Number one reason is lack of meaningful competition (political buying decision Boeing vs Airbus) and industry monopolization. In the 1960s there were Douglas, Convair, Lockheed, Boeing domestically
Very interesting, 2012 marks an inflection point, a change of the regime. I noticed that at that time the discourse shifted from the founder's concerns to that of the employees and became less interesting for me.
Since the end of the USD as the world reserve currency is imminent, the wisest thing US government can do is promote and favor Bitcoin. It's better to have a world reserve currency that no one controls, than CNY.
It may seem counterintuitive, but in 100 years, the West may economically choke under the burden of overregulation and central planning, while China, tired of the CCP, could become a free enterprise economy.
Do you see a way to simplify this? Say you want to engineer useful bacteria or something, and avoid dealing with the large human genome and regulation?
Sutskever says there's a "phase transition" at the order of 9 bn neurons, after which LLMs begin to become really useful. I don't know much here, but wouldn't the monomodels become overfit, because they don't have enough data for 9+bn parameters?
You are forgetting about the end of the Moore's law. The costs for running a large scale AI won't drop dramatically. Any optimizations will require non-trivial expensive PhD Bell Labs level research. Running intelligent LLMs will be financially accessible only to a few mega corps in the US and China (and perhaps to the European government). The AI "safety" teams will control the public discourse. Traditional search engines that blacklist websites with dissenting opinions will be viewed as the benevolent free speech dinosaurs of the past.
Also Ethereum switched to proof of stake. Which means that the "stakeholders" (shareholders) are voting what transactions go into the ledger. Bitcoin is proof of work still.
The most negative argument about GPT-like AI for me is that it has summed up all world's information into only one "correct" opinion. Bing chat for example terminates the conversation and offers you to apologize when you reply that it's incorrect and you don't like its biases. With the old search engines, at least, in theory, you could get links to websites with different points of view.
Probably one of the best uses of taxpayers money. Better than the wars. By the way, Fairchild Semiconductor, the first chip company, the predecessor of Intel was also supported by taxpayers money, because its largest orders came from the Apollo program and the military.
That started only recently, around 2020ish. If you don't use the data (basic plan) and access your sms and vms via a web page using a VPN, you are ok (first hand experience, expat in EU)
Eventually more and more use cases for Bitcoin will emerge, as the government becomes less competent and more reckless with its fiat. It costs $35,000 for a reason.
Pro starts from $1000. First Android phone 's HTC Dream launch price was $180 (with a 2y contract), the phone had a physical keyboard, a physical trackball, a replaceable battery, it was a real work tool.
Pro starts from $1000. First Android phone 's HTC Dream launch price was $180 (with a 2y contract), the phone had a physical keyboard, a physical trackball, a replaceable battery, it was a real work tool.
Same thing was done by the Bolsheviks and French revolutionaries (regardless of the merit). French even renamed the calendar months, but then reverted on everything. Russians didn't revert. Let's see where this goes here.