"Even if foundation model progress is decelerating, it may not matter as much for companies implementing AI applications for specific industries… not selling one particular AI model or some vague concept like 'general purpose intelligence.'"
"There’s been a lot of talk this past week about whether the progress of general-purpose foundation models might be hitting a wall and what that means for the AI boom."
"Skeptics, such as Gary Marcus, are predicting a reckoning on par with the dotcom crash..."
"My view is that... OpenAI's valuation seems largely predicated on achieving artificial general intelligence (AGI)."
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