Gary Marcus calls AI scaling investments 'greatest capital misallocation in history,' sees opportunity for cheaper Chinese models
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@CNBC
Summary
Gary Marcus, NYU emeritus professor, argues that massive investments into scaling AI represent the "greatest capital misallocation in history," leaving everyone financially exposed. He acknowledges the AI industry is still in its early stages and calls for more exploration into diverse model architectures and the future of open-source development. The piece notes that this shift could open the door for cheaper Chinese AI models.
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Key quotes
· 2 pulledInvestments into scaling AI is the 'greatest capital misallocation in history' which leaves everyone 'on the hook'
It is still early days for the AI industry and further exploration into different model architectures and the future of open source is needed
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