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One symptom of AGI fantasy that I particularly hate is the dismissal of applied AI companies as "wrappers" - as if they're not offering any real technical add on top of the models themselves.

This seems to be a problem specific to AI. No one casts startups that build off of blockchains as thin, nor the many companies that were enabled by cloud computing and mobile computing as recklessly endangered by competition from the maintainers of those platforms.

The reality is that applying AI to real challenges is an important and distinct problem space from just building AI models in the first place. And in my view, AI is in dire need of more investment in this space - a recent MIT study found that 95% of AI pilots at major organizations are ending in failure.



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