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AI Mania: From Tulips to Tokens

seanhelvey.com

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Re: AI Mania: From Tulips to Tokens

#21

Post by bezier-curve »

smokel wrote: post #4

This is a pretty confusing article. It seems to string together some loosely related facts to make the current AI boom look bad.

It's basically talking about the impact on the environment and which class of society will end up benefiting from AI. I thought the article was pretty clear, and a message we as a society should be discussing more, especially with the current state of things.

With that said, the article reads like it's been through an AI pass, and not as concise and direct as it could be.

Re: AI Mania: From Tulips to Tokens

#22

Post by andy99 »

jayd16 wrote: post #15
blfr wrote: post #8

We created the content their systems are built on, yet they won’t even share how much energy each query uses, how much water goes to cooling "You read my blog so now show me your utility bill" is... an interesting argument.

Take advantage of open information, provide little yourself. Seems like a consistent enough line of questioning.

The OPs framing is better. Where does anyone say there’s a requirement to share data as demanded because you used a publicly available resource. These companies have created something world changing that everyone uses now, that you can get for free or for a very small amount of money. They certainly don’t need to indulge anyone’s nosing or whatever this is, the argument is ridiculous.

Re: AI Mania: From Tulips to Tokens

#23

Post by c-fe »

simonjgreen wrote: post #6
smokel wrote: post #4

This is a pretty confusing article. It seems to string together some loosely related facts to make the current AI boom look bad.

It is confusing. But I enjoyed the read, it’s refreshing to read a string of rants from a human rather than something perfectly polished by Opus.

I also enjoyed it. Something about the writing really made me enjoy it, it was so different from the llm text i read all day long

Re: AI Mania: From Tulips to Tokens

#24

Post by GolfPopper »

jiggawatts wrote: post #3
nekusar wrote: post #2

Or the 1990s Beanie Babies. Or hell, 2 years ago with "those fucking apes", aka NFTs. Or, the Meta-Verse. Yeah, that really took.... Off.

Tulips, NFTs, and the Metaverse all revolved around exclusivity and collectibles. Art with no real utilitarian value. I pay OpenAI $100/mo, twice what I pay for my mobile phone service. It’s a useful service that I use every day. I have never even heard of anyone in my social circle expressing even a mild interest in tulips, NFTs, or the metaverse. This bubble has much more in common with the rail road boom and the 2…

You start with "real utilitarian value" and your example is... how much you pay for it. That sounds more like a drug habit.

Re: AI Mania: From Tulips to Tokens

#26

Post by decimalenough »

cyfex wrote: post #19

"GPU compute powering crypto for the last decade..." I keep hearing this lately. Also, that GPU compute has been re-purposed from crypto to AI. I had the impression that crypto was powered by ASICs for the last... many years. And that was why GPU mining (let alone CPU mining) was not profitable

Bitcoin mining is powered by ASICs. Random shitcoins are not.

Re: AI Mania: From Tulips to Tokens

#27

Post by jrflowers »

andy99 wrote: post #12
simonjgreen wrote: post #6

Earlier quoted context omitted.

It is confusing. But I enjoyed the read, it’s refreshing to read a string of rants from a human rather than something perfectly polished by Opus.

I didn’t read it, primarily because of the tulip thing in the title which seems anything but a refreshing take.

Nice. What other stuff haven’t you read?

Re: AI Mania: From Tulips to Tokens

#28

Post by chung8123 »

GolfPopper wrote: post #24
jiggawatts wrote: post #3

Earlier quoted context omitted.

Tulips, NFTs, and the Metaverse all revolved around exclusivity and collectibles. Art with no real utilitarian value. I pay OpenAI $100/mo, twice what I pay for my mobile phone service. It’s a useful service that I use every day. I have never even heard of anyone in my social circle expressing even a mild interest in tulips, NFTs, or the metaverse. This bubble has much more in common with the rail road boom and the 2…

You start with "real utilitarian value" and your example is... how much you pay for it. That sounds more like a drug habit.

How much you spend on something does have an indication on what the utility is for you. Though people spent on all the other hype things so at the time those things also had some utility for that user.

Re: AI Mania: From Tulips to Tokens

#29

Post by bigstrat2003 »

dools wrote: post #18

I don't understand how you could compare crypto, which has no utility and no fair value, with AI which is used by hundreds of millions of people every day to achieve real outcomes.

Crypto bros claim that crypto is super useful, revolutionary tech too. The proof is in the pudding, and AI has yet to show any real utility.
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