"There has been - to use the parlance of the kids - a vibe shift in the AI industry. All the way up from scrappy AI startups to the boy king, Sam Altman, there's been a distinct change in the tone and content of conversations surrounding what generative AI will actually be used for. In the early days, luminaries (Altman in particular) loved to speak in abstracts and far-reaching, fantastical terms."
"Altman even did a one-eighty on artificial general intelligence (AGI). In August when asked by CNBC if the new ChatGPT was a step closer to achieving AGI - the very goal he claimed repeatedly and recently it was OpenAI's mission to achieve - he said "I think it's not a super useful term." This is the guy who last February put out an essay on his personal blog that kicked off with the line "Our mission is to ensure that AGI benefits all of humanity.""
OpenAI and Perplexity launched Atlas and Comet, marking a surge in AI-driven search and renewed competition over the web's future. Industry rhetoric has shifted from expansive AGI promises to pragmatic focus on monetisation and near-term applications. High operational and capital costs, underwhelming enterprise trials, and product setbacks have tempered expectations. Executive statements about AGI have softened while companies pursue viable revenue streams. OpenAI reported approximately USD$5bn losses last year, amplifying pressure to change strategy and prioritise commercial traction over utopian projections.
Read at Exchangewire
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