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Jeff Bezos creates A.I. startup where he will be co-chief executive

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Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#131
post #129

Earlier quoted context omitted.

I alluded to it in my comment but let me make it even more clear There is significantly less hiring for roles that AI can replace easily compared to roles that it can't replace easily If there was decreased hiring simply because of the economy then why would it only be impacting certain job roles? Hmm... Mystery...

Have you given thought to the fact that there is an overlap between "jobs easily replaced by AI" and "jobs that are easy to consolidate into existing roles", or even "non-essential jobs"?

> jobs that are easy to consolidate into existing roles

I think you are on to something here. AI is what gives people the ability to consolidate many roles into one.

Like in my example, when I fired my front-end developer, I now can easily do that task.

Or, a marketing generalist can now create blog posts using ChatGPT instead of needing to also have a content writer

To your point about "non-essential": "Front-end development" is not necessarily something I would consider non-essential, but maybe "front-end developer" is now. Something to think about

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#132
post #129

Earlier quoted context omitted.

Have you given thought to the fact that there is an overlap between "jobs easily replaced by AI" and "jobs that are easy to consolidate into existing roles", or even "non-essential jobs"?

> jobs that are easy to consolidate into existing roles I think you are on to something here. AI is what gives people the ability to consolidate many roles into one. Like in my example, when I fired my front-end developer, I now can easily do that task. Or, a marketing generalist can now create blog posts using ChatGPT instead of needing to also have a content writer To your point about "non-essential": "Front-end de…

If you're vibe coding a front end, you're going to run into issues with technical debt eventually, so that's a very short sighted way to handle things.

Or if you do have the technical skill for front-end work, you could have done it without the AI.

I do doubt this, however, because AI assisted programming does not increase productivity for skilled workers as much according to studies.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#133
post #89

Honestly, why? Why not just focus on Blue Origin? I don't get this new Musk-like tendency to run multiple ventures instead of focusing on one very tough mission.

It’s free money. You spend 3billion and have more billions drop in from investors. You get to create great tech and then make 100s more billions drop from IPO. When the initial investment is a rounding error in your portfolio, it’s a crime to not do this

A lot of people unfortunately believe in the musical chairs theory of markets.

It’s a simple way to sound cynical and savvy. Good thing it’s also extremely incorrect.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#134

Earlier quoted context omitted.

> Is "A.I." NYT house style? Looks rather jarring. I think their style is to use periods for acronyms, which I believe is traditional. A quick scan of their recent headlines turns up "U.S", "A.I.", "A.T.M.", "ICE", "L.P.G.A.", "REI", "U.K." I don't know what the reasoning behind the use of "ICE" and "REI" is, could be a mistake or a judgement that those words are tend to not be understood as acronyms, or something el…

Looks to me like initialisms get periods unless they are acronyms or trademarks. So "ICE" is fine because it is read as "ice" and not I.C.E. (eye-see-ee). REI is not an initialism though, but presumably they have kept it as-is because it's their trademark/"doing business as" style.

That is correct and also how everyone else should be using the English language.

The “REI” initialism, is the official d.b.a. for the Recreational Equipment, Inc. company.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#135
post #132

Earlier quoted context omitted.

> jobs that are easy to consolidate into existing roles I think you are on to something here. AI is what gives people the ability to consolidate many roles into one. Like in my example, when I fired my front-end developer, I now can easily do that task. Or, a marketing generalist can now create blog posts using ChatGPT instead of needing to also have a content writer To your point about "non-essential": "Front-end de…

If you're vibe coding a front end, you're going to run into issues with technical debt eventually, so that's a very short sighted way to handle things. Or if you do have the technical skill for front-end work, you could have done it without the AI. I do doubt this, however, because AI assisted programming does not increase productivity for skilled workers as much according to studies.

I've been programming for well over a decade, but as a founder I wear many different hats so I had a front end developer to help take some of the load off.

But AI coding got to the point where, for me personally, it took less of my own time and effort to work directly with the AI (Claude Code) to do the front-end tasks required compared to working with the developer, reviewing their code, etc.

I'm not "vibe coding" or adding technical debt.

> you could have done it without the AI.

Technically anyone could do anything, but there are finite things in this world like the number of hours in a day lol

> according to studies.

Great, I don't care about the "studies". I'm talking about how things work for me personally in the real world and giving a concrete example of how AI spend has replaced an employee but you are welcome to ignore that

Also, it should be noted that in studies, the conclusions are typically based on an average or median, so some people will see a benefit, and some people won't... and that will be based on a number of factors

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#136

Earlier quoted context omitted.

More circular financing to keep the AI house of cards from falling?

Yeah since there isn't any actual real spend going into AI...

There is money going in, but not as much as what these valuations and investments imply. The numbers are inflated and that's common knowledge by this point.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#137

Wouldn't be surprised if the funding is based on a circular investment of some AI chipset vendor to consume the compute power of the chipsets AWS is buying. "We buy this amount of chips at price xx, you guarantee us utilization in part by investing in an AI company we will create"

Why does it feel like the entire US economy at the moment is supported by 5-6 companies constantly moving around a couple of trillion dollars?

Because we’re in a bubble.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#138

Earlier quoted context omitted.

Yeah since there isn't any actual real spend going into AI...

There is money going in, but not as much as what these valuations and investments imply. The numbers are inflated and that's common knowledge by this point.

> that's common knowledge by this point.

No it's not. Go short the AI companies though if that's what you think

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#139
post #92

Earlier quoted context omitted.

A company can be a sole proprietership or partnership without registering with anyone, but in this case in most states they must either conduct business in the owners/partners names or register a DBA with the state(s) they are doing business in. (the rules are state specific, and I think there are some states that don't do kr require DBA registration). In most cases, a company with billions invested in it will be for…

Interesting. If one were to legally change their name to their desired DBA name, I wonder how that would go over.

Legal name changes are handled in state courts, so there may be different rules depending on your state, but generally I think you could get away with it if you really wanted to... but doing business as a sole proprietor means you are personally liable for everything the business does. Way simpler and better to just form an LLC in most cases.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#140
post #2

> The new company has until now kept a low profile, and when it was started is not even clear. Any more details? Where is it located? Who is working there, For $6.2 billion raised I’m surprised their aren’t more details

based on linkedin it looks like they took a failed company thats existed for a year "General agents" which had what just looked like a single browser agent and now have rebranded that.
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