The liability question is one of the biggest things people are looking for in the S1. If you sell a dangerous product that harms people or businesses you’re generally liable. It’s as of yet unclear how the big labs intend to account for potential massive liabilities.

Folks tend not to go after companies that are just burning cash, but the second they become legit GAAP profitable (if that ever happens) lawyers will be lining up down the block to sue them for any and every mistake these models make.

“Were you harmed by OpenAI’s models? You may be entitled to Compensation. Call 1-800-SUE-AI-BROS” billboards will be everywhere.