OpenAI: Tech Giants' Short-Term Gain, Long-Term Threat

Bank of America warns that tech giants partnerships with OpenAI could backfire, as the AI companys growth may eventually pose a competitive threat in both business and consumer markets. Despite short-term benefits, the risks of OpenAIs expansion into areas like advertising and automated transaction platforms may outweigh any modest cloud revenue gains.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.