itt: confirmation bias
Mark Zuckerberg freezes AI hiring amid bubble fears
501–510 of 936 posts
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#502It 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…
When will the investors run out of money and stop funding hypes?
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#503These changes in direction (spending billions, freezing hiring) over just a few months show that these people are as clueless as to what's going to happen with AI, as everyone else. They just have the billions and therefore dictate where money goes, but that's it.
This is why I ignore anything that CEOs say about AI in the news. Examples, AGI in a few years, most jobs will be obsolete, etc.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#504Earlier 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.
They weren't wrong.
Evidence suggests that maybe they were. "Focusing" obviously didn't work.
But at the end of the day, it was private equity and the hubris of a CEO who wasn't nearly as clever as he'd like to have thought he was.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#505Earlier 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-...
People also underestimate the value of maximizing opportunities for luck. If we think of luck as random external chance that we can't control, then what can we control? Doing things that increase your exposure to opportunities without spreading yourself too thin is the key. Easier said than done to strike that balance, but getting out there and trying a lot of things is a viable strategy even if only a few of them pay off. The trick is deciding how long to stick with something that doesn't appear to be working out.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#506Earlier 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…
>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.
> I did think the same thing about the 8bit era of video games.
Can you elaborate? That sounds interesting.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#507Dear lord can Meta hiring be any more unstable? HR dept must be a revolving door at this point
I got an email recently from a Meta recruiter of I'm interested in a non technical leadership position. I'm a programmer.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#508It 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…
"little shortsighted"
Or, this knowingly could not be sustained. So they scooped up all the talent they wanted before anybody could react, all at once, with big carrots. And then hit pause button to let all that new talent figure out the next step.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#509Earlier quoted context omitted.
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.
I agree with this, but how will these companies make money? Short of a breakthrough, the consumer isn't ready to pay for it, and even if they were, open source models just catch up. My feelings are that most of the "huge advancements" are not going to benefit the people selling AI. I'd put my money on those who sell the pickaxes, and the companies who have a way to use this new tech to deliver more value.
Yeah, I've always found it a bit puzzling how companies like OpenAI/Anthropic have such high valuations. Like what is the actual business model? You can sell inference-as-a-service of course but given that there are a half-dozen SOTA frontier models and the compute cost of inference is still very high it just seems like there is no margin in it. Nvidia captures so much value on the compute infrastructure and competition pushes prices down for inference and what is left?
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#510Earlier quoted context omitted.
I see the point at the moment on “low quality advertising”, but we are still far from high quality video generated for AI. It’s the equivalent of those cheap digital effects. They look bad for a Hollywood movie, but it allows students to shot their action home movies
You're looking at individual generations. These tools aren't for casual users expecting to 1-shot things. The value is in having a director, editor, VFX compositor pick and choose from amongst the outputs. Each generation is a single take or simulation, and you're going to do hundreds or thousands. You sift through that and explore the latent space, and that's where you find your 5-person Pixar. Human curated AI is a…
Is there any example of an AI generated film like this that is actually coherent? I've seen a couple short ones that are basically just vibe based non-linear things.