What kind of stock should I buy to profit from LeCun's startup?
Are you an accredited investor? If not, you're probably SOL. Opportunities like this are only for the elites and oligarchs.
Yann LeCun to depart Meta and launch AI startup focused on 'world models'
441–450 of 680 posts
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#442Earlier quoted context omitted.
Pretty funny post. He won't be held responsible for any failures. Worst case scenario for this guy is he hires a bunch of people, the company folds some time later, his employees take the responsibility by getting fired, and he sails into the sunset on several yachts.
He is 65, and certainly rich enough to retire many times over. He's not doing this to scam money out of VCs. He wants to prove his ideas work.
So he's not using his own money, and he has enough personal wealth that there is no impact to him if the company fails. It's just another rich guy enjoying his toys. Good on him, I hope he has fun, but the responsibility for failure will be held by his employees, not him.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#443Earlier quoted context omitted.
>the huge impact they're already having In the software development world yes, outside of that, virtually none. Yes, you can transcribe a video call in Office, yes, but that's not ground breaking. I dare you to list 10 impacts on different fields, excluding tech and including at least half blue collar fields and at least half white collar fields , at different levels from the lowest to the highest in the company hier…
Personally, I find myself using LLMs more than Google now, even for non-development tasks. I think this shift is going to become the new normal (if it isn't already).
And what's the end result? All one can see is just bigger representation of those who confidently subscribe to false information and become arrogant when their validity is questioned, as the LLM writing style has convinced them it's some sort of authority. Even people on this website are so misinformed to believe that ChatGPT has developed its own reasoning, despite it being at the core an advanced learning algorithm trained on a enormous amount of human generated data.
And let's not speak about those so deep into sloth that put it into use to deteriorate, and not augment as they claim to do, humane creative recreational activities.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#444The current VC climate is interesting. It's virtually impossible to raise a new fund because DPI has been 0% for over a decade and four-digit IRR is cool, but illiquid.
So they're piling gobs of capital into an "AI" company with four customers with the hope that it is the one that becomes the home run (they know it won't, but LPs give you money to deploy it!)
It also means that companies like Yann's potential new one have the best chance in history of being funded, and that's a great thing.
P.S. all VCs outside the top-10 lose against the S&P. While I love that dumb capital is being injected into big, risky bets, surely the other shoe will drop at some point. Or is this just wealth redistribution with extra steps?
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#445Most of the folks on this topic are focused on Meta and Yann’s departure. But, I’m seeing something different. This is the weirdest technology market that I’ve seen. Researchers are getting rewarded with VC money to try what remains a science experiment. That used to be a bad word and now that gets rewarded with billions of dollars in valuation.
Its not really an outlier
If you think about Theranos, Magic leap, openai, anthropic they are all the same, one idea thats kinda plausible (well if you don't look too closely), have a slick demo, and well connected founders.
Much as a lot of people dislike LeCun (just look at the blind posts about him) he did run and setup a very successful team inside meta, well nominally at least.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#446Earlier quoted context omitted.
That's been true for the last year or two, but it feels like we're at an inflection point. All of the announcements from OpenAI for the last couple of months have been product focused - Instant Checkout, AgentKit, etc. Anthropic seems 100% focused on Claude Code. We're not hearing as much about AGI/Superintelligence (thank goodness) as we were earlier this year, in fact the big labs aren't even talking much about the…
If Claude Code is Anthropic’s main focus why are they not responding to some of the most commented issues on their GitHub? https://github.com/anthropics/claude-code/issues/3648 has people begging for feedback and saying they’re moving to OpenAI, has been open since July and there are similar issues with 100+ comments.
Hey, Boris from the Claude Code team here. We try hard to read through every issue, and respond to as many issues as possible. The challenge is we have hundreds of new issues each day, and even after Claude dedupes and triages them, practically we can’t get to all of them immediately.
The specific issue you linked is related to the way Ink works, and the way terminals use ANSI escape codes to control rendering. When building a terminal app there is a tradeoff between (1) visual consistency between what is rendered in the viewport and scrollback, and (2) scrolling and flickering which are sometimes negligible and sometimes a really bad experience. We are actively working on rewriting our rendering code to pick a better point along this tradeoff curve, which will mean better rendering soon. In the meantime, a simple workaround that tends to help is to make the terminal taller.
Please keep the feedback coming!
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#447Earlier quoted context omitted.
If a "science experiment" has the chance to displace most labor then whoever's successful at the experiment wins the economy, period. There's nothing weird or surprising about the logic of them obsessively chasing it. They all have to, it's a prisoner's dilemma.
Fusion power has the chance to displace most power generation, and whoever is successful at the experiment wins the energy economy, period. However given the long timelines, high cost of research, and the unanswered technical questions around materials that can withstand neutron flux, the total 2024 investment into fusion is only around $10B, versus AI's 250+B. Why are these so different?
Energy is only ~10% of world GDP whereas AGI might be 25-75% and if paired with advanced robotics would be closer to 100%.
Capital always chases the highest rate of return as well, and margins on energy production are tight. Margins on performing labor are huge.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#448I am surprised he lasted this long.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#449Most of the folks on this topic are focused on Meta and Yann’s departure. But, I’m seeing something different. This is the weirdest technology market that I’ve seen. Researchers are getting rewarded with VC money to try what remains a science experiment. That used to be a bad word and now that gets rewarded with billions of dollars in valuation.
> Researchers are getting rewarded with VC money to try what remains a science experiment. That used to be a bad word I’ve worked for multiple startups and I’ve watched startup job boards most of my career. A lot of VC backed startups have a founder with a research background and are focused on providing out some hypothesis. I don’t see anything uncommon about this arrangement. If you live near a University that does…
I agree there is nothing uncommon about that type of arrangement, but the amount of money involved is unprecedented.
Re: Yann LeCun to depart Meta and launch AI startup focused on 'world models'
#450If by “world models” they mean more contemporary versions of the systems thinking driven software that begat “Limits To Growth” and most of Donella Meadows’ career you can sign me right the fuck up today.