Anyone know John Carmack's status on his AGI company?
Ilya Sutskever's SSI Inc raises $1B
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Re: Ilya Sutskever's SSI Inc raises $1B
#72Earlier quoted context omitted.
There is significant possibility that true AI (what Ilia calls superintelligence) is impossible to build using neural networks. So it is closer to some tokenbro project than to nuclear research. Or he will simply shift goalposts, and call some LLM superintelligent.
No one had built a nuclear bomb before the Manhattan project either.
Theoretical foundation was slowly built over decades before it started though. And correct me if I'm wrong, but calculations that it was feasible were present before the start too. They had to calculate how to do it, what will be the processes, how to construct it and so on, but theoretically scientists knew that this amount of material can start such process.
On the other hand not only there is no clear path to AI today (also known as AGI, ASI, SI etc.), but even foundations are largely missing. We are debating what is intelligence, how it works, how to even start simulating it, or construct from scratch.
Re: Ilya Sutskever's SSI Inc raises $1B
#73$1B raise, $5B valuation. For a company that is a couple months old and doesn't have a product or even a single line of code in production. Wild.
This feels like a situation with a sold out train to a popular destination, where people are already reselling their tickets for some crazy markup, and then suddenly railway decides to add one more train car and opens flash ticket sale. Investors feeling missing out on OpenAI and others are now hoping to catch this last train ticket to the AI.
Sounds like it's destined to be a looooong train with many carriages. ;)
Re: Ilya Sutskever's SSI Inc raises $1B
#74[flagged]
Re: Ilya Sutskever's SSI Inc raises $1B
#75$1B raise, $5B valuation. For a company that is a couple months old and doesn't have a product or even a single line of code in production. Wild.
Add another 500m to NVDA's quarterly profits?
Re: Ilya Sutskever's SSI Inc raises $1B
#76$1B raise, $5B valuation. For a company that is a couple months old and doesn't have a product or even a single line of code in production. Wild.
These are capital intensive businesses.
There's no liquidity until they are making money.
It means that AI startups are actually a really poor value proposition compared to traditional tech companies, because your multiplier is limited. First round $50M valuation leaves a lot more opportunity to get rich.
This kind of structure isn't as unusual for capital intensive businesses.
Re: Ilya Sutskever's SSI Inc raises $1B
#77i get that they're probably busy making AGI but surely they can spare a few hours to make a proper website? or is this some 4d-chess countersignalling i'm too stupid to notice?
Website in question, for the curious: https://ssi.inc
Re: Ilya Sutskever's SSI Inc raises $1B
#78Earlier quoted context omitted.
There is significant possibility that true AI (what Ilia calls superintelligence) is impossible to build using neural networks. So it is closer to some tokenbro project than to nuclear research. Or he will simply shift goalposts, and call some LLM superintelligent.
> There is significant possibility that true AI (what Ilia calls superintelligence) is impossible to build using neural networks What evidence can you provide to back up the statement of this "significant possibility"? Human brains use neural networks...
Neural networks in machine learning bear only a surface level similarity to human brain structure.
Re: Ilya Sutskever's SSI Inc raises $1B
#79Good news for NVDA.
indeed, more speculative monies chasing returns.
such a large round implies hardware for yet another foundational model. perhaps with better steering etc..
Re: Ilya Sutskever's SSI Inc raises $1B
#80Same funding as OpenAI when they started, but SSI explicitly declared their intention not to release a single product until superintelligence is reached. Closest thing we have to a Manhattan Project in the modern era?
> Closest thing we have to a Manhattan Project in the modern era? Minus the urgency, scientific process, well-defined goals, target dates, public ownership, accountability...
If public ownership means we give one guy a button to end the world, I'm not sure how's that's a meaningful difference.