The computer technology industry can get wickedly competitive and there are times when the odd snide remark is made in public. But the newest wave of the artificial intelligence crowd seems to be going at it with a vengeance.
Normally, it's the sort of thing for other industries to ignore, but there's a power play going on for market dominance. And that's exactly what users, including those in CRE, need to see for what it is when deciding where to go with new technology.
For example, a few months ago Sam Altman of OpenAI, makers of Chat GPT, talked about steamrolling other startups basing products on large language model, or LLM, software. James Wang, general partner at early-stage venture capital firm Creative Ventures, wrote that almost all AI startups going forward are "doomed." At least the ones built as wrappers around the tech of others.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.