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About the AI thing (assuming it's true and not merely a convenient excuse for layoffs):

Is every company just planning to feed all of their customer data through GPT / OpenAI, or will they build their own AIs? The first choice seems risky, from a business, legal and privacy perspective. The second one would require a large amount of capital and has many other risks.



Given the rise of foundational models the tuning/adaptation on top is quite a bit cheaper.

I imagine foundation models become a bit like cloud provider paas offerings vs rolling your own data centers.




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