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Can you explain how this is rent seeking? It seems to be straightforwardly not rent seeking.

1. Company develops model, invests in research, hardware, and software.

2. Company sells access to the model.

(1) is the step that makes this not rent seeking.

Rent seeking is when you profit from something you didn't earn - land rent, monopoly profits, protectionism.



That’s fair. My thought was, when there is an interesting new technology, it usually takes time to figure out how to monetize it. Figuring out how to monetize LLMs took no time at all.


"GPT 1.0" was released in 2018, I think that's a decent amount of time.


We must have different definitions of released.


Don't shoot the messenger. It's just what wikipedia says.

Generative Pre-trained Transformer 1 (GPT-1) Original author(s) OpenAI Initial release June 2018; 7 years ago




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