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Mark Zuckerberg freezes AI hiring amid bubble fears

telegraph.co.uk

471–480 of 936 posts

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#471
post #451

Earlier quoted context omitted.

https://www.npr.org/2025/06/23/nx-s1-5432712/ai-video-ad-kal... Typical large team $300,000 ad made for It's going to be a bloodbath.

> Kalshi's Jack Such declined to disclose Accetturo's fee for creating the ad. But, he added, "the actual cost of prompting the AI — what is being used in lieu of studios, directors, actors, etc. — was under $2,000." So in other words, if you ignore the costs of paying people to create the ad, it barely costs anything. A true accounting miracle!

Do you pay people to pump your gas?

How about harvesting your whale blubber to power your oil lamp at night?

The nature of work changes all the time.

If an ad can be made with one person, that's it. We're done. There's no going back to hiring teams of 50 people.

It's stupid to say we must hire teams of 50 to make an advertisement just because. There's no reason for that. It's busy work. The job is to make the ad, not to give 50 people meaningless busy work.

And you know what? The economy is going to grow to accommodate this. Every single business is now going to need animated ads. The market for video is going to grow larger than we've ever before imagined, and in ways we still haven't predicted.

Your local plumber is going to want a funny action movie trailer slash plumbing advertisement to advertise their services. They wouldn't have even been in the market before.

You're going to have silly videos for corporate functions. Independent filmmakers will be making their own Miyazaki and Spielberg epics that cater to the most niche of audiences - no more mass market Marvel that has to satisfy everybody, you're going to see fictional fantasy biopic reimaginings of Grace Hopper fighting the vampire Nazis. Whatever. There'll be a market for everything, and 100,000 times as many creators with actual autonomy.

In some number of years, there is going to be so much more content being produced. More content in single months than in all human history up to this point. Content that caters to the very long tail.

And you know what that means?

Jobs out the wazoo.

More jobs than ever before.

They're just going to look different and people will be doing more.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#472

Earlier quoted context omitted.

I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." We're clearly seeing what AI will eventually be able to do, just like many VOD, smartphone and grocery delivery companies of the 90s did with the internet. The groundwork has been laid, and it's not too hard to see the shape of things to come. This tech, however, is still far too immature for a lot of use cases. There's enough…

Or maybe not. Scaling AI will require an exponential increase in compute and processing power, and even the current LLM models take up a lot of resources. We are already at the limit of how small we can scale chips and Moore’s law is already dead. So newer chips will not be exponentially better but will be more of incremental improvements, so unless the price of electricity comes down exponentially we might never see…

We know for a fact that human level general intelligence can be achieved on a relatively modest power budget. A human brain runs on somewhere from about 20-100W, depending on how much of the rest of the body's metabolism you attribute to supporting it.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#474

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).

The answer is fairly straightforward. It's fraud, and lots of it. A honest businessman wouldn't put their company into a stock bubble like this. Zuckerberg runs his mouth and tells investors what they want to hear, even if it's unbacked. A honest businessman would never have gotten Facebook this valuable because so much of the value is derived from ad-fraud that Facebook is both party to and knows about. A honest bus…

What is a good resource to read about the ad fraud? This is the first I'm hearing of that.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#475

Scaling AI will require an exponential increase in compute and processing power, and even the current LLM models take up a lot of resources. We are already at the limit of how small we can scale chips and Moore’s law is already dead. So newer chips will not be exponentially better but will be more of incremental improvements, so unless the price of electricity comes down exponentially we might never see AGI at a pric…

We are a few months into our $bigco AI push and we are already getting token constrained. I believe we really will need massive datacenter rollouts in order to get to the ubiquity everyone says will happen.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#476
post #380

Earlier quoted context omitted.

Blame short sighted investors asking Sears to "focus"

They weren't wrong. Its core business in what is still a viable-enough sector collapsed. Or if it were truly well-managed, running an ISP and a retailer should have been enough insight to be Amazon.

It wasn't possible for them to be well managed at the time it mattered. Sears was loaded with debt by private equity ghouls; same story for almost all defunct brick and mortar businesses; Amazon was a factor, but private equity is what actually destroyed them.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#477

Earlier quoted context omitted.

I think many people just really dislike Zuckerberg as a human being and Meta as a company. Social media has seriously damaged society in many ways. It’s not perfectionism, it’s a desire to dunk on what you don’t like whenever the opportunity arises.

It's an entertainment tool. Like a television or playstation. Only a fool would think social media is anything more.

Sure, but society is full of fools. Plenty of people say social media is the primary way they get news. Social media platforms are super spreaders of lies and propaganda.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#478

Scaling AI will require an exponential increase in compute and processing power, and even the current LLM models take up a lot of resources. We are already at the limit of how small we can scale chips and Moore’s law is already dead. So newer chips will not be exponentially better but will be more of incremental improvements, so unless the price of electricity comes down exponentially we might never see AGI at a pric…

We are either limited by compute, available training data, or algorithms. You seem to believe we are limited by compute. I've seen other people argue that we are limited by training data. It is my totally inexpert belief that we are substantially limited by algorithms at this point.

I think algorithms is a unique limit because it changes how much data or compute you need. For instance, we probably have the algorithms we need to brute force solving more problems today, but they require infeasible compute or data. We can almost certainly train a new 10T parameter mixture of experts that continues to make progress in benchmarks, but it will cost so much to train and be completely undeployable with today’s chips, data, and algorithms.

So I think the truth is likely we are both compute limited and we need better algorithms.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#479

Earlier quoted context omitted.

I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." We're clearly seeing what AI will eventually be able to do, just like many VOD, smartphone and grocery delivery companies of the 90s did with the internet. The groundwork has been laid, and it's not too hard to see the shape of things to come. This tech, however, is still far too immature for a lot of use cases. There's enough…

Is some potential AGI breakthrough in the future going to be from LLMs or will they plateau in terms of capabilities? Its hard for me to imagine Skynet growing from chatgpt

The old story of paperclip AI shows that AGI is not needed for sufficiently smart computer to be dangerous.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#480

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-...

Ability vastly increases your luck surface area. A single poker hand has a lot of luck, and even a game, but over long periods, ability starts to strongly differentiate peoples' results.
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