371–380 of 575 posts
Earlier quoted context omitted.
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Various BigCo-s have been reporting good results recently and highlighted significant AI role in that. That may be a BS of course, yet even if it is half-true we're talking about tens/hundreds of billions of revenues. With 10x multiple it supports a trillion like generic valuation of AI in business right now.
One way to make sense of this specific case at least. - He's on track to becoming a top-tier AI researcher. Despite having only one year of a PhD under his belt, he already received two top awards as a first-author at major AI conferences [1]. Typically, it takes many more years of experience to do research that receives this level of recognition. Most PhDs never get there. - Molmo, the slate of open vision-language…
This is IMO a comical, absurd, Beeple NFT type situation, which should point us to roughly where we are in the bubble. But if he's getting real, non-returnable actual money from Meta on the basis of a back of envelope calculation for his own startup, from Meta's need to satiate Mark Zuckerberg's FOMO, then good for him. This bubble cannot burst soon enough, but I hope he gets to keep some of this; he deserves it simp…
I hope for all of our sake's that you're right. I feel confident that you're not :(
This is the result of the winner-take-all (most) economy. If the very best LLM is 1.5x as good as good as the next-best, then pretty much everyone in the world will want to use the best one. That means billions of dollars of profit hang in the balance, so companies want to make sure they get the very best people (even if they have to pay hundreds of millions to get it). It's the same reason that sports stars, musicia…
This is the result of the winner-take-all (most) economy. If the very best LLM is 1.5x as good as good as the next-best, then pretty much everyone in the world will want to use the best one. That means billions of dollars of profit hang in the balance, so companies want to make sure they get the very best people (even if they have to pay hundreds of millions to get it). It's the same reason that sports stars, musicia…
You’re right. It would be unfortunate if something like Grok takes the cake here.
Earlier quoted context omitted.
This is IMO a comical, absurd, Beeple NFT type situation, which should point us to roughly where we are in the bubble. But if he's getting real, non-returnable actual money from Meta on the basis of a back of envelope calculation for his own startup, from Meta's need to satiate Mark Zuckerberg's FOMO, then good for him. This bubble cannot burst soon enough, but I hope he gets to keep some of this; he deserves it simp…
Bubble might not burst, if we can improve productivity in every field even 0.5%, that’s massive.
One way to make sense of this specific case at least. - He's on track to becoming a top-tier AI researcher. Despite having only one year of a PhD under his belt, he already received two top awards as a first-author at major AI conferences [1]. Typically, it takes many more years of experience to do research that receives this level of recognition. Most PhDs never get there. - Molmo, the slate of open vision-language…
I agree on all points. However, if he already had several millions like Mira and Ilya, his choice to work for Zuckerberg would likely be different. Where is the glory in bending the knee to Meta and Zuckerbeg?
One way to make sense of this specific case at least. - He's on track to becoming a top-tier AI researcher. Despite having only one year of a PhD under his belt, he already received two top awards as a first-author at major AI conferences [1]. Typically, it takes many more years of experience to do research that receives this level of recognition. Most PhDs never get there. - Molmo, the slate of open vision-language…
> could be worth... Exactly. What's the likelihood of that?
Zuck's advantage over Sir Isaac (Newton) is that the market for top AI researchers is much more volatile than in South Sea tradeables pre-bubble burst?
Either that or 250M is cheap for cognitive behavior therapy