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Emad Mostaque resigned as CEO of Stability AI

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Re: Emad Mostaque resigned as CEO of Stability AI

#361

Post by samatman »

stale2002 wrote: post #159
rmbyrro wrote: post #147

Earlier quoted context omitted.

Are you aware of smth called criminal code? This is one of the worst advices I've ever seen. Tricking people to obtain money? How's this not fraud?

> This is one of the worst advices I've ever seen. Really? Because stability AI caused a very large amount of good in the world. It arguably kicked off the entire AI startup industry. > Tricking people to obtain money? How's this not fraud? Its not fraud because you don't have to lie to anyone. You can tell VCs exactly what you plan on doing. Which is to open source all of your code... and... uhhh... yeah that will t…

The crux is that I doubt they intended this.

A company that sets out to obtain VC money and blow it all on open source software without turning a profit, is going to leave behind smoking guns. Those will turn up in discovery and make one's life rather difficult.

Re: Emad Mostaque resigned as CEO of Stability AI

#362

Post by alephnerd »

monero-xmr wrote: post #351
alephnerd wrote: post #339

Earlier quoted context omitted.

> flood of money going into building new models In my experience, there really hasn't been that significant of a flood of money in this space for several years now, or at least not to the level I've seen based on discussion here on HN. I think HN tends to skew towards conversations around models for some reason, but almost all my peers are either funding or working on either tooling or ML driven applications since 20…

I’ve been in crypto since 2010 and HN hasn’t predicted anything. At least with AI the congnoscenti here is on board. With crypto / blockchain the current plan is to pretend it doesn’t exist and never speak of it, as the industry never imploded as was long predicted.

Crypto is a mixed bag.

Deep down I fundamentally believe it's a solution searching for a problem. That said, if people want to put money into it, who am I to judge.

That said, IMO crypto as a growth story is largely done. Now that Coinbase has IPOed and the industry consolidated or wiped out (eg. Kraken, FTX, OpenSea), it's not as attractive an industry anymore unless some actual fundamental problems are found that can't be remediated by existing financial infrastructure (legal and illegal).

Re: Emad Mostaque resigned as CEO of Stability AI

#363

Post by alephnerd »

pama wrote: post #353
alephnerd wrote: post #339

Earlier quoted context omitted.

> flood of money going into building new models In my experience, there really hasn't been that significant of a flood of money in this space for several years now, or at least not to the level I've seen based on discussion here on HN. I think HN tends to skew towards conversations around models for some reason, but almost all my peers are either funding or working on either tooling or ML driven applications since 20…

I agree that the quality of the posts has decayed dramatically since the start of the COVID pandemic and lots of the Reddit type memes and upvotes have added horrible levels of noise. I can still find gems in it and it’s still miles ahead of Twitter, but I do question my time using it passively and would much rather have a smaller and more focused community again.

> I do question my time using it passively and would much rather have a smaller and more focused community again.

Story of my life.

I have a severe HN addiction that I haven't been able to shake off.

Re: Emad Mostaque resigned as CEO of Stability AI

#364

Post by Hendrikto »

oldgradstudent wrote: post #293
Hendrikto wrote: post #272

Earlier quoted context omitted.

> Not only Adobe perhaps knows better than anyone else what is need and workflow of a moviemaker I only ever heard creatives complain about Adobe and their UI/UX and how they don’t understand their customers. Never really used any of their products myself though. Maybe they still are best-in-class. I can’t tell.

> I only ever heard creatives complain about Adobe and their UI/UX and how they don’t understand their customers. There are tools no one uses, and there are tools people constantly complain about.

Figma is an example of a widely used tool most users seem to like and praise.

Re: Emad Mostaque resigned as CEO of Stability AI

#365

Post by monero-xmr »

alephnerd wrote: post #362
monero-xmr wrote: post #351

Earlier quoted context omitted.

I’ve been in crypto since 2010 and HN hasn’t predicted anything. At least with AI the congnoscenti here is on board. With crypto / blockchain the current plan is to pretend it doesn’t exist and never speak of it, as the industry never imploded as was long predicted.

Crypto is a mixed bag. Deep down I fundamentally believe it's a solution searching for a problem. That said, if people want to put money into it, who am I to judge. That said, IMO crypto as a growth story is largely done. Now that Coinbase has IPOed and the industry consolidated or wiped out (eg. Kraken, FTX, OpenSea), it's not as attractive an industry anymore unless some actual fundamental problems are found that c…

Hard disagree but even if all of the growth is done, you never would have captured a penny of it reading HN. It went from “scam” to “ponzi” to “government will surely ban it” to “ok it’s over no need to look at or speak of it”.

Re: Emad Mostaque resigned as CEO of Stability AI

#366

Post by alephnerd »

monero-xmr wrote: post #365
alephnerd wrote: post #362

Earlier quoted context omitted.

Crypto is a mixed bag. Deep down I fundamentally believe it's a solution searching for a problem. That said, if people want to put money into it, who am I to judge. That said, IMO crypto as a growth story is largely done. Now that Coinbase has IPOed and the industry consolidated or wiped out (eg. Kraken, FTX, OpenSea), it's not as attractive an industry anymore unless some actual fundamental problems are found that c…

Hard disagree but even if all of the growth is done, you never would have captured a penny of it reading HN. It went from “scam” to “ponzi” to “government will surely ban it” to “ok it’s over no need to look at or speak of it”.

> government will surely ban it

This is plain hystronics, but regulation is absolutely coming and will only help the larger existing players to consolidate.

Coinbase, FTX, etc have all seen the writing on the wall and are working with regulators on this.

The Wild West days are definetly over now.

If I'd invest in the space, I'd probably look at KYC and AML product opportunties such as Chainalysis, but even that space has consolidated

Re: Emad Mostaque resigned as CEO of Stability AI

#367

Post by sevagh »

benreesman wrote: post #167
ImprobableTruth wrote: post #21

Really sad to see. Emad pivoting to posting crypto nonsense on twitter made me think the writing is on the wall for Stability, but I still didn't expect it so soon. I expect they'll pivot to closed models and then fade away.

I mean, is AI a less sketchy space in 2024 than crypto/blockchain in 2024? Two or three years ago sure, I guess, but today? The drama around OpenAI is well documented, there are multiple lawsuits and an SEC investigation at least in embryo, Karpathy bounced and Ilya's harder to spot than Kate Middleton (edit: please see below edit in regards to this tasteless quip). NVIDIA is pushing the Dutch East India Company by s…

CL: Lee Chae-rin (Korean rapper), Craigslist, Chlorine

NMS: Neuroleptic malignant syndrome, No Man's Sky

NBBO: National Best Bid and Offer

SIP: Session Initiation Protocol, Systematic Investment Plan, Security Infrastructure Program

Re: Emad Mostaque resigned as CEO of Stability AI

#368

Post by samatman »

feverzsj wrote: post #170
oyster143 wrote: post #152

Earlier quoted context omitted.

I use chat-gpt almost every day and find it very usefull

And how you gonna verify chat-gpt's result? By googling?

Good question actually.

There are a few options. I work with a REPL, so I usually load the answer from a scratch file and put some representative data into it. When the result is wrong, which often happens, I feed ChatGPT the error, and it corrects the code accordingly. Iterating this results in a working function about 80% of the time. Sometimes it loses the plot and I either give up or start over with more detailed instructions.

You can also ask it to write tests, some of which will pass, some of which will fail. It's pretty easy to eyeball whether or not a test is valid, and they won't always be valid, I just fix those by hand.

Re: Emad Mostaque resigned as CEO of Stability AI

#369

Post by monero-xmr »

alephnerd wrote: post #366
monero-xmr wrote: post #365

Earlier quoted context omitted.

Hard disagree but even if all of the growth is done, you never would have captured a penny of it reading HN. It went from “scam” to “ponzi” to “government will surely ban it” to “ok it’s over no need to look at or speak of it”.

> government will surely ban it This is plain hystronics, but regulation is absolutely coming and will only help the larger existing players to consolidate. Coinbase, FTX, etc have all seen the writing on the wall and are working with regulators on this. The Wild West days are definetly over now. If I'd invest in the space, I'd probably look at KYC and AML product opportunties such as Chainalysis, but even that space…

I’m super deep in the space but there is enormous money to be made everywhere. Or at least everyone I know is searching Zillow…

Re: Emad Mostaque resigned as CEO of Stability AI

#370

Post by samatman »

janalsncm wrote: post #171
renonce wrote: post #155

Earlier quoted context omitted.

Competitors are catching up and one day the chat API providers will race the prices to bottom

That’s not the same thing as chat gpt being vaporware.

Eliminates that possibility in fact. You can't "catch up" to vaporware because there's nothing to catch up to.
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