Earlier quoted context omitted.
Money is very, very, real for people below the poverty line.
People below the poverty line are real. But are they really “very, very” real?
They are in fact, very, very, VERY real.
OpenAI to buy AI startup from Jony Ive
911–920 of 1001 posts
Re: OpenAI to buy AI startup from Jony Ive
#912Earlier quoted context omitted.
Money isn't real anymore.
Money is very, very, real for people below the poverty line.
Sure, but is that relevant? I'm not sure people below the poverty line are acquiring SV companies.
In this case as I understand it, no money is being paid - it's a stock deal. For stock that isn't yet publicly trading, thus 'priced' pretty speculatively. So it is pretty abstract, and unreal.
Re: OpenAI to buy AI startup from Jony Ive
#913Just need a way to talk to ChatGPT anytime. Microphone, speaker and permanent connection to ChatGPT. That’s all you need: io One need is being able to talk to ChatGPT in a whisper or silent voice… so you can do it in public. I don’t think that comes from them, but it will be big when it does. Much easier than brain implants! In an ear device, you need enough data of listening to the muscles and the sounds together, t…
I’ve been using #5 for a few weeks now (Limitless.ai pendant, clips to clothes, records and transcribes everything all day) It sounds cool, and the idea of asking questions about your day seems like it would be cool, but a few weeks later I’m finding myself forgetting to take it with me. The value just isn’t there yet. (And why have a clip on microphone when everyone already has a microphone in our pocket?) It’s a co…
How does that work socially, is everyone just fine with their conversations with you being recorded? or do you just not mention it.
Re: OpenAI to buy AI startup from Jony Ive
#914Does Ive's "AI" have an unhealthy thinness fetish?
Re: OpenAI to buy AI startup from Jony Ive
#915OpenAI will pay most of the deal with an inflated evaluation. It could be that Jony wakes up one morning and finds OpenAI back at the ground. Sam is a master hype and inflation. He has cracked the code to generate free money and pays the companies with OpenAI equity.
Re: OpenAI to buy AI startup from Jony Ive
#916Earlier quoted context omitted.
They've already claimed that there will be no "GPT-5" LLM, and that instead what they want to call "GPT-5" is a fusion of their various models like 4o, dalle, their video model, etc. That in and of itself is a move that makes it quite clear to me they've hit a wall on the intelligence side. Add these purchases, and it seems like they are extremely desperate.
I'm not so sure it's desperation. As an alternative hypothesis, we might simply view it as an attempt from a temporary position of strength to secure their tremendous lead as the primary consumer access point to intelligence. I don't think it's much of an exaggeration to suggest that this is one of the most important open questions at the moment -- one which will likely be relatively winner-takes-all (in contrast to…
> I don't think it's much of an exaggeration to suggest that this is one of the most important open questions at the moment -- one which will likely be relatively winner-takes-all
That makes the presumption that we are currently in a `winner-takes-all` scenario, and I'm not convinced that that is the case.
I'm not sure what the criteria is for a winner-takes-all scenario, but it is not at all evident to me that there is one now, or ever will be.
There is, as everyone says, no actual moat here: Google search had a moat, Windows Desktop had a moat, Apple phones had (and still have) a moat. LLM output currently has no moat, not even performance (both speed and accuracy) because the productivity difference between no-LLM and poor-LLM is about 100x the difference between poor-LLM and good-LLM.
My prediction is that the price of LLM usage will slowly but consistently climb until it reaches the floor on LLM cost-to-suppliers. Right now we are all (myself included) being subsidised by VC money. When the supplier has to actually turn a profit, there's no moat that they can use to keep out newcomers, because the newcomers need only a fraction of the money spent by (for example OpenAI) in order to compete.
Maybe Google has a moat, in that they have everything in-house, from the user-facing product to the tensor-processing hardware? That's as close to a moat that I can think off.
Re: OpenAI to buy AI startup from Jony Ive
#917Earlier quoted context omitted.
The economy isn't going to be destroyed even if AGI were round the corner.
Interesting - how do you reconcile mass unemployment with working economy? (And this is honest question from one that is invested and hopeful that their life savings won’t evaporate overnight)
I don't think there's any reason to believe there'll be mass unemployment. Any job where human is cheaper than automation will stay human, or where people want a human and are willing to pay for it. Those jobs are probably most of the jobs, although I don't have data to back that claim up.
Also it's worth noting that if automation in the right areas has its intended effects, costs of living should come down, making the cost of a human less, not more[0], and moving the bar for what is worth automating higher and higher
[0] modulo policy decisions that raise the cost of living back up
Re: OpenAI to buy AI startup from Jony Ive
#918They could've just ChatGPT'd the design
Re: OpenAI to buy AI startup from Jony Ive
#919Earlier quoted context omitted.
> with its founder not even joining after an acquisition. So, not really an aquihire either. What do you mean? > Sir Jony Ive will “assume deep design and creative responsibilities” to build new products for OpenAI
> Ive won’t be joining OpenAI, and his design firm, LoveFrom, will continue to be independent, but they will “take over design for all of OpenAI, including its software,” in a deal valued at nearly $6.5 billion
Wow, that's... unexpected. In the video they were saying "merging" but I guess reality shows something else.
So he's pretty much gifting a nice amount of OpenAI stock to his friend, and also handing over all design responsibilities.
Nice.
Re: OpenAI to buy AI startup from Jony Ive
#920Earlier quoted context omitted.
I agree we are watching the turning point. If raw AI power is the key, Google seems to be in pole position form here on out. They can make their own TPUs, have their own data center. No need to "Stargate" with Oracle and Softbank in tow. Google also has Android, YouTube and G-Suite. However, OpenAI has been going down the product route for a few years now. After a spout of high-profile research exits it is clear Altm…
A lot of ifs there. When judging how likely Altman would be to deliver a better product, what other product has he delivered besides an orb that scans your eyeballs in exchange for crypto?
I mean, I guess the OPs argument is not that Altman is good at product, but that Google are pretty bad.
And historically, that's definitely been true. I do think they're doing well on the AI front at the moment, but who knows if that will continue.