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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

#821

Post by cma »

xuki wrote: post #718
danpalmer wrote: post #706

Zuckerberg either doesn't have the resolve for changing the business, or just keeps picking the wrong directions (depending on your biases). First Facebook tried to pivot into mobile, pushed really hard for a short time and then flopped. Then Facebook tried really hard to make the Metaverse a thing, and for a while, but eventually Meta stopped finding it interesting and significantly reduced investment. Then AI was t…

For the past 15 years, mobile has been the main revenue source for Facebook. As big as Facebook is, they're at the mercy of the 2 competitors: Apple and Google. Apple has been very hostile to Facebook, because Facebook make a shitload of money off Apple's platform and they refused to pay a certain percentage to Apple - unlike Google who is paying 20B a year to access iOS users. Apple tried to cut Facebook off with AT…

Meta Quest Store charges the same cut as Apple with stricter control in many ways.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#823

Post by balamatom »

JumpCrisscross wrote: post #654
ghurtado wrote: post #385

Earlier quoted context omitted.

why is there so much of this on HN? I'm on a few social networks, but this is the only one where I find this kind of quasi-spiritual, stream of consciousness, word length steadily increasing, pseudo-technical, word salad diatribes? It's very unique to this site and these type of comments all have an eerily similar vibe.

Between “presumes a solid grasp of which things out there are not fraud besides those which are coercion, but that's not a subject I'm interested in having an opinion about,” before going on and sharing an opinion on that subject, and “even the Invisible Hand of the market is hand-shaped,” I think it may just be AI slop.

Literacy barrier. One of the reason the invisible foot of the market decided to walk in the direction of language machines is to discourage people from playing with language, because that's doodoo.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#824

Post by krige »

xuki wrote: post #801
danpalmer wrote: post #741

Earlier quoted context omitted.

> For the past 15 years, mobile has been the main revenue source for Facebook. As big as Facebook is, they're at the mercy of the 2 competitors Before mobile was this big, Facebook tried their own platform and bottled it. This was during the period that the market was still diverse, with Windows phones, Blackberries, etc. They also tried to make mobile web a thing for a few years past when it was obvious that native…

Facebook certainly did not have the resources and experiences to make a mobile OS at that point. Microsoft tried and failed, there was no space for a 3rd mobile OS. > They also tried to make mobile web a thing for a few years past when it was obvious that native apps were the way forward. This was one of the first friction Facebook encountered with Apple. They wanted to make their own store in the Facebook app on iOS…

Microsoft tried and then pulled a google i.e. they randomly gave up on something people were actively using.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#825

Post by turzmo »

awalsh128 wrote: post #503
seu wrote: post #422

These 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.

CEO's were never credible to begin with, but what about Nobel laureate in Physics, Geoffrey Hinton, telling us to stop training radiologists? Nothing makes sense anymore.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#826

Post by Imustaskforhelp »

aspenmayer wrote: post #789
Imustaskforhelp wrote: post #776

Earlier quoted context omitted.

There were a lot of things too big to fail Lehman brothers, Enron. When this bubble pops, its going to be absolute chaos maybe just like last time

It will be chaos for those working at Meta and those invested in them too much without an appropriate hedge. I doubt I will notice much, to be honest. Even if Meta tanked, unless Messenger/Whatsapp stop working, it’s kind of beside the point how much their stock trades for. Everyone will just use whatever has or keeps the most public interest, whether that is Meta-owned or something else. The worrying aspect is that…

I meant that if meta actually goes under, since they are clearly a decent part of S&P 500, it might create a spiraling effect similar to lehman brothers which can affect the world economy and thus you and me both.

They better get their shit sorted.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#827

Post by unmole »

foxylad wrote: post #717
danpalmer wrote: post #706

Zuckerberg either doesn't have the resolve for changing the business, or just keeps picking the wrong directions (depending on your biases). First Facebook tried to pivot into mobile, pushed really hard for a short time and then flopped. Then Facebook tried really hard to make the Metaverse a thing, and for a while, but eventually Meta stopped finding it interesting and significantly reduced investment. Then AI was t…

Cory Doctorow has a compelling theory that the megatech companies have to appear to be startups, or else their share price reverts to normal multiples. Hence the continuous string of increasingly over-hyped "game-changing technologies" they all (not just Meta) keep rolling out. VR, blockchain and LLMs have their value, but it's a tiny fraction of the insane amounts of money being pumped into these bubbles. There will…

> Cory Doctorow has a compelling theory that the megatech companies have to appear to be startups, or else their share price reverts to normal multiples.

Meta's P/E is about the same as S&P 500.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#828

Post by thfuran »

turzmo wrote: post #825
awalsh128 wrote: post #503

Earlier quoted context omitted.

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.

CEO's were never credible to begin with, but what about Nobel laureate in Physics, Geoffrey Hinton, telling us to stop training radiologists? Nothing makes sense anymore.

Well, clearly he should stick to physics. Even if it's likely that AI would replace them soon, a lot of people would likely die unnecessarily if we ran overly low on radiologists by ending the pipeline too soon. They're already overworked and that can only go so far. It's not a bet we should make.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#829

Post by 4ggr0 »

Imustaskforhelp wrote: post #786
tracker1 wrote: post #698

Earlier quoted context omitted.

Monthly active users: From DemandSage: Facebook - 12 billion!? TikTok - 1.59 billion X - 611 million Bsky - 38 million That's according to DemandSage ... I'm not sure I can trust the numbers, FB jumped up from around 3b last year, which again I don't trust. 12b is more than the global population, so it's got to be all bots. And even the 3b number is hard to believe (at close to half the global population), no idea ho…

pardon me but I am just a little surprised as to how telegram came in the last paragraph? we were talking about social medias and telegram is a messaging app...

Telegram Groups sometimes blur the line between message-only interactions and social media dynamics, depending on how many bots and features they got running.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#830

Post by HarHarVeryFunny »

fluoridation wrote: post #791
HarHarVeryFunny wrote: post #610

Earlier quoted context omitted.

Actually that's not true. Our neocortex - the "crumpled up" outer layer of our brain, which is basically responsible for cognition/intelligence, has a highly regular architecture. If you uncrumpled it, it'd be a thin sheet of neurons about the size of a teatowel, consisting of 6 layers of different types of neurons with a specific inter-layer and intra-layer pattern of connections. It's not a general graph at all, bu…

None of what you've said contradicts it's a general graph instead of, say, a DAG. It doesn't rule out cyles either within a single layer or across multiple layers. And even if it did, the brain is not just the neocortex, and the neocortex isn't isolated from the rest of the topology.

It's a specific architecture. Of course there are (massive amounts) of feedback paths, since that's how we learn - top-down prediction and bottom-up sensory input. There is of course looping too - e.g. thalamo-cortical loop - we are not just as pass-thru reactionary LLM!

Yes, there is a lot more structure to the brain than just the neocortex - there are all the other major components (thalamus, hippocampus, etc) each with their own internal arhitecture, and then specific patterns of interconnect between them...

This all reinforces what I am saying - the brain is not just some random graph - it is a highly specific architecture.

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