OpenAI has yet to make a single, solitary thing that works well. It's nothing but Sam Altman hyping things. They aren't an existential threat to anyone.
ChatGPT 3 and 4 were impressive and kind of kicked off the current AI boom/bubble. Since then though, Altman changing the non-profit OpenAI into a kind of for profit Closed AI seems to have led to a lot of talent leaving.
