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European privacy watchdog creates ChatGPT task force

reuters.com

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Re: European privacy watchdog creates ChatGPT task force

#51

Post by pjmlp »

rapsey wrote: post #37
sjaak wrote: post #29

Earlier quoted context omitted.

Don't be; look up some of the founders[1] of OpenAI: Ilya Sutskever - born in Russia Wojciech Zaremba - born in Poland Andrej Karpathy - born in Slovakia [1] according to wikipedia

That just makes it sadder. European talent and knowledge, monetized by the US. Unfortunately the European economic order is incompatible with this kind of startup. We do not have the capital to fund it, because we do not have public markets as developed.

Thankfully we also don't have the mentally that anything less than 60h per week, and no time off, is not being committed enough.

Re: European privacy watchdog creates ChatGPT task force

#53

Post by qtzfz »

whiplash451 wrote: post #39
jacquesm wrote: post #32

Earlier quoted context omitted.

You're entirely free to move. The reason why there are no ChatGPT competitors of EU origin is the same reason why there is no SpaceX competitor in Europe. And that's not necessarily anything to be ashamed of, it simply means that the USA has the advantage and that once you reach a certain concentration of wealth it tends to lead to further concentrations of wealth. 400 years ago Europe was ascendant, today it is Amer…

EU has all the ingredients to build a competitor. And the first mover’s advantage can be compensated by other things. The reality is that the EU tech community is just shitting their pants to throw their hat into the ring.

The EU doesn't have the money or the regulatory framework, to begin with. See how quickly they are working to make sure nobody can build this (well, make it work within the EU)

Re: European privacy watchdog creates ChatGPT task force

#55

Post by jacquesm »

numbers_guy wrote: post #40
jacquesm wrote: post #32

Earlier quoted context omitted.

You're entirely free to move. The reason why there are no ChatGPT competitors of EU origin is the same reason why there is no SpaceX competitor in Europe. And that's not necessarily anything to be ashamed of, it simply means that the USA has the advantage and that once you reach a certain concentration of wealth it tends to lead to further concentrations of wealth. 400 years ago Europe was ascendant, today it is Amer…

Your mentality is too defeatist. Certainly there are some structures in our countries that make it harder to achieve such successes, but nothing says we cannot restructure our countries and improve. It is really partly a lack of will and partly due to bad leadership.

I'm pretty well versed in how the tech world is financed and based on a very large amount of experience it is plain obvious to me that even if the EU would come up with a viable competitor to ChatGPT before they would be a serious threat they would be bought out by US money. This is what wealth concentration is all about. You can't compete with an advantage like that.

Re: European privacy watchdog creates ChatGPT task force

#56

Post by DoingIsLearning »

whiplash451 wrote: post #39
jacquesm wrote: post #32

Earlier quoted context omitted.

You're entirely free to move. The reason why there are no ChatGPT competitors of EU origin is the same reason why there is no SpaceX competitor in Europe. And that's not necessarily anything to be ashamed of, it simply means that the USA has the advantage and that once you reach a certain concentration of wealth it tends to lead to further concentrations of wealth. 400 years ago Europe was ascendant, today it is Amer…

EU has all the ingredients to build a competitor. And the first mover’s advantage can be compensated by other things. The reality is that the EU tech community is just shitting their pants to throw their hat into the ring.

> EU has all the ingredients to build a competitor.

... Except for VC funding from non risk averse investors.

You are not going to build an EU openAI on Horizon2020 grants. Also EU investors are closer to business angels when you compare with the VC funding scene in the US.

Re: European privacy watchdog creates ChatGPT task force

#57

Post by jacquesm »

whiplash451 wrote: post #48
jacquesm wrote: post #32

Earlier quoted context omitted.

You're entirely free to move. The reason why there are no ChatGPT competitors of EU origin is the same reason why there is no SpaceX competitor in Europe. And that's not necessarily anything to be ashamed of, it simply means that the USA has the advantage and that once you reach a certain concentration of wealth it tends to lead to further concentrations of wealth. 400 years ago Europe was ascendant, today it is Amer…

Someone like you probably said that it was too late to launch a Ford’s competitor when they released the T in 1908.

The financial climate in 1908 was entirely different from the one in 2023. Please try to understand that I would love to see an EU competitor to every US firm that operates at scale in Europe for something that Europe could provide itself. Then maybe check out my bio and see that I've been a tech investor since ~2007 and have a significant amount of money on the line to back EU companies and to help them succeed when and where I can.

Even so, I'm realistic enough to know that there is no way the EU VC scene could compete with Sandhill Road when it comes to valuations and that's why any significant success created in Europe will sooner or later be US based. Examples aplenty.

Re: European privacy watchdog creates ChatGPT task force

#58

Post by neximo64 »

WastingMyTime89 wrote: post #46
spaceman_2020 wrote: post #28

The last time they came up with a regulation, we got that GDPR awfulness. Made zero impact on anything, just forced me to click multiple buttons before visiting a website.

The GDPR is a very good piece of legislation. I fail to see where the awfulness is. Even if you discount the very significant new rights it gave to users, it did force all companies to actually think and take responsibility for what they collect. It’s a massive improvement from what was happening before.

Its too asymmetric for what would be a genuine mistake. Good legislation is fair. It actually makes big companies like facebook stronger as well and harder to compete for small ones.

The easiest thing to do is actually just not offer services in the EU for a smaller company.

Re: European privacy watchdog creates ChatGPT task force

#59

Post by satvikpendem »

rvnx wrote: post #8
Nextgrid wrote: post #6

They focus on ChatGPT while conveniently ignoring the elephant in the room, aka Facebook who is still in blatant breach of the GDPR 5 years after it went into effect...

Please don't kill our precious elephant who gave us one great privacy-preserving LLM; the one that can run locally :)

There are a lot of locally run LLMs, LLaMA is not the only one; GPT4All, Pythia, OpenAssistant, and the new Databricks Dolly 2 can all run locally.

Re: European privacy watchdog creates ChatGPT task force

#60

Post by jacquesm »

whiplash451 wrote: post #44
jacquesm wrote: post #32

Earlier quoted context omitted.

You're entirely free to move. The reason why there are no ChatGPT competitors of EU origin is the same reason why there is no SpaceX competitor in Europe. And that's not necessarily anything to be ashamed of, it simply means that the USA has the advantage and that once you reach a certain concentration of wealth it tends to lead to further concentrations of wealth. 400 years ago Europe was ascendant, today it is Amer…

It is literally 100X easier to launch an openai competitor than a spacex competitor. The latter requires massive upfront non-retrievable investment.

100X easier is probably true. That still doesn't make it easy in an absolute sense. Check out the founders of openai and see how many of them are from Europe. Then realize that they are in the United States for one reason only: access to money. No EU VC is going to be able to match the kind of funding that is available in the US, and the longer that situation persists the bigger the chance that there will never be a reversal.

My grandmother had a nice proverb that roughly translates to 'the devil shits on the larger heap'. It is meant to convey the picture that once there is a large pile of money somewhere that that pile will grow faster than a smaller pile of money simply because having access to large amounts of capital means you can place larger bets and absorb more blows. The EU capital climate is comparatively risk averse simply because there is less money to go around.

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