars into this and we still don’t see an ROI / true agent autonomy? Then what? Ask for another trillion dollars and hope you can stumble on a research breakthrough equally as revolutionary as the transformer?
What's jarring is nobody is asking the hard question - how much was expended to make the breakthrough of Transformers?
It certaintly was nothing close to half a trillion.
Clearly more money is not the path to the solution. Furthermore China is doing pretty well with a fraction of the spend. America may have money but money needs to go toward productive projects - this requires ideas and vision. Which cannot be bought actually.
The proposed “donation” of a 5% stake to a sovereign wealth fund creates a direct incentive for government cash infusion.
I really can’t begin to describe how angry this possibility makes me. And I don’t think I’m alone. Keep pushing the envelope Sam / Dario and see what it gets you. Doubling down on a losing bet just digs your hole deeper.
What happens when the government sinks half a trillion dollars into this and we still don’t see an ROI / true agent autonomy? Then what? Ask for another trillion dollars and hope you can stumble on a research breakthrough equally as revolutionary as the transformer?
It certaintly was nothing close to half a trillion.
Clearly more money is not the path to the solution. Furthermore China is doing pretty well with a fraction of the spend. America may have money but money needs to go toward productive projects - this requires ideas and vision. Which cannot be bought actually.