Mark Zuckerberg freezes AI hiring amid bubble fears
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Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#302Quality over quantity. Apparently its better to pay $100 million for 10 people than $1 million for 1000 people.
One person who's figured how to make ASI is more useful than a bunch that haven't. Not sure that actually applies anywhere.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#303Earlier 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…
You really can't compare "AI" to a single website, it makes no sense
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#304It almost seems as though the record-setting bonuses they were dolling out to hire the top minds in AI might have been a little shortsighted. A couple of years ago, I asked a financial investment person about AI as a trick question. She did well by recommending investing in companies that invest in AI (like MS) but who had other profitable businesses (like Azure). I was waiting for her to put her foot in her mouth an…
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#305I’ve never seen so much evidence for a bubble yet so much potential to be the biggest Thing ever. Just getting a lot of mixed signals right now. Not sure what to think.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#306Earlier quoted context omitted.
It boggles the mind that this kind of management is what it takes to create one of the most valuable companies in the world (and becoming one of the world's richest in the process).
It's a cliche but people really underestimate and try to downplay the role of luck[0]. [0] https://www.scientificamerican.com/blog/beautiful-minds/the-...
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#307It almost seems as though the record-setting bonuses they were dolling out to hire the top minds in AI might have been a little shortsighted. A couple of years ago, I asked a financial investment person about AI as a trick question. She did well by recommending investing in companies that invest in AI (like MS) but who had other profitable businesses (like Azure). I was waiting for her to put her foot in her mouth an…
I think we will see the opposite. If we made no progress with LLMs we'd still have huge advancements and growth opportunities enhancing the workflows and tuning them to domain specific tasks.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#308Earlier quoted context omitted.
Past a certain point, skill doesn't contribute to the magnitude of success and it becomes all luck. There are plenty of smart people on earth, but there can only be 1 founder of facebook.
Plenty of smart people prefer not to try their luck, though. A smart but risk-avoidant person will never be the one to create Facebook either.
Dude makes a website in his dorm room and I guess eventually accepts free money he is not obligated to pay back.
What risk?
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#309A freeze like this is common and basically just signals that they are ready to get to work with the current team they have. The whole point of the AI org is to be a smaller, more focused, and lean org, and they have been making several strategic hires for months at this point. All this says is that zuck thinks the org is in a good spot to start executing.
From talking with people at and outside of the company, I don't have much reason to believe that this is some kneejerk reaction to some supposed realization that "its all a bubble." I think people are conflating this with whatever Sam Altman said about a bubble.