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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 1 month ago by to c/technology@lemmy.world
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[–] 35 points 1 month ago (4 children)

Are you willing to pay 10x what you pay right now for access

That's really the crux of the matter. Regardless of if it's fit for purpose to replace paid labour, is it actually financially viable in any way to replace humans with an AI model that works but costs several times more than a human work force while not being able to be held legally accountable.

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  • [+] -14 points 1 month ago (3 children)

    If this future AI agent solves the task at a fraction of the time, it can still be financially viable at several times the cost.

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  • [–] 17 points 1 month ago (1 child)

    That only makes sense if money is made on the output. What you’re basically saying is X Toy Company will make more money if they make more toys. What you’re forgetting is that there has to be a demand for those toys. So X Toy Company can’t replace workers with AI unless there’s more demand for the toys than there is currently able to be fulfilled and there’s no evidence for that across all sectors of the economy.

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