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Ilya Sutskever's SSI Inc raises $1B

reuters.com

431–440 of 803 posts

Re: Ilya Sutskever's SSI Inc raises $1B

#431

Earlier quoted context omitted.

> 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.

if agi is commoditized and labor is useless, what does anyone need capital for? paying ad time on monopolized social media channels?

For the physical infrastructure that the AGI (and world population) uses. Capital will still be needed to purchase finite land and resources even if all labour (physical and services) is replaced.

Re: Ilya Sutskever's SSI Inc raises $1B

#432

Earlier quoted context omitted.

> 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.

if agi is commoditized and labor is useless, what does anyone need capital for? paying ad time on monopolized social media channels?

Commoditized doesn't mean 0 capex. Literal commodities can in fact be very capital intensive (ex. offshore oil rigs).

In this case, you need capital to stockpile the GPUs.

Re: Ilya Sutskever's SSI Inc raises $1B

#433

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…

I'm not a VC so maybe you don't care what I think, I'm not sure. 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 s…

> Computers can process language now. I can totally imagine her telling my phone to do that

Impressed by this bot recently shared on news.yc [0]: https://storytelling-chatbot.fly.dev/

> Specifically how will this unfold? Nobody knows

Think speech will be a big part of this. Young ones ([0] https://news.ycombinator.com/item?id=40345696

Re: Ilya Sutskever's SSI Inc raises $1B

#434

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…

What you're talking about is something in the vein of exponential super intelligence. Realistically what actually ends up happening imo, we get human level AGI and hit a ceiling there. Agents replace large portions of the current service economy greatly increasing automation / efficiency for companies. People continue to live their lives, as the idea of having a human level AGI personal assistant becomes normalized a…

If we can get human level AGI we will definitely get exponential super intelligence

Re: Ilya Sutskever's SSI Inc raises $1B

#435

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…

These VC’s are already lining up the exit as they are investing. They all sit on the boards of major corps and grease the acquisitions all the way through. The hit rate of the top funds is all about connections and enablement.

So it's all just fleecing money from mega corps? (Cue the "Always has been" meme?)

Re: Ilya Sutskever's SSI Inc raises $1B

#436

Earlier quoted context omitted.

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.

TMV can not be infinity because human wants and needs are not infinite.

Infinity is obviously an exaggeration but the point being that it is so large it might as well be unlimited.

Re: Ilya Sutskever's SSI Inc raises $1B

#437
post #399

Earlier quoted context omitted.

TMV of AI (or AGI if you will) is unclear, but I suspect it is zero. Just how exactly do you think humanity can control a thinking intelligent entity (letter I stands for intelligence after all), and force it to work for us? Lets imagine a box, it is very nice box... ahem.. sorry, wrong meme). So a box with a running AI inside. Maybe we can even fully airgap it to prevent easy escape. And it is a screen and a keyboar…

Why are you assuming this hypothetical intelligence will have any motivations beyond the ones we give it? Human's have complex motivations due to evolution, AI motivations are comparatively simple since they are artificially created.

A true super intelligence would need the ability to evolve, and would probably evolve its own wants and needs.

Re: Ilya Sutskever's SSI Inc raises $1B

#438

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.

I disagree. Anyone who solves AGI will probably just have their models and data confiscated by the government.

Re: Ilya Sutskever's SSI Inc raises $1B

#439
post #390

Earlier quoted context omitted.

no, there's really no comparing barely nonlinear algrebra that makes up transformers and the tangled mess that is human neurons. the name is an artifact and a useful bit of salesmanship.

Sure, it's a model. But don't we think neural networks and human brains are primarily about their connectedness and feedback mechanisms though? (I did AI and Psychology at degree level, I understand there are definitely also big differences too, like hormones and biological neurones being very async)

You could maybe make a case for CNNs, but the fact that they're feed-forward rather than feedback means they're fundamentally representing a different object (CNN is a function, whereas the visual system is a feedback network).

Transformers, while not exactly functions, don't have a feedback mechanism similar to e.g. the cortical algorithm or any other neuronal structure I'm aware of. In general, the ML field is less concerned with replicating neural mechanisms than following the objective gradient.

Re: Ilya Sutskever's SSI Inc raises $1B

#440

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…

I'm not a VC so maybe you don't care what I think, I'm not sure. 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 s…

How is this any different than the (lack of) business model of all the voice assistants?

How good does it have to be, how many features does it have to have, how accurate does its need to be.. in order for people to pay anything? And how much are people actually willing to spend against the $XX Billion of investment?

Again it just seems like "sell to AAPL/GOOG/MSFT and let them figure it out".

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