AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

The company I work does pretty basic analysis. Its certainly an “every day” application. It’s been two or three years they’ve been Investing large amounts of money into this, and it can’t do shit. We have been “training” it for faaaaaar longer than it would take to train a human to do these things. Plus, they’ve torn it apart and completely restarted the process at least twice, to my knowledge. Zero efficiencies, very little practical capability. I hear that it’s great at coding and math, I’ve seen it do word processing pretty good, but these assholes oversold it’s capabilities to the managerial class, and they fucking took it. Hook, line, and sinker.

It’s not even that good at coding. It has to be heavily curated and focused to output somewhat “correct” code, it is full of gaps that lead to lots of bugs and missed scopes that a human would bring up if they wrote it themselves, and the output is incredibly verbose and inefficient (and harder for engineers to read).

It’s subpar at everything, there are no areas it shines.