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The Wait Equation and AI Investment

javednissar.ca

11–20 of 37 posts

Re: The Wait Equation and AI Investment

#11
post #2

Reminds me of the classic paper "The Effects of Moore's Law and Slacking on Large Computations": https://arxiv.org/abs/astro-ph/9912202

That one was so great, passed around in a number of circles by the credulous. It was a magical time!

Also makes you think.

Re: The Wait Equation and AI Investment

#12

Earlier quoted context omitted.

I’m sorry … but what?! As someone who worked on early LLM tech at Google hundreds of millions were poured into it. Do you think that paper just spontaneously came from pure theory?

Most of the core idea of transformers was invented in the early 1990s, including what at the time were termed Fast Weight Programmers and are formally equivalent to linearised self-attention: https://people.idsia.ch/~juergen/fast-weight-programmer-1991... . Google just had the hardware to actually run and experiment with large transformers.

Jesus, the arrogance here. Are HNers this ridiculously out of Touch.

That is the investment and it was no small price. JUST is carrying a ton of weight here.

Re: The Wait Equation and AI Investment

#13
post #8

This completely misses the concept that the technology doesn’t just create itself without investment. SOMEONE has to invest for that progress to be made. It’s why I always hated the application of this to tech.

> SOMEONE has to invest for that progress to be made. History often has cases where the surrounding context/infrastructure/market/culture just wasn't suitable for an invention to take off--so it fails--and then somebody 5-100 years later tries something almost the same thing and it becomes a wild success and they get all the credit for it. For example, look at the AT&T Picturephone from ~1964. [0] Even if someone fro…

But we did people continuously invested through the 80s then 90s then Cisco then Google and now zoom. Do you and the writer not know that video calling was a consistent investment for over 40+ years?!

Re: The Wait Equation and AI Investment

#14
The wait equation is totally irrelevant here. Where the wait equation has relevance is the fact that a generation ship, once launched, is likely unable to reconfigure itself to take advantage of new technologies invented while it is underway. This is key to why there is an incentive to wait, and there is no parallel in the idea of investing in AI. Someone who chooses to invest in AI does get access to tech that develops in the mean time. Indeed it is that investment which generates the the technology.

Re: The Wait Equation and AI Investment

#15

This completely misses the concept that the technology doesn’t just create itself without investment. SOMEONE has to invest for that progress to be made. It’s why I always hated the application of this to tech.

Yeah information is different since once you find something out its often trivial to replicate and deploy it. The cost is coming up with the knowledge in the first place.

Re: The Wait Equation and AI Investment

#16
I sometimes think of a bigger version of this question. Would it be better if rennaisance and scientific revolution had come way later than it did. Maybe humans would have been more evolved and ready for the changes and can make better decisions. Progress is inevitable, but the rapidity of change might be our downfall.

Re: The Wait Equation and AI Investment

#17

The wait equation is totally irrelevant here. Where the wait equation has relevance is the fact that a generation ship, once launched, is likely unable to reconfigure itself to take advantage of new technologies invented while it is underway. This is key to why there is an incentive to wait, and there is no parallel in the idea of investing in AI. Someone who chooses to invest in AI does get access to tech that devel…

Alastair Reynolds covered this theme extensively in Chasm City, including technology advancements being transmitted to generation ships en route from the home system and the consequences of that. Super interesting reading!

Re: The Wait Equation and AI Investment

#20
post #8

Earlier quoted context omitted.

> SOMEONE has to invest for that progress to be made. History often has cases where the surrounding context/infrastructure/market/culture just wasn't suitable for an invention to take off--so it fails--and then somebody 5-100 years later tries something almost the same thing and it becomes a wild success and they get all the credit for it. For example, look at the AT&T Picturephone from ~1964. [0] Even if someone fro…

But we did people continuously invested through the 80s then 90s then Cisco then Google and now zoom. Do you and the writer not know that video calling was a consistent investment for over 40+ years?!

By that logic, somebody was so desperate to get convenient warm food that they decided to "invest" for decades in side-projects like airplanes and bombs just to finally get a microwave-oven, obviously true purpose of everything that came before.

Just because something else in civilization might somehow help someday isn't enough to make it part of "the investment" which a company or individual is deciding whether to make or abandon for a different goal they are focused on.

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