581–590 of 936 posts
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As someone using LLMs daily, it's always interesting to read something about AI being a bubble or just hype. I think you're going to miss the train, I am personally convinced this is the technology of our lifetime.
How are you using it? The execs and investors believe the road to profit is by getting rid of your role in the process. Do you think that’d be possible?
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As someone using LLMs daily, it's always interesting to read something about AI being a bubble or just hype. I think you're going to miss the train, I am personally convinced this is the technology of our lifetime.
If you really think this, `baby` is an apt name! Internet, Smartphones, and social media will all be more impactful than LLMs could possibly be... but hey, if you're like 18 y/o then sure, maybe LLMs is the biggest. Also disagree with missing the train, these tools are so easy to use a monkey (not even a smart one like an ape, more like a Howler) can effectively use them. Add in that the tooling landscape is changing…
It never really made sense for Meta to get into AI, the motivations were always pretty thin and it seemed like they just wanted to ride the wave.
It might not pan out, but it's worth trying from a pure business point of view.
I’ve never seen so much evidence for a bubble yet so much potential to be the biggest Thing ever. Just getting a lot of mixed signals right now. Not sure what to think.
Personally, I think it's both! It's a bubble, but it's also going to be something that slowly but steadily transforms the world in the next 10-20 years.
Unfortunately, the major players seem focused on 'getting to AGI pretention through LLM'.
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With gpt5 I’m not sure this is true. Certainly openAI is still losing money but if they stopped research and just focused on productionizing inference use cases I think they’d be profitable.
But would they be profitable enough? They've taken on more than $50 billion of investment. I think it's relatively easy for Meta to plow billions into AI. Last quarter their revenue was something like $15 billion. Open AI will be lucky to generate that over the next year.
META has only made $78.7 billion operating income in the past 12 months of returns. Time to buckle up! https://finance.yahoo.com/quote/META/financials/
how does this compare to the depreciation cost of their datacenters?
https://pbs.twimg.com/media/GxIeCe7bkAEwXju?format=jpg&name=...
It almost seems as though the record-setting bonuses they were dolling out to hire the top minds in AI might have been a little shortsighted. A couple of years ago, I asked a financial investment person about AI as a trick question. She did well by recommending investing in companies that invest in AI (like MS) but who had other profitable businesses (like Azure). I was waiting for her to put her foot in her mouth an…
I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." We're clearly seeing what AI will eventually be able to do, just like many VOD, smartphone and grocery delivery companies of the 90s did with the internet. The groundwork has been laid, and it's not too hard to see the shape of things to come. This tech, however, is still far too immature for a lot of use cases. There's enough…
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Wage suppression? Its the opposite were talking about here. Pay large amounts of money to make sure people don't work on challenging problems. But sure you cant try and argue that's wage suppression.
The comment I was responding to was implying that it would be better for the collective if Meta was not paying these exorbitant salaries. You said “it [paying high salaries] is a great way to kneecap collective growth and development.” In other words, you’re suggesting that _not_ paying high salaries would be good for collective growth and development. And if Meta is currently willing to pay these salaries, but didn’…
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It's a cliche but people really underestimate and try to downplay the role of luck[0]. [0] https://www.scientificamerican.com/blog/beautiful-minds/the-...
People also underestimate the value of maximizing opportunities for luck. If we think of luck as random external chance that we can't control, then what can we control? Doing things that increase your exposure to opportunities without spreading yourself too thin is the key. Easier said than done to strike that balance, but getting out there and trying a lot of things is a viable strategy even if only a few of them pa…