421–430 of 803 posts
This is also (if the valuation of 5 bio is to be trusted) a tentative answer to the question of Ilya's++ relative AI worth to the market at this point: A lot lower than hn and tech inclined spaces wanted to give him credit for during the past OpenAI turbulences.
What, you expected someone to value his brand new company at $100 billion or something?
This being ycombinator and as such ostensibly has one or two (if not more) VCs as readers/commentators … can someone please tell me how these companies that are being invested in in the AI space are going to make returns on the money invested? What’s the business plan? (I’m not rich enough to be in these meetings) I just don’t see how the returns will happen. Open source LLMs exist and will get better. Is it just tha…
Picture something 1,000 smarter than a human. The potential value is waaaay bigger than any present company or even government.
Probably won’t happen. But, that’s the reasoning.
Earlier quoted context omitted.
I agree and also disagree. > There was no nuclear weapons race; once it became clear that Germany had no chance of building atomic bombs, several scientists left the MP in protest You are forgetting Japan in WWII and given casualty numbers from island hopping it was going to be a absolutely huge casualty count with US troops, probably something on the order of Englands losses during WW1. Which for them sent them on a…
Did you stop reading my comment there? I debunked this already.
Earlier quoted context omitted.
I also don't understand it. If AGI is actually reached, capital as we know it basically becomes worthless. The entire structure of the modern economy and the society surrounding it collapses overnight. I also don't think there's any way the governments of the world let real AGI stay in the hands of private industry. If it happens, governments around the world will go to war to gain control of it. SSI would be nationa…
> If AGI is actually reached, capital as we know it basically becomes worthless I see it as capital becoming infinitely more valuable and labor becoming worthless, since capital can be transmuted directly into labor at that point.
This being ycombinator and as such ostensibly has one or two (if not more) VCs as readers/commentators … can someone please tell me how these companies that are being invested in in the AI space are going to make returns on the money invested? What’s the business plan? (I’m not rich enough to be in these meetings) I just don’t see how the returns will happen. Open source LLMs exist and will get better. Is it just tha…
Last night as my 8yo was listening to childrens audio books going to sleep, she asked me to have it alternate book A then B then A then B.
I thought, idunno maybe I can work out a way to do this. Maybe the app has playlists and maaaaaaaaaaybe has a way to set a playlist on repeat. Or maybe you just can't do this in the app at all. I just sat there and switched it until she fell asleep, it wasn't gonna be more than 2 or 3 anyway, and so it's kind of a dumb example.
But here's the point: Computers can process language now. I can totally imagine her telling my phone to do that and it being able to do so, even if she's the first person ever to want it to do that. I think the bet is that a very large percentage of the world's software is going to want to gain natural language superpowers. And that this is not a trivial undertaking that will be achieved by a few open source LLMs. It will be a lot of work for a lot of people to make this happen, as such a lot of money will be made along the way.
Specifically how will this unfold? Nobody knows, but I think they wanna be deep in the game when it does.
Earlier quoted context omitted.
I also don't understand it. If AGI is actually reached, capital as we know it basically becomes worthless. The entire structure of the modern economy and the society surrounding it collapses overnight. I also don't think there's any way the governments of the world let real AGI stay in the hands of private industry. If it happens, governments around the world will go to war to gain control of it. SSI would be nationa…
Honestly this is a pretty wild take. AGI won't make food appear out of thin air. Buildings wont just sprout out of the ground so everybody will get to live in a mansion. We would probably get the ability to generate infinite software, but a lot of stuff, like engineering would still require trial and error. Creating great art would still require inspiration gathered in the real world. I expect it will bring about a n…
Indeed. Or as I’ve said before: a return to the historical mean.
This is also (if the valuation of 5 bio is to be trusted) a tentative answer to the question of Ilya's++ relative AI worth to the market at this point: A lot lower than hn and tech inclined spaces wanted to give him credit for during the past OpenAI turbulences.
Lol, only on HN: "Sheesh, your 3 month old company is only worth 5 billion? What a loser..." What, you expected someone to value his brand new company at $100 billion or something?
"It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel." Why Tel Aviv in Israel ?
This being ycombinator and as such ostensibly has one or two (if not more) VCs as readers/commentators … can someone please tell me how these companies that are being invested in in the AI space are going to make returns on the money invested? What’s the business plan? (I’m not rich enough to be in these meetings) I just don’t see how the returns will happen. Open source LLMs exist and will get better. Is it just tha…
The TMV (Total Market Value) of solving AGI is infinity. And furthermore, if AGI is solved, the TMV of pretty much everything else drops to zero. The play here is to basically invest in all possible players who might reach AGI, because if one of them does, you just hit the infinite money hack. And maybe with SSI you've saved the world too.