Earlier quoted context omitted.
But always remember, it's not technically a monopoly! Boy am I tired of that one. We desperately need more smaller companies and actual competition but nobody seems to even be trying
Many of us in the antitrust/competition law community are trying. One issue, specific to digital markets, is that the field has very few people who are both legally and technically literate. If you're a technical person looking for a career shift, moving into legal policy/academia has the potential to be quite high impact for that reason.
Mark Zuckerberg freezes AI hiring amid bubble fears
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Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#932Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#933Earlier quoted context omitted.
Speaking of Netflix - I think the image, video, audio, world model, diffusion domains should be treated 100% separately from LLMs. They are not the same thing. Image and video AI is nothing short of revolutionary. It's already having huge impact and it's disrupting every single business it touches. I've spoken with hundreds of medium and large businesses about it. They're changing how they bill clients and budget pro…
Fwiw LLMs are also revolutionary. There's currently more anti-AI hype than AI hype imho. As in there's literally people claiming it's completely useless and not going to change a thing. Which is crazy.
iterative. we had a shittier version of this 20 years ago
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#934Earlier quoted context omitted.
If we're actually headed for a "house of cards" AI crash in a couple months, that actually makes their arrangement with Meta likely more valuable, not less. Meta is a much more diversified company than the AI companies that these folks were poached from. Meta stock will likely be more resilient than AI-company stock in the event of an AI bubble bursting. Moreover, they were offered so much of it that even if it were…
A social media company is more diversified? Maybe compared to anthropic or openai, but not to any of the hyperscalers
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#935Earlier quoted context omitted.
Many of us in the antitrust/competition law community are trying. One issue, specific to digital markets, is that the field has very few people who are both legally and technically literate. If you're a technical person looking for a career shift, moving into legal policy/academia has the potential to be quite high impact for that reason.
That’s one issue, but is it even the most important thing? A lot of it is just regulatory capture, legalized political corruption (“lobbying”) and the total disfigurement of antitrust law by Bork decades ago.
Re: Mark Zuckerberg freezes AI hiring amid bubble fears
#936These changes in direction (spending billions, freezing hiring) over just a few months show that these people are as clueless as to what's going to happen with AI, as everyone else. They just have the billions and therefore dictate where money goes, but that's it.