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Do AI companies work?

benn.substack.com

241–250 of 457 posts

Re: Do AI companies work?

#241

Earlier quoted context omitted.

Is this satire? All of those industries listed significant disputes. If this is serious it's a concerning view of how science actually works.

Please name me these 'significant' disputes. Start with math.

Lots of drama around the ABC conjecture in recent years

Re: Do AI companies work?

#242

Earlier quoted context omitted.

I mean that's quite an assertion given how the value of existing digital ad space is already cratering and users are more than ever in open rebellion against ad supported services. And besides which, isn't the whole selling point of AI to be an agent that accesses the internet and filters out the bullshit? So what, you're going to do that, then add your own bullshit to the output?

I agree with everything you said in your previous post. The LLM as a search engine might basically eat Google's lunch in the same way the internet ate cable tv's lunch. Cable tv was a terrible product due to the advertising, and you could escape the BS by watching stuff online. Now look where we are.

Fun fact: Cable itself was originally the ad-free "premium" version of over-the-air television! And it eventually added some ads and then more ads and now we're at present day, where you get roughly 8 minutes of ads per 22 minutes of content.

I noticed visiting a hotel recently (like fuck I pay for cable!) that their cable service had sped up the intro of Law and Order SVU, presumably to make room for more advertisements.

Re: Do AI companies work?

#243

Kind of feels like the ride-sharing early days. Lots of capital being plowed into a handful of companies to grab market share. Economics don't really make sense in the short term because the vast majority of cash flows are still far in the future (Zero to One). In the end the best funded company, Uber, is now the most valuable (~$150B). Lyft, the second best funded, is 30x smaller. Are there any other serious ride sh…

It took 15 years for Uber to turn a profit. Will AI investors have that much patience?

Why wouldn't they? Uber is just cabs but without the overhead.

AI offers WAAAAYYYYY more money in the future.

Re: Do AI companies work?

#244
post #140

Earlier quoted context omitted.

The car wasn't a horse that was better, but a car has not changed drastically since they went mainstream. They've gotten better, more efficient, loaded with tech, but are still roughly 4 seats, 4 doors, 4 wheels, driven by petroleum. I know that this is a massive oversimplification, but I think we have seen the "shape" of LLMs\Gen AI\AI products already and it's all incremental improvements from here on out with more…

Feels like someone might have said this in 1981 about personal computers. "We've pretty much seen their shape. The IBM PC isn't fundamentally very different from the Apple II. Probably it's just all incremental improvements from here on out."

Yes, you can say all of them are Turing machines... but now those Turing machines are very fast and in your pocket and beat you at chess, etc. The UI/UX has changed humans.

Re: Do AI companies work?

#245

It seems very difficult to build a moat around a product when the product is supposed to be a generally capable tool and the input is English text. The more truly generally intelligent these models get the more interchangeable they become. It's too easy to swap one out for another.

The moat is/will be the virtuous cycle of feeding user usage back into the model like it is for Google. That historically has been a powerful tool and it's something thats nearly impossible to get as a newcomer to the marketplace.

Re: Do AI companies work?

#246
post #140

Earlier quoted context omitted.

The car wasn't a horse that was better, but a car has not changed drastically since they went mainstream. They've gotten better, more efficient, loaded with tech, but are still roughly 4 seats, 4 doors, 4 wheels, driven by petroleum. I know that this is a massive oversimplification, but I think we have seen the "shape" of LLMs\Gen AI\AI products already and it's all incremental improvements from here on out with more…

Feels like someone might have said this in 1981 about personal computers. "We've pretty much seen their shape. The IBM PC isn't fundamentally very different from the Apple II. Probably it's just all incremental improvements from here on out."

We had messaging, we had videogames, we had business tools or creative tools in 1981.

I think in fact the previous point stands: we've seen the shape of what's coming, it's gonna be now about incremental steps.

Re: Do AI companies work?

#247
LLM intelligence has plateaued for the past 12 months. Open source models are catching up while being 20x smaller than the original gpt4 (gemma2/llama3.2/qwen2.5).

AI companies are promising AGI to investors to survive a few more years before they probably collapse and don't deliver on that promise.

LLMs are now a commodity. It's time for startups to build meaningful products with it!

Re: Do AI companies work?

#249
post #165

Earlier quoted context omitted.

If this was true, you could lay back relaxed and watch where your brain takes you. But we experience life as a never ending stream of choices, usually between what's easy and what's right, and pursuing the right choice takes a constant effort. We are presented with problems and have to figure out solutions on our own, with no guarantees of success. This "I'm just an observer" idea may be true at some higher level, if…

> pursuing the right choice I don't agree with this framing. A person's opinion of what a "good" or "right" outcome is is one of the inputs to the algorithm . When you decide to put in less effort it's affecting the algorithm because the weight of the high-effort outcome is reduced.

Or, as Mistress Weatherwx put it,

The trouble is, you see, that if you do know Right from Wrong you can't choose Wrong. You just can't do it and live.

Re: Do AI companies work?

#250

This is like when VCs were funding all kinds of ride share, bike share, food delivery, cannabis delivery, and burning money so everyone gets subsidized stuff while the market figures out wtf is going on. I love it. More goodies for us

Where I live the ridesharing/delivering startups didn't bring goodies, they just made everything worse. They destroyed the Taxi industry, I used to be able to just walk out to the taxi rank and get in the first taxi, but not anymore. Now I have to organize it on an app or with a phone call to a robot, then wait for the car to arrive, and finally I have to find the car among all the others that other people called. Fo…

"They destroyed the Taxi industry"

In every city I have lived, that is a good thing, despite all the bad things ridesharing startups may have done.

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