When money is abundant, knowledge is the real wealth (2020)
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Re: When money is abundant, knowledge is the real wealth (2020)
#2People who write these sort of articles need to step away from the computer and go talk to someone. Who is this written for? Jeff Bezos? Because it’s not written for the $100k crowd. It has no real driving thesis and it’s using 8th grade debate class rhetoric.
Re: When money is abundant, knowledge is the real wealth (2020)
#3Information has never been cheaper to reach.
And information deluge has never been so expensive to circunvent.
Re: When money is abundant, knowledge is the real wealth (2020)
#4When knowledge is abundant, wisdom is the real understanding.
Re: When money is abundant, knowledge is the real wealth (2020)
#5Information has never been cheaper to reach. And information deluge has never been so expensive to circunvent.
Information requires attention. A glut of information creates a paucity of attention.
Re: When money is abundant, knowledge is the real wealth (2020)
#6The major LLMs can pass the US medical licensing exam, and the Bar exam, and probably any other exam you throw at them. Lawsuits have revealed that they are trained on every book the companies could get their hands on, not just web pages.
So knowledge per se is worth about $20 a month now.
Hasn't that always been the case here on YC though? Ideas are a dime a dozen so the real value is in execution.
Re: When money is abundant, knowledge is the real wealth (2020)
#7The major LLMs can pass the US medical licensing exam, and the Bar exam, and probably any other exam you throw at them. Lawsuits have revealed that they are trained on every book the companies could get their hands on, not just web pages. So knowledge per se is worth about $20 a month now. Hasn't that always been the case here on YC though? Ideas are a dime a dozen so the real value is in execution.
Wisdom and experience then? Not sure if what I focus when looking for a doctor or a lawyer is passing a prerequisite exam for doing their jobs.
Re: When money is abundant, knowledge is the real wealth (2020)
#8Information has never been cheaper to reach. And information deluge has never been so expensive to circunvent.
Information requires attention. A glut of information creates a paucity of attention.
Information also requires curation.
And taking the power back, on that part of the process, is absolutely crucial.
[we must own the algorithms, not the other way round]
Re: When money is abundant, knowledge is the real wealth (2020)
#9The major LLMs can pass the US medical licensing exam, and the Bar exam, and probably any other exam you throw at them. Lawsuits have revealed that they are trained on every book the companies could get their hands on, not just web pages. So knowledge per se is worth about $20 a month now. Hasn't that always been the case here on YC though? Ideas are a dime a dozen so the real value is in execution.
Well the thing with LLMs is that you have to steer them. Try vibe coding without any input for a hackathon.