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The latest wave of AI venture capital has seen billions of dollars invested in self-driving cars and chatbots, such as ChatGPT and Google’s Bard. These bots are trained on huge amounts of data pulled from the open internet, leading to a ballooning of Nvidia’s valuation. However, there are issues with chatbots making up false information and using copyrighted works without permission. AI is more costly than previous waves of consumer-focused tech, making it harder for companies to succeed.
