alt Hacker NewsOnly the AI labs are really interested in closed models. Google, Facebook, Microsoft, ... they'd rather go back to doing stock buybacks and being ridiculously profitable rather than raising capital for all this research and datacenters. They only do it because they think they have to.
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If the leading model companies aren't profitable long-term, how do we get the money to continually spend on more research and more compute?
I get that plenty of people don't like big corporations or stock buybacks or certain CEOs, which is fine. But as someone who wants to see AGI happen FASTER, I really want to see a clear financial reason for maximal AGI investment.
If the model labs aren't clearly profitable, or open source models eat all the 'model layer' profit - what financial force will push forward very expensive experiments/scaling, etc.?
The alternative is ceding the leading edge to China and being dependent on them to continue releasing advances