I don't know how to make sense of this level of investment. I feel that I lack the proper conceptual framework to make sense of the purchasing power of half a trillion USD in this context.
Maybe your calibration isn't poor. Maybe they really are all wrong but there's a tendency here to these these people behind the scenes are all charlatans, fueling hype without equal substance hoping to make a quick buck before it all comes crashing down, but i don't think that's true at all. I think these people really genuinely believe they're going to get there. And if you genuinely think that, them this kind of investment isn't so crazy.
All? Quite a few of the best minds in the field, like Yann LeCun for example, have been adamant that 1) autoregressive LLMs are NOT the path to AGI and 2) that AGI is very likely NOT just a couple of years away.
So the statement becomes tautological “all researchers who believe that AGI is imminent believe that AGI is imminent”.
And of course, OpenAI and the other labs don’t perform actual science any longer (if science requires some sort of public sharing of information), so they win every disagreement by claiming that if you could only see what they have behind closed doors, you’d become a true believer.
When the old gang at Open ai was together, Sutskever, not Sam was easily the most hypey of them all. And if you ask Norvig today, AGI is already here. 2 months ago, Lecun said he believes AGI could be here in 5 to 10 years and this is supposed to be the skeptic. This is the kind of thing i'm talking about. The idea that it's just the non academics caught in the hype is just blatantly false.
No, it doesn't have to be literally everybody to make the point.