{"id":15331,"date":"2024-07-30T11:37:25","date_gmt":"2024-07-30T09:37:25","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/07\/30\/techscape-will-openais-5bn-gamble-on-chatbots-pay-off-only-if-you-use-them\/"},"modified":"2024-07-30T11:37:25","modified_gmt":"2024-07-30T09:37:25","slug":"techscape-will-openais-5bn-gamble-on-chatbots-pay-off-only-if-you-use-them","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/07\/30\/techscape-will-openais-5bn-gamble-on-chatbots-pay-off-only-if-you-use-them\/","title":{"rendered":"TechScape: Will OpenAI\u2019s $5bn gamble on chatbots pay off? Only if you use them"},"content":{"rendered":"<p>The ChatGPT maker is betting big, while Google hopes its AI tools won\u2019t replace workers, but help them to work better<\/p>\n<p><strong>\u2022 <a href=\"https:\/\/www.theguardian.com\/info\/ng-interactive\/2021\/jun\/25\/techscape-sign-up\">Don\u2019t get TechScape delivered to your inbox? Sign up here<\/a><\/strong><\/p>\n<p>What if you build it and they don\u2019t come?<\/p>\n<p>It\u2019s fair to say the shine is coming off the AI boom. Soaring valuations are starting to look unstable next to the sky-high spending required to sustain them. Over the weekend, one report from tech site the Information estimated that OpenAI was <a href=\"https:\/\/www.theinformation.com\/articles\/why-openai-could-lose-5-billion-this-year\">on course to spend an astonishing $5bn more<\/a> than it makes in revenue this year alone:<\/p>\n<p><em>If we\u2019re right, OpenAI, most recently valued at <\/em><em>$80<\/em><em>bn<\/em><em>, will need to raise more cash in the next 12 months or so. We\u2019ve based our analysis on our informed estimates of what OpenAI spends to run its ChatGPT chatbot and train future large language models, plus \u2018guesstimates\u2019 of what OpenAI\u2019s staffing would cost, based on its prior projections and what we know about its hiring. Our conclusion pinpoints why so many investors worry about the profit prospects of conversational artificial intelligence.<\/em><\/p>\n<p><em>In this paper, we argue against the view that when ChatGPT and the like produce false claims, they are lying or even hallucinating, and in favour of the position that the activity they are engaged in is bullshitting \u2026 Because these programs cannot themselves be concerned with truth, and because they are designed to produce text that looks truth-apt without any actual concern for truth, it seems appropriate to call their outputs bullshit.<\/em><\/p>\n<p><em>Part of what\u2019s tricky about us talking about it now is that we actually don\u2019t know exactly what\u2019s going to transpire. What we do know is the first step is going to be sitting down [with the partners] and really understanding the use cases. If it\u2019s school administrators versus people in the classroom, what are the particular tasks we actually want to get after for these folks?<\/em><\/p>\n<p><em>If you are a school teacher some of it might be a simple email with ideas about how to use Gemini in lesson planning, some of it might be formal classroom training, some of it one on one coaching. Across 1,200 people there will be a lot of different pilots, each group with around 100 people.<\/em><\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/jul\/30\/will-open-ais-5bn-gamble-on-chatbots-pay-off-only-if-you-use-them\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/868db59ac0b6b2585f6c2ca2cf499ce1f2765781\/0_168_5040_3024\/master\/5040.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=1c49ae722cb96b05eb767483bc455f14\" title=\"TechScape: Will OpenAI\u2019s $5bn gamble on chatbots pay off? Only if you use them\" \/>The ChatGPT maker is betting big, while Google hopes its AI tools won\u2019t replace workers, but help them to work better<br \/>\n\u2022 Don\u2019t get TechScape delivered to your inbox? Sign up here<br \/>\nWhat if you build it and they don\u2019t come?<br \/>\nIt\u2019s fair to say the shine is coming off the AI boom. Soaring valuations are starting to look unstable next to the sky-high spending required to sustain them. Over the weekend, one report from tech site the Information estimated that OpenAI was on course to spend an astonishing $5bn more than it makes in revenue this year alone:<br \/>\nIf we\u2019re right, OpenAI, most recently valued at $80bn, will need to raise more cash in the next 12 months or so. We\u2019ve based our analysis on our informed estimates of what OpenAI spends to run its ChatGPT chatbot and train future large language models, plus \u2018guesstimates\u2019 of what OpenAI\u2019s staffing would cost, based on its prior projections and what we know about its hiring. Our conclusion pinpoints why so many investors worry about the profit prospects of conversational artificial intelligence.<br \/>\nIn this paper, we argue against the view that when ChatGPT and the like produce false claims, they are lying or even hallucinating, and in favour of the position that the activity they are engaged in is bullshitting \u2026 Because these programs cannot themselves be concerned with truth, and because they are designed to produce text that looks truth-apt without any actual concern for truth, it seems appropriate to call their outputs bullshit.<br \/>\nPart of what\u2019s tricky about us talking about it now is that we actually don\u2019t know exactly what\u2019s going to transpire. What we do know is the first step is going to be sitting down [with the partners] and really understanding the use cases. If it\u2019s school administrators versus people in the classroom, what are the particular tasks we actually want to get after for these folks?<br \/>\nIf you are a school teacher some of it might be a simple email with ideas about how to use Gemini in lesson planning, some of it might be formal classroom training, some of it one on one coaching. Across 1,200 people there will be a lot of different pilots, each group with around 100 people. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ChatGPT maker is betting big, while Google hopes its AI tools won\u2019t replace workers, but help them to work better \u2022 Don\u2019t get TechScape delivered to your inbox? Sign up here What if you build it and they don\u2019t come? It\u2019s fair to say the shine is coming off the AI boom. Soaring valuations &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/07\/30\/techscape-will-openais-5bn-gamble-on-chatbots-pay-off-only-if-you-use-them\/\"> <span class=\"screen-reader-text\">TechScape: Will OpenAI\u2019s $5bn gamble on chatbots pay off? Only if you use them<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15331"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15331"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15332"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15331"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}