Reminds me so much of WeWork.
The profit's coming guys! Just another trillion, that's all we need!
Reminds me so much of WeWork.
The profit's coming guys! Just another trillion, that's all we need!
It recently occurred to me that OpenAI is using the MoviePass model.
Didn't work out so well for MoviePass.
I bought 15 dollars of Moviepass long after it failed because I wondered if the marketing had value.
It did not.
There was zero value.
moviepass had some value eventhough it was over-inflated and gougy, LLM had no value to people.
Only because MoviePass failed (to become a monopoly).
Something like OpenAI forces investors to operate on a Sunk Cost Fallacy, where they'd rather keep bailing out the company than lose what they'd already invested. Nearly every commercially successfully corporation has followed this exact model.
Once you reach Walmart/Amazon status (ie. household name) you're "too big to fail". Not until something else comes along to replace you. Actual business success is negligible once you're a monopoly.
McDonald's is the shittiest fastfood chain on the planet and continuously going downhill, but not once has the company ever been in danger of shutting down. They've only continuously expanded until they convinced all consumers there was no better alternative.
And last I checked, people have begun to embrace ChatGPT in the same teeth-gritting fashion as McDick.
It might just cave like Vine, or it might outright replace Google. At this point, could go either way.
What really tells it for the scam that it is would be to overlay that with this dipshit's personal wealth over the same period.
an interesting fun fact about altman, he met his husband at one of THIELs POOL parties, its not by accident around 2015.
Shouldn't there be an actual number that The Altman has essentially burned, in front of all those zeros, and behind the negative symbol? Otherwise it seems to be saying that they are still almost liquid.
That 2015 pic makes me understand why Peter Thiel was such a fan. He was kind of a cute twink actually.
Never have I been so regretful of learning English before reading this sentence.
altman met his husband during one of THIELS parties at the time, strange coincidence he started openai after it. thiel has ties to epstein too. I wonder how far gawker couldve gone if they wernt sued to the ground due to a vendetta by Thiel, they were definitely reporting on some of suspicious business pratices.
Thiel side piece was young male model who was defenestrated last year in florida, and largely buried by MSM and even on reddit it dint last a day, he definitely has a type.
How come regulations haven't made them stop using that misleading name already ?
Those zeroes are off, right? Aren't we WELL into the billions in sunk costs?
Shouldn't the profit be more like -$20B or something? Since they're actively losing money
The business model isn't to make money from a chat bot. The aim is to get to AGI and make money that way. Replacing workers with AI would be a gigantic money maker. Nearly all the big players bank on that.
If that is even possible is still unclear. A big bet with billions of dollars.
Using LLMs to get to AGI is like teaching a dog tricks and expecting that, if you work hard enough at it, the dog would get a law degree eventually
So if AGI is the key to replacing (most) workers, then AGI cannot exist without democratic socialism else we'll all starve.
No no no you've got it all wrong.
YOU'LL all starve. No problem! /S
Yes it can, it's just the wealthy don't care if we eat each other to survive. This is why EVERYONE should be oppose to AGI who isn't a billionaire or at least many times multimillionaire. It harms the common man, period.
LLM's are cool and all, but you can't use them for anything requiring real precision without allocating human work time to validate the output, unless you want to end up on the national news for producing something fraudulent.
And making it so their image generator can generate porn isn't going to change that.
I had to correct my boss this morning because they didn't read the AI output that told our client our services were worthless.
Yes, currently AI isn't reliable enough to use instead of a human. All the big AI businesses bet that this will change - either by training with more data or some technological breakthrough.
Could be they're right.
They tried that with Theranos because Elizabeth Holmes' machine could correctly identify four viruses.
Presumably LLM's have already trained on the entirety of human knowledge and communication and still produce buggy information, so I'm skeptical that it'll work out the way the VC's expect, but we'll see.
Thisthread is not about AI, it's about pattern predictions snake oil.
Well, we know absolutely for certain that consciousness is just complex computation... right?
Because it would be very very silly to have bet all these billions of dollars on a convenient assumption.
Yes. In the long run you are absolutely right.
But these are people who pray at the altar of short term growth and for that it's the Holy Grail.
Wages are one of the biggest expenses for a lot of companies. That's why the first reflex of managers, if the numbers are bad, is "fire people". Ignoring that the loss of knowledge and experience, as well as the additional stress for the remaining people, might very well hasten their demise.
Now what are these people going to do if you can reduce the biggest expense to a fraction of the original cost while possibly crashing the economy?
Hint: these are not the same people who will be blamed if the economy tanked and are rich enough to relocate to whatever country still does well.
I like to imagine that the "-" indicates its negative (i know a negative 0 makes no sense but it sounds fitting)
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