In 2030, OpenAI projects $200B in revenue, with R&D spending hitting ~45% of that, or ~$90B; R&D costs of Alphabet and others are currently 10%-20% of revenue (The Information)
https://www.techmeme.com/feed.xmlHits: 8
Summary
— Fortunes are riding on one AI technique, even as cracks start to show. — Every investor knows not to put all your eggs in one basket.