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Mark Zuckerberg freezes AI hiring amid bubble fears

telegraph.co.uk

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Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#211

Post by butlike »

Andrex wrote: post #149
ozgung wrote: post #132

Earlier quoted context omitted.

By Amara's Law and Gartner Hype cycle every technological breakthrough looks like a bubble. Investors and technologist should already know that. I don't know why they're acting like altcoins in 2021.

1 breakthrough per 99 bubbles would make anyone cautious. The rule should be to assume a bubble is happening by default until proven otherwise by time.

That's actually how you create a death spiral for your company. You have to assume 'growth' and not 'death'. 'life' over 'lost'. 'flourishing' over 'withering'. That you're strong enough to survive.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#212

Post by saubeidl »

TrackerFF wrote: post #53

I really do wonder if any of those rock star $100m++ hires managed to get a 9-figure sign-on bonus, or if the majority have year(s) long performance clauses. Imagine being paid generational wealth, and then the house of cards comes crashing down a couple of months later.

Must feel real good to get a golden ticket out of the bubble collapse when it's this imminent.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#213

Post by butlike »

thrown-0825 wrote: post #91
arcticbull wrote: post #86

Earlier quoted context omitted.

Absolutely, not everything they do will succeed but that's okay too, right? At this point their core products are used by 1 in 2 humans on earth. They need to get people to have more kids to expand their user base. They're gonna throw shit at the wall and not everything will stick, and they'll ship stuff that's not quite done, but they do have to keep trying; I can't bring myself to call that "failure."

their core product IS 1 of 2 humans on earth. the product is used by advertisers to sell stuff to those humans.

So you're saying the ad revenue sort of allows them to "be their own bank?"

Then they can bankroll their own new entrepreneurial ideas risk-free, essentially.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#214

Post by BowBun »

boringg wrote: post #190
krona wrote: post #153

Earlier quoted context omitted.

Taking rockstar players 'off the pitch' is the best way second-rate competitors can neutralize their opponents' advantage.

Its a great way to kneecap collective growth and development.

This has never been the goal of any business, despite what they say.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#216

Post by butlike »

aleph_minus_one wrote: post #88
steve1977 wrote: post #42

Earlier quoted context omitted.

IMHO Mark Zuckerberg is a textbook case of someone who got lucky once by basically being in the right place at the right time, but who attributes his success to his skill. There’s probably a proper term for this.

> IMHO Mark Zuckerberg is a textbook case of someone who got lucky once by basically being in the right place at the right time, but who attributes his success to his skill. It is no secret that the person who turned Facebook into a money-printing machine is/was Sheryl Sandberg. Thus, the evidence is clear that Mark Zuckerberg had the right idea at the right time (the question is whether this was because of his skill…

I mean, there's also a reason the board hasn't ousted him.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#218

Post by marcyb5st »

_heimdall wrote: post #115
marcyb5st wrote: post #74

Earlier quoted context omitted.

Note: I was too young to fully understand the dot com bubble, but I still remember a few things. The difference I see is that, conversely to websites like pets.com, AI gave the masses something tangible and transformative with the promise it could get even better. Along with these promises, CEOs also hinted at a transformative impact "comparable to Electricity or the internet itself". Given the pace of innovation in…

> The difference I see is that, conversely to websites like pets.com, AI gave the masses something tangible and transformative with the promise it could get even better. The promise is being offered, that's for sure. The product will never get there, LLMs by design will simply never be intelligent. They seem to have been banking on the assumption that human intelligence truly is nothing more than predicting the next…

I agree with you fully.

However, even friends/colleagues that like me are in the AI field (I am more into the "ML" side of things) always mention that while it is true that predicting the next token is a poor approximation of intelligence, emergent behaviors can't be discounted. I don't know enough to have an opinion on that, but for sure it keeps people/companies buying GPUs.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#220

Post by butlike »

aleph_minus_one wrote: post #112
apwell23 wrote: post #110

Earlier quoted context omitted.

it wasn't sheryl

Who was it then?

It was YOU! As an IC, remember: you're one of the most valuable assets at Meta! Without you, we couldn't build cool products like...

etc. etc.

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