so long, see you all in the next hype. Any guesses?
this post was submitted on 13 Nov 2024
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Nice, looking forward to it! So much money and time wasted on pipe dreams and hype. We need to get back to some actually useful innovation.
Until Open AI announces a new 5t model or something and then the hype refreshes
AI was 99% a fad. Besides OpenAI and Nvidia, none of the other corporations bullshitting about AI have made anything remotely useful using it.
I would say LLMs specifically are in that ball park. Things like machine vision have been boringly productive and relatively un hyped.
There's certainly some utility to LLMs, but it's hard to see through all the crazy over estimations and being shoved everywhere by grifters.
Nvidia made money, but I've not seen OpenAI do anything useful, and they are not even profitable.
ChatGPT is basically the best LLM of its kind. As for Nvidia I'm not talking about hardware I'm talking about all of the models it's trained to do everything from DLSS and ACE to creating virtual characters that can converse and respond naturally to a human being.
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"LLMs such as they are, will become a commodity; price wars will keep revenue low. Given the cost of chips, profits will be elusive," Marcus predicts. "When everyone realizes this, the financial bubble may burst quickly."
Please let this happen
Market crash and third world war. What a time to be alive!
I wish just once we could have some kind of tech innovation without a bunch of douchebag techbros thinking it's going to solve all the world's problems with no side effects while they get super rich off it.
Soooo... Without capitalism?
Pretty much.
... bunch of douchebag techbros thinking it's going to solve all the world's problems with no side effects...
one doesn't imagine any of them even remotely thinks a technological panacaea is feasible.
... while they get super rich off it.
because they're only focusing on this.
Oh they definitely exist. At a high level the bullshit is driven by malicious greed, but there are also people who are naive and ignorant and hopeful enough to hear that drivel and truly believe in it.
Like when Microsoft shoves GPT4 into notepad.exe. Obviously a terrible terrible product from a UX/CX perspective. But also, extremely expensive for Microsoft right? They don't gain anything by stuffing their products with useless annoying features that eat expensive cloud compute like a kid eats candy. That only happens because their management people truly believe, honest to god, that this is a sound business strategy, which would only be the case if they are completely misunderstanding what GPT4 is and could be and actually think that future improvements would be so great that there is a path to mass monetization somehow.
That's not what's happening here. Microsoft management are well aware that AI isn't making them any money, but the company made a multi billion dollar bet on the idea that it would, and now they have to convince shareholders that they didn't epicly fuck up. Shoving AI into stuff like notepad is basically about artificially inflating "consumer uptake" numbers that they can then show to credulous investors to suggest that any day now this whole thing is going to explode into an absolute tidal wave of growth, so you'd better buy more stock right now, better not miss out.
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True, they just sell it to their investors as a panacea
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largely based on the notion that LLMs will, with continued scaling, become artificial general intelligence
Who said that LLMs were going to become AGI? LLMs as part of an AGI system makes sense but not LLMs alone becoming AGI. Only articles and blog posts from people who didn't understand the technology were making those claims. Which helped feed the hype.
I 100% agree that we're going to see an AI market correction. It's going to take a lot of hard human work to achieve the real value of LLMs. The hype is distracting from the real valuable and interesting work.
OpenAI published a paper about GPT titled "Sparks of AGI".
I don't think they really believe it but it's good to bring in VC money
That is a very VC baiting title. But it's doesn't appear from the abstract that they're claiming that LLMs will develop to the complexity of AGI.
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Journalists have no clue what AI even is. Nearly every article about AI is written by somebody who couldn't tell you the difference between an LLM and an AGI, and should be dismissed as spam.
The call is coming from inside. Google CEO claims it will be like alien intelligence so we should just trust it to make political decisions for us bro: https://www.computing.co.uk/news/2024/ai/former-google-ceo-eric-schmidt-urges-ai-acceleration-dismisses-climate
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Of course it'll crash. Saying it's imminent though suggests someone needs to exercise their shorts.
No shit. This was obvious from day one. This was never AGI, and was never going to be AGI.
Institutional investors saw an opportunity to make a shit ton of money and pumped it up as if it was world changing. They'll dump it like they always do, it will crash, and they'll make billions in the process with absolutely no negative repercussions.
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I'm shocked I tell you
"The economics are likely to be grim," Marcus wrote on his Substack. "Sky high valuation of companies like OpenAI and Microsoft are largely based on the notion that LLMs will, with continued scaling, become artificial general intelligence."
"As I have always warned," he added, "that's just a fantasy."
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Great!! ....I don't what chatGPT to go anywhere, I use it every day and Google has become assss.
Because nobody could have possibly saw that coming. /s
is this where we get to explain again why its not really ai?
I have to do similar things when it comes to 'raytracing'. It meant one thing, and then a company comes along and calls something sorta similar the same thing, then everyone has these ideas of what it should be vs. what it actually is doing. Then later, a better version comes out that nearly matches the original term, but there's already a negative hype because it launched half baked and misnamed. Now they have to name the original thing something new new to market it because they destroyed the original name with a bad label and half baked product.
Nope, just where you divest your stocks like any other tech run.
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Just put another number behind it. Luddites won't know the difference.
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yep Knew ai should die some day.