571–580 of 803 posts
That's a startup.
Not folks getting a BILLION dollars having no product and just ten people. Sorry but this is just so overhyped and sad. This is not the valley I came to live in back in the 90s and 2000s
We don't even understand how the brain functions completely, not even close. Until we have a complete understanding of how our own GI works down to the exact bio-mechanical level, we can't achieve AGI. That's the theoretical basis and path for achieving AGI (if it's even possible). I'm tired of all the "we stick enough data in the magic black box blender and ta-da! AGI!" Every giant technological break-through throug…
Wait until you learn about Anesthesia!
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Two of the founders are Israeli and the other is French, I think (went to University in France). Israel is a leading AI and software development hub in the world.
> Israel is a leading AI and software development hub... Yep, and if any place will produce the safest AI ever, its got to be there.
Israeli military operations continues to this day with over 41,000 civilians killed.
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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".
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…
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…
VCs at the big/mega funds make most of their money from fees, they don't actually care as much about the potential portfolio investment exits 10-15 years from now. What they care MOST about is the ability to raise another fund in 2-3 years, so they can milk more fees from LPs. i.e. 2% fee PER YEAR on a 5bn fund is a lot of guaranteed risk-free money. To be able to achieve that is entirely dependent on two things: 1)…
an LP is a "limited partner." they're the suckers (or institutional investors, endowments, pensions, rich folks, etc.) that give their cash to venture capital (VC) firms to manage. LPs invest in VC funds but don't have control over how the money gets used—hence *limited* partner. they just hope the VCs aren't burning it on overpriced kombucha and shitty "web3" startups.
meanwhile, the VCs rake in their fat management fees (like the 2% mentioned) and also get a cut of any profits (carry). VCs are more concerned with looking busy and keeping those sweet fees rolling in than actually giving a fuck about long-term exits.
Someone wants to fund my snide, cynical AI HN comment explainer startup? We are too cool for long term plans, but we use AI.
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…
If Ilya is sincere in his belief about safe superintelligence being within reach in a decade or so, and the investors sincerely believe this as well, then the business plan is presumably to deploy the superintelligence in every field imaginable. "SSI" in pharmaceuticals alone would be worth the investment. It could cure every disease humanity has ever known, which should give it at least a $2 trillion valuation. I'm…
No amount of intelligence can do this without the experimental data to back it up.
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Are you a VC? If they really didn't care about their investment exits, that would be crazy.
I think they treat success and failure as mostly luck, with a tiny bit of hygiene The trick is being in the game long enough
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It’s made Reddit unusable without an account, which makes me wonder why it’s even on the web anymore and not an app. I guess legacy users that only use a web browser.
did that not predate chatgpt?
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> 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...
There was a very good paper in Nature showing this definitively: https://news.ycombinator.com/item?id=41437933 Modern ANN architectures are not actually capable of long-term learning in the same way animals are, even stodgy old dogs that don't learn new tricks. ANNs are not a plausible model for the brain, even if they emulate certain parts of the brain (the cerebellum, but not the cortex) I will add that transformer…