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The value of these researchers to meta is surely more than a few billion. Love seeing free markets benefit the world

Im a bit torn about this. If it ends up hurting OpenAI so much that they close shop, what is the incentive for another OpenAI to come up?

You can spend time making a good product and get breakthroughs and all it takes is for meta to poach your talent, and with it your IP. What do you have left?

Trade secrets and patent laws still apply.

But also, every employee getting paid at Meta can come out with the resources to start their own thing. PayPal didn't crush fintech: it funded the next twenty years of startups.

How do you figure? If you assume that Meta gets the state of the art model, revenue is non-existent, unless they start a premium tier or put ads. Even then, its not clear if they will exceed the money spent on inference and training compute.

It's worth a few billion (easily) to keep people's default time sink as aimlessly playing on FV/IG as opposed to chatting with ChatGPT. Even if that scroll is replaced by chatting with llama as opposed to seeing posts.

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