Are they? Where's the value? What are they being used for actually out there in the real world? Not the shitty apps that simonw bleats about day in day out, not the lame website bots that repeat your FAQ back at me - actual real valuable (to the tune of the billions being invested in them) use cases?
This is hackernews. I'd expect users to have a basic understanding of VC investment. The expected value of next-gen models times the probability to create them is higher than the billions than they are throwing at it.
That's fair, but I think you're being a little uncharitable to the point being made.
I would postulate that most ChatGPT users are not using it in a productive capacity, they're using it as a sort of "google that's better at understanding my queries." Obviously that serves a great niche for lots of people, but I don't think it's what mvdtnz had in mind.