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Meta is axing 600 roles across its AI division

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Re: Meta is axing 600 roles across its AI division

#191

Earlier quoted context omitted.

To be even more specific, the company making money is merely a proxy for the actual goal: increased valuation for stockowners. Subtle but very significant difference

Because a CEO with happy shareholders has more power. The shareholder value thing is a sop, and sometimes a dangerous one. We keep trying to progressively tax money in the US to reduce the social imbalance. We can’t figure out how to tax power and the people with power like it that way. If you have power you can get money. But it’s also relatively straightforward to arrange to keep the money that you have. But they d…

I mean...what you say is not, in the face of it, false; however...

For the past few decades, the ways and the degree to which we have been genuinely trying (at the government level) to "progressively tax money" in the US have been failing and falling, respectively.

If we were genuinely serious about the kind of progressive taxation you're talking about, capital gains taxes (and other kinds of taxes on non-labor income) would be much, much higher than standard income tax. As it stands, the reverse is true.

Re: Meta is axing 600 roles across its AI division

#194

From a quick online search: - OpenAI's mission is to build safe AI, and ensure AI's benefits are as widely and evenly distributed as possible. - Google's mission is to organise the world's information and make it universally accessible and useful. - Meta's mission is to build the future of human connection and the technology that makes it possible. Lets just take these three companies, and their self-defined mission…

Meta's mission is to build the future of human connection -- this totally makes sense if you assume they believe that the future of human connection is with an AI friend.

That https://character.ai is so enormously popular with people who are under the age of 25 suggests that this is the future. And Meta is certainly looking at https://character.ai with great interest, but also with concern. https://character.ai represents a threat to Meta.

Years ago, when Meta felt that Instagram was a threat, they bought Instagram.

If they don't think they can buy https://character.ai then they need to develop their own version of it.

Re: Meta is axing 600 roles across its AI division

#195

From a quick online search: - OpenAI's mission is to build safe AI, and ensure AI's benefits are as widely and evenly distributed as possible. - Google's mission is to organise the world's information and make it universally accessible and useful. - Meta's mission is to build the future of human connection and the technology that makes it possible. Lets just take these three companies, and their self-defined mission…

You are looking at it wrong. Meta is a business. You know what they sell? Ads.

In fact, they are the #1 or #2 place in the world to sell an ad depending on who you ask. If the future turns out to be LLM-driven, all that ad-money is going to go to OpenAI or worse to Google; leaving Zuck with no revenue.

So why are they after AI? Because they are in the business of selling eyeballs placement and LLM becoming the defacto platform would eat into their margins.

Re: Meta is axing 600 roles across its AI division

#196
post #39

Earlier quoted context omitted.

Perhaps I'm being uncharitable but this line "each person will be more load-bearing" reads to me as "each person will be expected to do more work for the same pay".

We’re not talking about an overworked nurse. Same Facebook-AI-researcher-pay is likely an eye watering amount of money

> We’re not talking about an overworked nurse.

We're talking about overworked AI engineers and researchers who've been berated for management failures and told they need to do 5x more (before today). The money isn't just handed out for slacking, it's in exchange for an eye-watering amount of work, and now more is expected of them.

Re: Meta is axing 600 roles across its AI division

#197

From a quick online search: - OpenAI's mission is to build safe AI, and ensure AI's benefits are as widely and evenly distributed as possible. - Google's mission is to organise the world's information and make it universally accessible and useful. - Meta's mission is to build the future of human connection and the technology that makes it possible. Lets just take these three companies, and their self-defined mission…

It is all lies.

Their mission is to make money. For the principals

Re: Meta is axing 600 roles across its AI division

#198

From a quick online search: - OpenAI's mission is to build safe AI, and ensure AI's benefits are as widely and evenly distributed as possible. - Google's mission is to organise the world's information and make it universally accessible and useful. - Meta's mission is to build the future of human connection and the technology that makes it possible. Lets just take these three companies, and their self-defined mission…

These "missions" cannot coexist with the single mission of every publicly traded company, which is to maximize shareholder value.

It is really depressing how corporations don't look like they are run by humans.

Re: Meta is axing 600 roles across its AI division

#199
post #101
post #16

Earlier quoted context omitted.

Integrating LLMs with the actual business is not a fun time. There are many cases where it simply doesn't make sense. It's hard to blame the average developer for not enduring the hard things when nobody involved seems truly concerned with the value proposition of any of this. This issue can be extended to many areas in technology. There is a shocking lack of effective leadership when it comes to application of techn…

> Integrating LLMs with the actual business is not a fun time. There are many cases where it simply doesn't make sense. “You’ve got to start with the customer experience and work backwards to the technology. You can’t start with the technology and try to figure out where you’re going to try and sell it.” — Steve Jobs

This is true, but sadly the customer isn’t always the user and thus nonsensical products (now powered by AI!) continue to sell instead of being displaced quickly by something better.

Re: Meta is axing 600 roles across its AI division

#200

From a quick online search: - OpenAI's mission is to build safe AI, and ensure AI's benefits are as widely and evenly distributed as possible. - Google's mission is to organise the world's information and make it universally accessible and useful. - Meta's mission is to build the future of human connection and the technology that makes it possible. Lets just take these three companies, and their self-defined mission…

Why are you asking questions about their PR department coordinated "Company missions"? Let me summarise their real missions: 1. Power and money 2. Power and money 3. Power and money How does AI help them make money and gain more power? I can give you a few ways...

If they go after AI, they’ll for sure need power
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