Open AI, ‘long-termism’ and the rift at the heart of Silicon Valley

News Snapshot:

A clash of beliefs The drama at OpenAI has shone a spotlight on the tension between two sets of beliefs that have come to the fore in Silicon Valley as so-called generative AI — the technology that allows ChatGPT to turn out creative content — has turned from an interesting research project into the industry’s most promising new technology in years. One is the familiar brand of optimistic techno-capitalism that has taken root in northern California. This holds that, with the application of ample amounts of venture capital and outsized ambition, any sufficiently disruptive idea can take over the world...