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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

#381

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There are almost no programmers today (you need to do malloc and low level sys calls in C to be considered a programmer).

That's right. We invented programming AI a very long time ago, and called it an "assembler". All you had to do was tell the assembler what kind of program you wanted, and it would do the programming work for you! Then we invented another AI to tell the assembler what kind of program you wanted, and called it a "compiler". All you had to do was tell the compiler what kind of program you wanted it to tell the assembler…

P.S. Visual Basic with its GUI designer was a quite effective way to rapidly build apps of questionable quality but great business value. Somebody should bring that paradigm back.

Re: Emad Mostaque resigned as CEO of Stability AI

#382

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.

Meh. Crypto is still a waste of resources that had no reason to exist. The modern art market hasn't crashed yet either, and homoeopathy is booming, too last I checked. Just because it's stupid and useless doesn't mean you can't sell it. (And if you underestimate the possibility of selling useless things, you end up incorrectly predicting the demise of the market a lot.)

Not wanting to be part of that is just having some morals. Grabbing money where you can isn't a sign of a successful life.

Re: Emad Mostaque resigned as CEO of Stability AI

#383

I think Stability is in an interesting situation. A few suggestions on its direction and current state: 1. Stability AI's loss of talent at the foundational research layer is worrying. They've lost an incredibly expensive moat and there's enough unsolved problems in the foundation layer (faster models, more energy efficient models, etc.) to ensure Stability provides differentiated offerings. Step 1 should be rectifyi…

They tried to ponder to the open source CEO’s but as much as open source is an ideal, it’s a pretty sure way to failure for the most part. The only way open source works is if a rich company open sources parts of their non revenue forming items.

Re: Emad Mostaque resigned as CEO of Stability AI

#384

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”.

It's still a scam even if bitcoin is currently benefiting from the creation of institutional ETFs. FTX was one of the largest financial frauds in history and the founder was disgraced and convicted. There's clearly a large amount of appetite for regulatory action in government right now and afaik the funding in the space has completely dried up. What did we get for all that trouble? A really inefficiet payments system? "Digital Gold"? A fun way to fund terrorists and drug running? Crypto proponents are delusional if they think they can just shake off the reputational damage they brought onto themselves in the past several years.

Re: Emad Mostaque resigned as CEO of Stability AI

#385

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”.

It is a scam. It is a Ponzi scheme (subcategory of scams).

Re: Emad Mostaque resigned as CEO of Stability AI

#386
post #384

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”.

It's still a scam even if bitcoin is currently benefiting from the creation of institutional ETFs. FTX was one of the largest financial frauds in history and the founder was disgraced and convicted. There's clearly a large amount of appetite for regulatory action in government right now and afaik the funding in the space has completely dried up. What did we get for all that trouble? A really inefficiet payments syste…

Funding is through the roof! $300 million seed round valuations are happening again

Re: Emad Mostaque resigned as CEO of Stability AI

#387
post #268

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Emad jumped on the train after the major inventions were invented and PoCs were made. He could not have contributed to them unless he had a time machine. (Yes he contributed to the training costs of SD1.4 but the time point when he made the decision was not early research.)

Sorry I'm not well versed in the story and it's still not clear to me what he did wrong. Where is the controversy here? Is the CEO expected to contribute to research? there seems to be some context I'm missing

You made a point about devs underappreciating the work of other professionals, like CEOs and designers. You made this point in the context of Emad and the success story that is Stable Diffusion. The implication in your point is that Emad surely contributed to the success, even though the CEO is not a developer or researcher. My counter to your point is that Emad wasn't there when the inventions were made. He joined the party after success was already evident. Emad's main contribution to the success of Stable Diffusion is that he funded the training of a large model. That's great, but this thing would've happened with or without him. The inventions were made before he funded the training of SD1.4.

If Emad had been supporting the research team from the beginning, one might argue that he created the conditions for their success, or whatever. But he wasn't there at that time.

None of this is related to whatever Emad is accused of. I'm just making a point about how we attribute contribution for success.

Re: Emad Mostaque resigned as CEO of Stability AI

#388
post #384

Earlier quoted context omitted.

It's still a scam even if bitcoin is currently benefiting from the creation of institutional ETFs. FTX was one of the largest financial frauds in history and the founder was disgraced and convicted. There's clearly a large amount of appetite for regulatory action in government right now and afaik the funding in the space has completely dried up. What did we get for all that trouble? A really inefficiet payments syste…

Funding is through the roof! $300 million seed round valuations are happening again

VCs learning nothing or cynically continuing to try and cash in on this scam isn't exactly an airtight argument, even if my original statement was wrong. FTX also raised a ton of money.

Re: Emad Mostaque resigned as CEO of Stability AI

#389
post #388

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Funding is through the roof! $300 million seed round valuations are happening again

VCs learning nothing or cynically continuing to try and cash in on this scam isn't exactly an airtight argument, even if my original statement was wrong. FTX also raised a ton of money.

It’s just further proof that people commenting on HN confidently about crypto, do not have any idea what is happening in crypto. This website is not plugged in and you won’t pick up any information about it here.

Re: Emad Mostaque resigned as CEO of Stability AI

#390
post #388

Earlier quoted context omitted.

VCs learning nothing or cynically continuing to try and cash in on this scam isn't exactly an airtight argument, even if my original statement was wrong. FTX also raised a ton of money.

It’s just further proof that people commenting on HN confidently about crypto, do not have any idea what is happening in crypto. This website is not plugged in and you won’t pick up any information about it here.

Most of us just don't see the point of following an industry that is predominantly fraud.
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