AI's New Gold Rush Echoes Past Booms, With Promises and Perils for Tech Giants and Society
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The current interest and investment in AI represents a new "gold rush", with the potential to reshape industries and generate huge profits
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Previous "gold rushes" in California had major impacts, propelling growth but also harming marginalized groups like Native Americans and Chinese laborers
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OpenAI and ChatGPT could eclipse tech giants like Microsoft and Google, if those companies don't find ways to benefit from or acquire the new AI innovations
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OpenAI's original nonprofit principles are giving way to commercial pressures and deals with companies like Microsoft
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The history of OpenAI resembles Google's early idealism transformed by the lure of profits, tracking users, and selling to advertisers