Copyright © HT Digital Streams Limit all rights reserved. Will a win-win for Nvidia and Openai end up for the rest of us? Nvidia is the world’s most valuable company, with a monopolistic hold on its disk market, while opening the global chatbot race (Reuters) ‘s summary of Ai Chip Major Nvidia’s pact with Chatgpt’s maker may look like a business of Big-Money Allians. No one should dominate the artificial intelligence market. This is far too important. Dystopian visions of artificial intelligence (AI) contain bots free from human control and the management of amok. But what if the AI industry itself gets wild? While US investors need to note a major investment bubble, AI users everywhere should be concerned about a web of convergent business interests that the cramp market can be acceptable. The news broke on Monday about Nvidia’s agreement with Openai that could invest the world’s top AI chip company up to $ 100 billion in the firm behind Chatgpt, one tenth at a time. Nvidia is the world’s most valuable company, with a monopolistic hold on its chip market, while Openai leads the global chatbot race with an alleged 700 million active users. On the face of it, it is a smart way for Nvidia to increase the demand for its chips, as Openai invests a lot in data centers. The AI World’s dominant chip seller can pump $ 10 billion for every Gigawatt capacity. Days earlier, Nvidia said it would put $ 5 billion in Intel. As for Sam Altman’s Openai, it recently entered into a mega agreement with Oracle to rent AI infrastructure. For a start of 2015 with revenue placed only about $ 13 billion, this is quite a few transactions. It speaks of how explosive today’s ‘smart money’ expects AI to grow. An early Bet location was Microsoft, who invested more than $ 10 billion in Openai shortly after his chatbot stormed our digital gadgets. As Altman’s attempt to carve his operating subsidiary, apart from his non-profit parent, not yet adopted a formal form, the control structure remains haze. What is visible, all the same, is a web of alliances for which AI users have reason to be attentive. What is named a win-win for businesses does not have to work well for customers. While Nvidia CEO Jensen Huang talked about how both his business and Altman’s will earn from their treaty, critics show the ‘circular dynamics’ of one firm who funds another’s purchases of his true. If it gives the agreement an artificial air, the fact that Openai will use its careful shares as a currency partly to create backupinfra to its opacity. Openai is reportedly valued at about $ 500 billion, but reports say that the shares acquired by Nvidia would have no voting rights, which ensures the executive space of Altman of his megacorp allies. The fortunes of Openai and its allies depend on the leadership of a flashy new era of AI-driven profits. However, for all the hype, the impact of AI on corporate productivity has so far been modest, such as the learning curve of its offer. In a dream scenario, AI will place economies on the growth paths and generate large revenue from a global user base to justify the mega-sum invested in it. But it still needs to be tested and billions of rands can be wasted in the pursuit of a big fantasy. Whatever the case, as the ‘group think’ of a close in line with the success of the AI market in the way of true competition, AI users can get a bad agreement. In a market that best serves users, different AI visits would fiercely compete for both users and resources – with their goals and benefits free from each other. Indeed, major technological players such as Google have competitive AI offers (and even allies), but Openai’s web of alliances, some of whom have been blessed by the White House, can emerge as a composite power to think as the mass market AI becomes a winner. Indian AI is unreliable in childhood and Chinese AI. If smaller AI players are expressed by capital intensity and network effects, we risk a global failure of ‘intelligence’, with the artificial version produced for the rest of us but is controlled by some. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #Kartic Intelligence #Openai #ChatGPT Read next story
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