AI researcher Gary Marcus: Large models lack long-term technological moats, price wars are inevitable, and OpenAI may become the "WeWork of the AI era."
Gary Marcus, an emeritus professor at New York University and an AI researcher, stated in a recent podcast that the large language model (LLM) sector lacks true technological moats, making price wars inevitable and leading to the commoditization of everything. He noted that no model company can maintain a lead for more than two weeks, and token prices have dropped "three to four orders of magnitude" in two to three years. Marcus believes OpenAI could become "the WeWork of the AI era" because it is projected to burn through approximately $300 billion in the next three to four years, its valuation is built on the promise of AGI, its IPO has been repeatedly delayed, and its executives indirectly held OpenAI equity without disclosure.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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