This jumped out at me:
"The NYT claims it discussed OpenAI's negotiations with nine people close to the discussions but who wish to remain anonymous."
"Claims"? Generally newspapers do not lie about the sourcing for a story.
TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
171–180 of 581 posts
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#172Earlier quoted context omitted.
There's no accounting for taste, but keep in mind that all of these services are currently losing money, so how much would you actually be willing to pay for the service you're currently getting in order to let it break even? There was a report that Microsoft is losing $20 for every $10 spent on Copilot subscriptions, with heavy users costing them as much as $80 per month. Assuming you're one of those heavy users, wo…
If it makes software developers 10% more productive there sure would be many companies who'd pay $80 a month per seat.
Maybe there are people out there working in coding sweatshops churning out boilerplate code 8 hours a day, 50 weeks a year - people who's job is 100% coding (not what I would call software engineers or developers - just coders). It's easy to imagine that for such people (but do they even exist?!) there could be large productivity gains.
However, for a more typical software engineer, where every project is different, you have full lifecycle responsibility from design through coding, occasional production support, future enhancements, refactorings, updates for 3rd party library/OD updates, etc/etc, then how much of your time is actually spent pure coding (non-stop typing) ?! Probably closer to 10-25%, and certainly no-where near 100%. The potential overall time saving from a tool that saves, let's say, 10-25% of your code typing is going to be 1-5%, which is probably far less than gets wasted in meetings, chatting with your work buddies, or watching bullshit corporate training videos. IOW the savings is really just inconsequential noise.
In many companies the work load is cyclic from one major project to the next, with intense periods of development interspersed with quieter periods in-between. Your productivity here certainly isn't limited by how fast you can type.
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#173> OpenAI’s business model, as it exists today, doesn’t really inspire confidence, as it seems to exist on the promise of ‘jam tomorrow.’ Specifically, the firm has an income of approximately $3 billion per year, which is put in deep shade by its $7 billion annual expenditure. So a yearly loss of 4 billion dollars or losing $10 million daily. The IPOs basically (mostly) have been operating just the way Bitcoin has bee…
Most of the expense can probably be attributed to training and operating their free-tier. They can shut off both of them any day and become insanely profitable. I don't think people realize the sheer magnitude of reaching $3B ARR in under two years. Is there an AI hype? Sure. Is it a crypto-like bubble just where everyone is just peddling BS? No, not even close.
OpenAI has no clear moat though. If they shut off training, everyone would just move over to a competitor.
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#174I was having some kind of issue the other day - browser cache corruption issue or ChatGPT hiccuped for a few minutes - but I needed to know an answer for a thing RIGHT NOW. I reluctantly went back to Google and searched for it the old way. Just ... OMFG ... I used to do this all the time? This used to be how you learned things? You mean I get to read 10 sites and 25 dumb answers to get to a possibly correct one? And…
> Just ... OMFG ... I used to do this all the time? This used to be how you learned things? No. Google is really not useful anymore, it wasn't like that. It is IMPOSSIBLE to search for what you want, Google just think they know what you want and literally change the words to match. It is crazy.
I think Google, with regard to Search here, is in the Skin The Sheep phase of its story arc. Innovation is done, market dominance is here, no point in innovating because they're making so much money. The total shit state that is Google Search these days is a tacit admission that search as we know it is over. No more innovating, instead lets suck as much money out of this thing as we can today because its going away. Good news is things become pure profit for Google while they wait for the inevitable changing of the guard and their replacement becomes the new normal.
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#175> OpenAI’s business model, as it exists today, doesn’t really inspire confidence, as it seems to exist on the promise of ‘jam tomorrow.’ Specifically, the firm has an income of approximately $3 billion per year, which is put in deep shade by its $7 billion annual expenditure. So a yearly loss of 4 billion dollars or losing $10 million daily. The IPOs basically (mostly) have been operating just the way Bitcoin has bee…
Most of the expense can probably be attributed to training and operating their free-tier. They can shut off both of them any day and become insanely profitable. I don't think people realize the sheer magnitude of reaching $3B ARR in under two years. Is there an AI hype? Sure. Is it a crypto-like bubble just where everyone is just peddling BS? No, not even close.
> I don't think people realize the sheer magnitude of reaching $3B ARR in under two years.
These things impress people who fail to digest business fundamentals. Anyone with a suit and a slick powerpoint preso can in theory start a money-incinerating machine. The real measurement is the profit. And before someone makes the "capture the market" comment - this isn't ZIRP anymore. Money costs fuckin money now.
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#176Earlier quoted context omitted.
I don't think if complexity is the right metric. front-end JS can easily also become very complex I think a better metric is how close you are to reinventing a wheel for the thousands time. Because that is what LLMs are good at: Helping you write code which nearly the same way has already been written thousands of times. But that is also something you find in backend code, too. But that is also something where we as…
LLM Code Assistants have succeeded at facilitating reusable code. The grail of OOP and many other paradigms. We should not have an entire industry of 10,000,000 devs reinventing the JS/React/Spring/FastCGi wheel. Im sure those humans can contribute in much better ways to society and progress.
> LLM Code Assistants have succeeded at facilitating reusable code.
I'd have said the opposite. I think LLMs facilitate disposable code. It might use the same paradigms and patterns, but my bet is that most LLM written code is written specifically for the app under development. Are there LLM written libraries that are eating the world?
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#177The current AI hype wave has really hit a nerd soft spot - that we're steps away from AGI. Surely if a computer can make plausible-looking but incorrect sentences we're days away from those sentences being factually accurate! The winter after this is gonna be harsh.
Using Claude 3.5 Sonnet in Cursor Composer already shows huge benefits for coding. I'm more productive than ever before. The models are still getting better and better. I'm not saying AGI is right around the corner or that we will reach it, but the benefits are undeniable. o1 added test-time compute. No need to be snarky.
how come MS Teams is still trash when everyone is being so much more productive? Shouldn't MS - sitting at the source - be able to create software wonders like all the weekend warriors using AI?
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#178[flagged]
What do we call the Middle East then?
West Asia: https://en.wikipedia.org/wiki/West_Asia
Southwest Asia: https://www.britannica.com/place/Southwest-Asia
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#179[deleted]
Re: TSMC execs allegedly dismissed OpenAI CEO Sam Altman as 'podcasting bro'
#180Earlier quoted context omitted.
If it makes software developers 10% more productive there sure would be many companies who'd pay $80 a month per seat.
It's like saying "AI is going to replace book writers because they are so much more productive now". All you will get is more mediocre content that someone will have to fix later - the same with code. 10% more productive. What does that mean? If you mean lines of code, then it's an incredibly poor metric. They write more code, faster. Then what? What are the long-term consequences? Is it ultimately a wash, or even a…
LLMs set a new minimum level; because of this they can fill in the gaps in a skillet — if I really suck at writing unit tests, they can bring me up from "none" to "it's a start". Likewise all the other specialities within software.
Personally I am having a lot of fun, as an iOS developer, creating web games. No market in that, not really, but it's fun and I wouldn't have time to update my CSS and JS knowledge that was last up-to-date in 1998.