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The Doom Justifies the Valuation

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Re: The Doom Justifies the Valuation

#2
I came to the same conclusion.

Specifically Anthropic's whole PR has all been about danger, safety, doomerism all to make themselves indirectly more important and central to the debate.

Calling meetings in Washington DC in order to let everyone know they made a cyberweapon is part of those PR moves. Then they seem surprised lawmakers actually called them out and asked to stop serving that model.

I know this is the cynical take but I cannot unsee the elephant in the room: This doomerism allowed Anthropic to be the center of every AI conversation right now. Their market cap and upcoming IPO is indirectly benefiting from this.

I also cannot take that Anthropic while letting everyone know that Doom is coming (or is already here), are also the ones that want to decide who can profit from this Doomerism. This is how every benevolent dictators start.

Re: The Doom Justifies the Valuation

#3
Simple minds want to believe one simple thing and then rationalize everything else to force consistency with that one simple idea.

If you want to believe the simple idea that AI is mostly hype, then you'll get stuck in a multi-year loop talking about stochastic parrots, ridiculous valuations, and doomer scaredycats.

But the real world isn't so simple. Multiple seemingly contradictory things can be true at the same time.

Some AI is useless. Some is incredibly powerful and useful even though it makes mistakes. Some companies are wildly overvalued. Some extremely large and expensive companies will quadruple from here. Some frightening scenarios will look silly in hindsight. Other frightening things will happen that none of the doomers foresee.

It would be great to explore those new ideas and possibilities.

It's so boring rehashing the same old tired and worn out ideas like "they're just hyping the danger to pump their shares up."

Re: The Doom Justifies the Valuation

#4
Even if Dario and Altman originally believed what they were saying, their scaretactics worked wonders for investment. Their companies are now incredibly incentivized to keep the AI Apocalypse narrative going further and further. It is hard to imagine them stopping, as that may lose them investment.

The last 10 years have been a decade of Big Tech Vaporware. NFTs and the Metaverse were assured to be the future. Once this narrative fails too (which I am almost certain is inevitable) I think society's love affair with Technology being the solver-of-all-things will finally fracture.

Re: The Doom Justifies the Valuation

#5

I came to the same conclusion. Specifically Anthropic's whole PR has all been about danger, safety, doomerism all to make themselves indirectly more important and central to the debate. Calling meetings in Washington DC in order to let everyone know they made a cyberweapon is part of those PR moves. Then they seem surprised lawmakers actually called them out and asked to stop serving that model. I know this is the cy…

> This is how every benevolent dictator starts

I don’t think “benevolent” is necessary in that sentence. It’s how many non-benevolent dictatorships started.

Re: The Doom Justifies the Valuation

#6
post #3

Simple minds want to believe one simple thing and then rationalize everything else to force consistency with that one simple idea. If you want to believe the simple idea that AI is mostly hype, then you'll get stuck in a multi-year loop talking about stochastic parrots, ridiculous valuations, and doomer scaredycats. But the real world isn't so simple. Multiple seemingly contradictory things can be true at the same ti…

What you have written does not seem to be in close contact with the OP. He talks positively about the GLM news and whatnot. He is highly skeptical only of the "doom" scenarios, including upending most or a massive amount of jobs, and how that is deployed to keep the investment machine working at such breakneck pace.

Re: The Doom Justifies the Valuation

#8
post #3

Simple minds want to believe one simple thing and then rationalize everything else to force consistency with that one simple idea. If you want to believe the simple idea that AI is mostly hype, then you'll get stuck in a multi-year loop talking about stochastic parrots, ridiculous valuations, and doomer scaredycats. But the real world isn't so simple. Multiple seemingly contradictory things can be true at the same ti…

I love this website because people will write stuff like “I believe the hype because my brain is big, ‘believing the hype’ is actually very complex and cannot be embraced by lesser intellects”

Re: The Doom Justifies the Valuation

#10
post #3

Simple minds want to believe one simple thing and then rationalize everything else to force consistency with that one simple idea. If you want to believe the simple idea that AI is mostly hype, then you'll get stuck in a multi-year loop talking about stochastic parrots, ridiculous valuations, and doomer scaredycats. But the real world isn't so simple. Multiple seemingly contradictory things can be true at the same ti…

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