In recent years there has been a lot of interest in F-Theory GUTs, mostly
considering local models. In this talk I first consider an SU(5)
GUT locally at the "point of E_8". The requirements of proton stability and reasonable flavour structure single out exactly two models.
However, both models cannot be embedded in a semilocal construction (via the spectral cover approach). This casts doubts on the predictivity of local models.
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