Earlier quoted context omitted.
Funny you put crypto on the same list with ML. (and I guess you meant Web 3.0, not 2.0)
Nah, web 2.0 was a super hype back in the late 90s early 00s. Everyone was all about advertising their adoption and development of web 2.0. Web 3.0 was never really a thing, beyond some crypto enthusiasts nobody cared. As for crypto, I probably should have said blockchain instead. There was one point recently where everything was block chained.
Even Apple cannot explain why we need AI in our lives
101–110 of 149 posts
Re: Even Apple cannot explain why we need AI in our lives
#102Earlier quoted context omitted.
> It certainly feels like the AI bubble is popping. Objectively, no it doesn't. Even if you think it's a bubble, then the bubble is just growing. There are zero signs of anything popping yet. Company valuations are only increasing. > Nvidia as the most valuable company in the world? It makes sense when you look at the financials. It's like back in 1800's when railroads were the new thing, and imagine there were only…
The locomotive analogy doesn't quite fit. The customers of the locomotive company would buy the locomotives and then use them to profit. Are Nvidia's customers making a profit from the billions they are spending on GPUs? I don't think so, at least not yet.
All that matters is that people think the industry will turn out to be profitable and sustainable overall, once we figure out which products and features work and which don't. There's no reason whatsoever to think AI doesn't fall in that category.
Re: Even Apple cannot explain why we need AI in our lives
#103Earlier quoted context omitted.
> It certainly feels like the AI bubble is popping. Objectively, no it doesn't. Even if you think it's a bubble, then the bubble is just growing. There are zero signs of anything popping yet. Company valuations are only increasing. > Nvidia as the most valuable company in the world? It makes sense when you look at the financials. It's like back in 1800's when railroads were the new thing, and imagine there were only…
I think it's more like the San Francisco gold rush. The gold prospectors didn't make a lot of money. The people who made bank were the ones selling goods and services to the prospectors. Selling the shovels is more profitable, and has the bonus of not being dependent on whether or not your customers actually find gold.
Re: Even Apple cannot explain why we need AI in our lives
#104"AI" (or rather language models) will change the world. But in a very different way. They aren't (and won't become) AGI. They aren't (and won't) replace software engineers (but maybe help them to write better software, or more realistically churn out even more bad software). And they aren't and won't become ultra-wise oracles that can solve any task you throw at them. But they are an interface between the real world…
Re: Even Apple cannot explain why we need AI in our lives
#105Earlier quoted context omitted.
Funny you put crypto on the same list with ML. (and I guess you meant Web 3.0, not 2.0)
Nah, web 2.0 was a super hype back in the late 90s early 00s. Everyone was all about advertising their adoption and development of web 2.0. Web 3.0 was never really a thing, beyond some crypto enthusiasts nobody cared. As for crypto, I probably should have said blockchain instead. There was one point recently where everything was block chained.
- https://en.wikipedia.org/wiki/Web_2.0
I don't think I need to elaborate this quotation?
But if I do, note the domain I'm quoting from and the website in which you are reading this comment from me.
Re: Even Apple cannot explain why we need AI in our lives
#106Re: Even Apple cannot explain why we need AI in our lives
#107It certainly feels like the AI bubble is popping. Code completion is a great use, some writing tools are nice, I love chatGPT for information lookup (while knowing that it hallucinates), ChatGPT/whatever is great for generating icons and some images, and it’s much better at writing in corpo than I am. But…Nvidia as the most valuable company in the world? $1B valuations for freshly minted companies? Radical changes to…
Perhaps improvements might fizzle out, but a lot of smart people seem to think they won't. The AI models we are using today are the worst that models will ever be in the future. We can't base our valuations on our current experiences with AI today. 5 years ago, just getting a computer to form vaguely relevant grammatically correct sentences felt magical.
https://en.wikipedia.org/wiki/ELIZA dates from 1964.
Re: Even Apple cannot explain why we need AI in our lives
#108Earlier quoted context omitted.
The locomotive analogy doesn't quite fit. The customers of the locomotive company would buy the locomotives and then use them to profit. Are Nvidia's customers making a profit from the billions they are spending on GPUs? I don't think so, at least not yet.
> Are Nvidia's customers making a profit from the billions they are spending on GPUs? I don't think so, at least not yet. Yes. NVIDIA's customers are mostly the cloud providers buying tens of thousands of machines each. The latest 8xH100 pods cost almost $400,000 so no one but Facebook and a few other tech giants can afford to buy tons of them without having customers lined up and ready to rent them. If you look at A…
Re: Even Apple cannot explain why we need AI in our lives
#109"AI" (or rather language models) will change the world. But in a very different way. They aren't (and won't become) AGI. They aren't (and won't) replace software engineers (but maybe help them to write better software, or more realistically churn out even more bad software). And they aren't and won't become ultra-wise oracles that can solve any task you throw at them. But they are an interface between the real world…
> 1. online banking
??! You've got a system of unpredictable reliability and you're going to let it handle money?
Online banking has always been extremely conservative, sometimes for good reason.
Re: Even Apple cannot explain why we need AI in our lives
#110Earlier quoted context omitted.
The locomotive analogy doesn't quite fit. The customers of the locomotive company would buy the locomotives and then use them to profit. Are Nvidia's customers making a profit from the billions they are spending on GPUs? I don't think so, at least not yet.
Plenty of railroads went bust -- it was a time of extreme speculation. All that matters is that people think the industry will turn out to be profitable and sustainable overall, once we figure out which products and features work and which don't. There's no reason whatsoever to think AI doesn't fall in that category.