@kims short version: an eccentric Chinese billionaire set out to try to make something better than ChatGPT, apparently accomplished it with way fewer resources than the U.S. companies are throwing at things, made some breakthroughs, published a paper revealing all the secrets, and showed that you can do what they do for a fraction of the price and resources, which is going to mean that the U.S. companies are going to struggle to raise as much money or will be expected to do much more with less, which means an AI winter might be coming, or that we really can’t compete as well as we think. But also frankly a lot of weird ‘I can’t believe the Chinese can actually do anything’ in this narrative.