Earlier quoted context omitted.
Nobody seems to remember how the Segway was going to change our world, backed by many of the VC power figures at the time + Steve Jobs.
It reappeared as e-bikes and e-scooters - Lime, Bird, etc.
No it didn't
Elon Musk wanted an OpenAI for-profit
151–160 of 678 posts
Re: Elon Musk wanted an OpenAI for-profit
#152Re: Elon Musk wanted an OpenAI for-profit
#153Maybe a weird question, but how does a capitalist economy work where AGI-performed-labor is categorically less expensive than human-performed labor? Do most people who labor for wages just go unemployed, and then bankrupt, and then die?
By artificially recreating scarcity in virtual space and reproducing the same kind economic dynamic there, what Antonio Negri called 'symbolic production'. Think fashion brands, video game currency, IP, crypto, Clubhouse, effectively the world we're already in. There's an older essay by Zizek somewhere where he points out that this already has played out. Marx was convinced 'general intellect', what we know call the…
Most people have nothing to contribute in the virtual/knowledge realm. Certainly not enough to live on.
Re: Elon Musk wanted an OpenAI for-profit
#154> You can’t sue your way to AGI. We have great respect for Elon’s accomplishments and gratitude for his early contributions to OpenAI, but he should be competing in the marketplace rather than the courtroom. Isn't that exactly what he's doing with x.ai? Grok and all that? IIRC Elon has the biggest GPU compute cluster in the world right now, and is currently training the next major version of his "competing in the mar…
>Isn't that exactly what he's doing with x.ai? Grok and all that? They aren't saying he isn't. But he is trying to handicap OpenAI, while his own offering at this point is farcical. >It will be interesting to see how this blog post ages. Whether Elon's "dump billions to try to get attention for The Latest Thing" attempt succeeds or not -- the guy has an outrageous appetite to be the center of attention, and sadly peo…
Eh grok is bad but I wouldn't call it farcial. It's terrible at multimodal, but in terms of up to date recent cultural knowledge, sentiments, etc. it's much better than the stale GPT models (even with search added)
Re: Elon Musk wanted an OpenAI for-profit
#155A few weeks ago my OpenAI credits expired and I was billed to replace them. I had no idea this was the business model, fine you got me with your auto-renew scam because you decided my tokens were spoiled. At some point, OpenAI became who they said they werent. You can't even get chatgpt to do anything fun anymore as the lawyers have hobbled its creative expression. And now they want to fight with Elon over what they…
The free credit or the tokens? Because that's a very different story.
Re: Elon Musk wanted an OpenAI for-profit
#156Maybe a weird question, but how does a capitalist economy work where AGI-performed-labor is categorically less expensive than human-performed labor? Do most people who labor for wages just go unemployed, and then bankrupt, and then die?
Comparative advantage. Even if AGI is better at absolutely all work the amount of work it is capable of doing is finite. So AGI will end up mostly being used for the highest value, most differentiated work it’s capable of, and it will “trade” with humans for work where humans have a lower opportunity cost, even if it would technically be better at those tasks too.
Basically the same dynamic that you see in e.g. customer support. A company’s founder is going to be better than your typical tier 1 support person at every tier 1 support task, but the founder’s time is limited and the opportunity cost of spending their time on first-contact support is high.
Re: Elon Musk wanted an OpenAI for-profit
#157Earlier quoted context omitted.
That same space company said that they'd do point to point commercial travel using rockets. As for significantly outperforming: Ask NASA, price per launch has gone UP not DOWN. What's the point of reusability if it doesn't affect the bottom line in a positive way?
> The development of commercial launch systems has substantially reduced the cost of space launch. NASA’s space shuttle had a cost of about $1.5 billion to launch 27,500 kg to Low Earth Orbit (LEO), $54,500/kg. SpaceX’s Falcon 9 now advertises a cost of $62 million to launch 22,800 kg to LEO, $2,720/kg. https://ntrs.nasa.gov/citations/20200001093 Why do you lie?
It is required to assume good faith in you HN replies… which imo makes it a nicer place to discuss things. People can be wrong about things or be referring to different information without intentionally lying.
Re: Elon Musk wanted an OpenAI for-profit
#158> You can’t sue your way to AGI. We have great respect for Elon’s accomplishments and gratitude for his early contributions to OpenAI, but he should be competing in the marketplace rather than the courtroom. Isn't that exactly what he's doing with x.ai? Grok and all that? IIRC Elon has the biggest GPU compute cluster in the world right now, and is currently training the next major version of his "competing in the mar…
> biggest GPU compute cluster in the world right now This is wildly untrue, and most in industry know that. Unfortunately you won't have a source just like I won't, but just wanted to voice that you're way off here.
I don't think you've been paying attention to the industry even though your posturing like an insider.
Re: Elon Musk wanted an OpenAI for-profit
#159Earlier quoted context omitted.
They're not talking about your anecdotes, they're talking about the capex and returns. Which are overwhelmingly negative.
I mean, inference costs have decreased like 1000x in a few years. OpenAI is the fastest growing startup by revenue, ever. How foolish do you have be to be worrying about ROI right now? The companies that are building out the datacenters produce billions per year in free cash flow. Maybe OP would prefer a dividend?
Given how close the tech is to running on consumer hardware — by which I mean normal consumers not top-end MacBooks — there's a real chance that the direct ROI is going to be exactly zero within 5 years.
I say direct, because Chrome is free to users, yet clearly has a benefit to Google worth spending on both development and advertising the browser to users, and analogous profit sources may be coming to LLMs for similar reasons — you can use it locally so long as you don't mind every third paragraph being a political message sponsored by the Turquoise Party of Tumbrige Wells.
Re: Elon Musk wanted an OpenAI for-profit
#160Neither they nor Elon can or should be trusted to tell the truth. The only utility this statement should have is to illustrate whatever public narrative OAI wishes to affect.