Big tech companies are losing billions trying to profit from large language models (LLMs), with OpenAI losing over $20 billion in 2025. A free, open-source Chinese AI model challenges the idea that building the biggest model creates a strong market advantage. Until AI companies can make more money than they spend, investing in them remains very risky.
ORIGINAL LINK: https://garymarcus.substack.com/p/the-generative-ai-fizzle?utm_campaign=posts-open-in-app&triedRedirect=true
