Dear investors, I have bad news for you: the money is gone. And so is whatever additional capital you are still putting in.

Artificial intelligence will undoubtedly have a massive impact as a technology.

But the insane sums poured into OpenAI and its peers will never generate a return.

At best, you may recover a few cents on the dollar by dumping the remains into the patent bargain bin.

reuters.com/business/bridgewat

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