Engineers were modeled after him?
Jeff Bezos creates A.I. startup where he will be co-chief executive
141–150 of 153 posts
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#142Earlier quoted context omitted.
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
The circular deals going on are documented. There is no point in discussing if this happens or not. The numbers just cannot be added up.
Now if things will fail, how and when is a different discussion.
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#143Wouldn'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 it is
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#144Earlier 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.
Erratum: I meant to say that REI is an initialism but not an acronym
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#145Earlier quoted context omitted.
> that's common knowledge by this point. No it's not. Go short the AI companies though if that's what you think
The circular deals going on are documented. There is no point in discussing if this happens or not. The numbers just cannot be added up. Now if things will fail, how and when is a different discussion.
Two things can be true
Yes there are circular deals going
Yes there is actual underlying spending from the average consumer and business that makes these valuations largely realistic
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#146Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#147Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#148Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#149I read "co-defendant" for a second there. Oh well.
Re: Jeff Bezos creates A.I. startup where he will be co-chief executive
#150Everything from A to I