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Investors are the ones fleecing everybody. They have turned startups into pump and dump schemes.

Google research is throwing plenty of R&D into the use of ML in chemistry, biology, and medicine. Those projects are long term and HN does not pay enough attention.

But even Google management was scared that OpenAI will corner the market in a bullshit generation for consumers. They did bring some big guns from doing real work to fight back.

> not making anything that actually helps people or the world

Didn't you see Sora?

Is this related to OpenAI? OpenAI is obviously valuable to the consumers that use their products.

Investors who can’t spot a scam run out of money. Natural selection. They aren’t dumb.

Tim Draper was an early investor in Theranos, continued to defend them even after reports showed their product was bogus, and he's still worth over a billion dollars.