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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

#331

Post by throawaywpg »

alsetmusic wrote: post #191

It 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…

The line was to buy Amazon as it was undervalued a la IBM or Apple based on its cloud computing capabilities relative to the future (projected) needs of AI.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#332

Post by dwnw »

Hammershaft wrote: post #159
SoftTalker wrote: post #41

Nothing would give me a nicer feeling of schadenfreude than to see Meta, Google, and these other frothing-at-the-mouth AI hucksters take a bath on their bets.

Can we try to not turn HN into this? I come to this forum to find domain experts with interesting commentary, instead of emotionally charged low effort food fights.

your comment somehow feels more emotionally charged and low effort than the original. here, let's continue that...

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#333

Post by alecsm »

benterix wrote: post #290
torginus wrote: post #228

Earlier 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-...

Success happens when luck meets hard work.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#334

Post by AnotherGoodName »

echelon wrote: post #312
skeezyboy wrote: post #296

Earlier quoted context omitted.

>I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." I totally agree with you... though the other day, I did think the same thing about the 8bit era of video games.

Speaking of Netflix - I think the image, video, audio, world model, diffusion domains should be treated 100% separately from LLMs. They are not the same thing. Image and video AI is nothing short of revolutionary. It's already having huge impact and it's disrupting every single business it touches. I've spoken with hundreds of medium and large businesses about it. They're changing how they bill clients and budget pro…

Fwiw LLMs are also revolutionary. There's currently more anti-AI hype than AI hype imho. As in there's literally people claiming it's completely useless and not going to change a thing. Which is crazy.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#335

Post by Miraste »

marknutter wrote: post #306
benterix wrote: post #290

Earlier quoted context omitted.

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-...

[flagged]

This might be true for a normal definition of success, but not lottery-winner style success like Facebook. If you look at Microsoft, Netflix, Apple, Amazon, Google, and so on, the founders all have few or zero previous attempts at starting a business. My theory is that this leads them to pursue risky behavior that more experienced leaders wouldn't try, and because they were in the right place at the right time, that earned them the largest rewards.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#336

Post by Temporary_31337 »

fartfeatures wrote: post #103
onlyrealcuzzo wrote: post #18

Earlier quoted context omitted.

I really don't understand this massive flip flopping. Do I have this timeline correct? * January, announce massive $65B AI spend * June, buy Scale AI for ~$15B, massive AI hiring spree, reportedly paying millions per year for low-level AI devs * July, announce some of the biggest data centers ever that will cost billions and use all of Ohio's water (hyperbolic) * Aug, freeze, it's a bubble! Someone please tell me I'v…

Maybe they are poisoning the well to slow their competitors? Get the funding you need secured for the data centers and the hiring, hire everyone you need and then put out signals that there is another AI winter.

occam's razor

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#339

Post by michaelt »

marknutter wrote: post #306
benterix wrote: post #290

Earlier quoted context omitted.

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-...

[flagged]

This is just cope for people with a massive string of failed attempts and no successes.

Daddy's giving you another $50,000 because he loves you, not because he expects your seventh business (blockchain for yoga studio class bookings) is going to go any better than the last six.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#340

Post by _Algernon_ »

skeezyboy wrote: post #300
_Algernon_ wrote: post #284

Earlier quoted context omitted.

You should read Careless People if this boggles your mind.

youre thinking of ordinary people by john lennon

I'm thinking of exactly what I said[^1] :)

[1]: https://en.wikipedia.org/wiki/Careless_People

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