AI is Imploding?! Google and OpenAI are Losing BILLIONS! | ClownfishTV
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I imagine it's because people are learning about its limitations and biases.
With a little more development and a little less corruption, it's going to reach a place where it has a much bigger positive impact on society.
I reckon it's possible this development is already done, and what we've seen released is largely a preview to prepare the public for the next step. Similar to how the removal of corruption is also taking place at a rate the public can handle and understand.