rhetocj23

I listened to both and they both sounded soul-less.

Would be pretty ironic if AI destroys the value attributed to the brand name of these firms who are not policing the mounting slop.

"Furthermore, they will contest, there is no “magic”. As Sam Altman, chief executive of OpenAI, posted on X in 2023, “Everything ‘creative’ is a remix of things that happened in the past, plus epsilon and times the quality of the feedback loop and the number of iterations”"

Wow first time Ive read this. The hubris of Silicon Valley couldnt come crash down any sooner.

I’m convinced most people are not so good at transmitting what they know and they don’t get into the depths of what they are explaining. And use jargon/make assumptions that throw students off so they end up getting lost and inevitably quit.

The harsh reality is - we don’t need a zillion teachers. What we need is a high quality production team, including great teachers, who can produce high quality content that all can consume. A teachers role should shift from direct transmission to helping understanding the content.

Yes.

Thank you for saying this.

The problem is do you know much 14% etc is? We are talking about valuations in the trillions my friend!

I hate to say this but I think the LLM story is going to go the same way as Teslas stock - everyone knows its completely detached from fundamentals and driven by momentum and hype but nobody wants to do the right thing.

Apple is the only firm that seems to do a good job in preventing itself from falling prey to what leads to the demise of every corp in history.

It does seem pretty clear that an individual who possess super high quality human capital, paired with something like an LLM (provided the LLM is good enough relative to the individual) can be a powerful combination.

The issues are:

1) There isnt enough supply of those individuals 2) Such an LLM of that kind doesnt exist (at least not in consistent nature) 3) The amount invested into what is going on will not yield returns commensurate to the required rate of return

Interestingly enough, I believe Andrej Karpathy is also focusing on education (levelling up the supply of human capital) - I came to the above conclusion about a month ago. And it 'feels' right to me.

I think its more likely that it wont happen and the hubris of folks like you is going to look comical in hindsight.

I think this comparison is all wrong. The internet is more closer to the notion of a wheel - the internet has done amazing stuff just as the wheel has and nobody foresaw the impact the internet would have and how the underlying technologies that power it have evolved.

Just like how a wheel moves stuff, the internet is the medium through which bits are transmitted and received.

"The real devastation will be in the porn industry."

The UK govt has started to crack down on this. AI generated porn will lead to a war from govts on nailing this economic activity shut.

Link? And explain in detail, incrementally, what you have done so we can analyse it for ourselves?

Nice post.

I am dumbfounded as to how this doesnt seem to resonate widely on HN.

It may be difficult for you to believe or digest, but this means nothing for actual innovation. Im yet to see the effects of LLMs send a shockwave in the real economy.

Ive actually hung around Olympiad level folks and unfortunately, their reach of intellect was limited in specific ways that didnt mean anything in regards to the real economy.

Ive also found this jarring and it speaks to the hubris of folks that have emerged in the past few decades who dont seem to have much relation to the humanities and liberal arts.

Its very interesting to see how many people struggle to understand this.

Sounds like the vision for this stuff was playing into made-up numbers inputted into a financial model on a spreadsheet.

Im sure the MBA folks love stats like that - theres plenty that have infested big tech. I mean Pichai is an MBA+Mckinsey Alumni.

Ready for the impending lay off fella?

"Maybe if you want to get ahead you gotta stop thinking like everyone else"

Well for starters you need a leader who can rally the troops who "think(s) different" - something like a S Jobs.

That person doesnt seem to exist in the industry right now.

Frankly this is the reason why Im not convinced the current movement of LLMs will yield anything close to the dream.

The right people to deliver immense progress dont exist right now.

Yeah and this problem is near impossible to fix once it has infested into the culture of the firm.

Let’s dig a little deeper. Why isn’t education around the basics of finance mandatory in school?

You sound like the type of guy who condones businesses like payday loans.

If you had a decent enough credit rating, there would be no need to use klarna as you’d already have credit on better terms.

You clearly don’t get it pal.

Yep.

They’re exploiting the economically and financially illiterate who have self control issues. Let’s just call it what it is

No he is a manager and is employed at the behest of the collective shareholders.

Zuck can exercise all his power, but he can also enjoy a low stock price if he pisses off investors. Hence that power doesnt mean much.

My answer to this is - so what? What are the effects in the real economy?

Theres probably a good 2-3 years left of runway for substantial progress before things really fall off a cliff. There has to be some semblance of GDP (real) growth.