Why does the forum of an incubator that now has a portfolio that is like 80% AI so routinely bearish on AI? Is it a fear of irrelevance?
Why does the forum of an incubator that now has a portfolio that is like 80% AI so routinely bearish on AI? Is it a fear of irrelevance?
I don't think there is serious argument that LLMs won't generate tremendous value. The question is who will capture it. PCs generated massive value. But other than a handful of manufacturers and designers (namely, Apple, HP, Lenovo, Dell and ASUS), most PC builders went bankrupt. And out of the value generated by PCs in the world, the vast majority was captured by other businesses and consumers.
The other point is still suspect: that LLMs will ever scale to AGI.
Which specifically means reliability and explainability for higher-order thinking.
The writing is on the wall that LLMs are going to automate failure-tolerant work.
But the rub there is that failure-tolerant work is also tolerant of less than state of the art, cost-optimized LLMs.
Which leaves OpenAI where? AGI or bust.
And I wouldn't take that bet, when MS, Google, and Apple are alternative options.
When the Internet was developed they didn't imagine the world wide Web.
When cars started to get popular people still thought there would be those who are going to stick with horses.
I think you're right on the AI we're just on the cusp of it and it'll be a hundred times bigger than we can imagine.
Back when oil was discovered and started to be used it was about equal to 500 laborers now automated. One AI computer with some video cards are now worth x number of knowledge workers. That never stop working as long as the electricity keeps flowing.
Even five years into this "AI revolution," the boosters haven't been able to paint a coherent picture of what AI could reasonably deliver – and they've delivered even less.
This makes me want to invest in malpractice lawyers, not OpenAI
Oh we know: https://pmc.ncbi.nlm.nih.gov/articles/PMC11006786/
The article could just as easily be about “Delayed diagnosis of a transient ischemic attack caused by talking to some rando on Reddit” and it would be just as (non) newsworthy.
AI isn't going to be the world changing, AGI, that was sold to the public. Instead, it will simply be another B2B SaaS product. Useful, for sure. Even profitable for startups.
But "take over the world" good? Unlikely.
The world is changing and that is scary.