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Not until we've seen a plethora of AI startups go public with no revenue.
I'm not sure that is realistic anymore. The run of free money is over and I expected that markets are going to be very picky compared to a few years ago
To be honest, I was surprised by ChatGPT. I didn’t think we were close. We are running out of textual data now to train on… so now they have switched to VIDEO. Geez now they can train on all the VIDEOS on the internet. And when they finally get bots working, they will have limitless streams of TACTILE data… Writing it off as the next fad seems fun. But to be honest, I was shocked by what openai did the first time. So…
You probably shouldn't advertise that.
This supposed “cycle” has been crazy it’s been about 1.5 years since gpt4 came out, which is really the first generally capable model. I think a lot of this “cycle” is media’s wishful thinking. Humans, especially humans in large bureaucracies, just don't move this quickly. Enterprises have barely had time to dip their toes in. For what it’s worth hype doesn’t mean sustainability anyway. If all the jokers go onto a ne…
Large and small, entire development teams are completely unaware of the basics of “prompt engineering” for coding, and corporate has an entirely regressive anti-AI policy that doesnt factor in the existence of locally run language models, and just assumes ChatGPT and cloud based ones digesting trade secrets. People arent interested in seeing what the hype is about, and are disincentived from bothering on a work computer. I’m on one team where the Engineering Manager is advocating for Microsoft CoPilot licenses, as in, its a concept that hasnt happened and needs buy in to even start considering.
I would say most people really haven't looked into it. Work is work, the sprint is the sprint, on to the next part of the product, rinse repeat. Time flies for those people, its probably most of the people here.
To be honest, I was surprised by ChatGPT. I didn’t think we were close. We are running out of textual data now to train on… so now they have switched to VIDEO. Geez now they can train on all the VIDEOS on the internet. And when they finally get bots working, they will have limitless streams of TACTILE data… Writing it off as the next fad seems fun. But to be honest, I was shocked by what openai did the first time. So…
To be honest, I was surprised by ChatGPT. I didn’t think we were close. We are running out of textual data now to train on… so now they have switched to VIDEO. Geez now they can train on all the VIDEOS on the internet. And when they finally get bots working, they will have limitless streams of TACTILE data… Writing it off as the next fad seems fun. But to be honest, I was shocked by what openai did the first time. So…
Isn't the energy consumption of this technology pretty catastrophic? Do you consider the issue of energy consumption so abstracted you don't worry about it? Do you do anything to offset your increased carbon emissions?
This supposed “cycle” has been crazy it’s been about 1.5 years since gpt4 came out, which is really the first generally capable model. I think a lot of this “cycle” is media’s wishful thinking. Humans, especially humans in large bureaucracies, just don't move this quickly. Enterprises have barely had time to dip their toes in. For what it’s worth hype doesn’t mean sustainability anyway. If all the jokers go onto a ne…
I’ve had a lot of corporate clients this year Large and small, entire development teams are completely unaware of the basics of “prompt engineering” for coding, and corporate has an entirely regressive anti-AI policy that doesnt factor in the existence of locally run language models, and just assumes ChatGPT and cloud based ones digesting trade secrets. People arent interested in seeing what the hype is about, and ar…
Obviously there are some savy users across all age groups and occupations. But from what Ive see its just not part of most people’s workflow.
NVDA's high closes were $135.58 June 18, down to $134.91 July 10th and $130 close today. It's highest sale is $140.76. So it's close today is 8% off its highest sale ever, and 4% off its highest close ever, not a big thing for a volatile stock. It's earnings are next week and we'll see how it does.
Nvidia and SMCI are the ones who have been earning money selling equipment for "AI". For Microsoft, Google, Facebook, Amazon, OpenAI etc., it is all big initial capital expenditure which they (and the scolding investment bank analysts) hope to regain in the future.
Meanwhile we’re seeing the first of the new generation of on-device inference chips being shipped as commodity edge compute.
When the devices you use every day — cars, doorbells, TV remotes, points-of-sale, roombas — can interpret camera and speech input locally in the time it takes to draw a frame and with low enough power to still give you 10h between charges: then we’ll be due another round of innovation.
The article points to how few parts of the economy are leveraging the text-only API products currently available. That still feels very Web 1.0, for me.