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The rapid rise and slow decline of Sam Altman

garymarcus.substack.com

51–56 of 56 posts

Re: The rapid rise and slow decline of Sam Altman

#51

Why. Do. We. Keep. Posting. Gary. Marcus. He's been writing variants of this kind of thing for decades and he's always been wrong.

> and he's always been wrong

Please explain in as much detail as you can because that is a very bold statement

Re: The rapid rise and slow decline of Sam Altman

#52
post #33
post #30

Earlier quoted context omitted.

Just short Nvidia. If the thing goes bang then that’ll be one of the big losers.

"Just short Nvidia" Is this financial advice? :-)

It was more “if you’re going to short then short nvidia seeing as it’s not possible to short companies such as OpenAI which are private”.

Re: The rapid rise and slow decline of Sam Altman

#53
I absolutely think AI will be/has been comoditised. The real value is in integrations and being able to draw in the right context, cleanly, to get the right outputs.

This is something where Google, Microsoft, and Apple, will really be able to dominate. Lots of businesses I've seen have already been using copilot for asking questions about their entire sharepoint library. The underlying model I expect could quite easily be gpt5, Claude, or even DS R1 without anyone really caring or noticing.

Re: The rapid rise and slow decline of Sam Altman

#54
post #23

Earlier quoted context omitted.

It's possible to notice a trend while still having the wit to realize you can't precisely time that trend well enough to profit from it. Another example might be, "Trump is increasingly old, feeble, and incapable of doing his job... but I'm not sure how that will translate into how long he's able to keep the job. It's possible that he could be a vegetable at some point and still POTUS." Demanding that people gamble w…

It's not orthogonal. And you will find people will change their mind when forced to put a little money on the line. "Team X is definitely winning, I'm certain". "So you'll offer me 1000-1 on the opponent?". "No". "6-1?", "No". They often realize they are about 65% certain at some point. And they often aren't being hyperbolic, they are just not thinking clearly.

There was a point after which the outcome of WWII was obvious and inevitable, but could you have timed the ending to within a week or two based on that knowledge? Should the inability to precisely time something imply that the arc of its future can’t be obvious?

Clearly not. Does the fact that few of us know the date of our death imply that we might live forever?

Re: The rapid rise and slow decline of Sam Altman

#56
post #54

Earlier quoted context omitted.

It's not orthogonal. And you will find people will change their mind when forced to put a little money on the line. "Team X is definitely winning, I'm certain". "So you'll offer me 1000-1 on the opponent?". "No". "6-1?", "No". They often realize they are about 65% certain at some point. And they often aren't being hyperbolic, they are just not thinking clearly.

There was a point after which the outcome of WWII was obvious and inevitable, but could you have timed the ending to within a week or two based on that knowledge? Should the inability to precisely time something imply that the arc of its future can’t be obvious? Clearly not. Does the fact that few of us know the date of our death imply that we might live forever?

You've misunderstood the point. It's not about being exactly right. It's about thinking clearly about the probabilities of different events. In your case, you explicitly call out that it's difficult to know the exact timing - so if someone had offered you even money for some particular week, you'd say no. If they offered you 100-1 for said week, it's a great bet, even if you lose.
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