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Joined 2 年前
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Cake day: 2023年8月29日

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  • So if I understood NVIDIA’s “strategy” right, their usage of companies like Coreweave is drawing in money from other investors and private equity? Does this mean, that unlike many of the other companies in the current bubble, they aren’t going to lose money on net, because they are actually luring in investment from other sources in companies like Coreweave (which is used to buy GPU and thus goes to them), whileleaving the debt/obligations in the hands of companies like Coreweave? If I’m following right this is still a long term losing strategy (assuming some form of AI bubble pop or deflation we are all at least reasonably sure of), but the expected result for NVIDIA is more of a massive drop in revenue as opposed to a total collapse of their company under a mountain of debt?







  • The Oracle deal seemed absurd, but I didn’t realize how absurd until I saw Ed’s compilation of the numbers. Notably, it means even if OpenAI meets its projected revenue numbers (which are absurdly optimistic, like bigger than Netflix and Spotify and several other services combined) paying Oracle (along with everyone else it has promised to buy compute from) will put it net negative on revenue until 2030, meaning it has to raise even more money.

    I’ve been assuming Sam Altman has absolutely no real belief that LLMs would lead to AGI and has instead been cynically cashing in on the sci-fi hype, but OpenAI’s choices don’t make any long term sense if AGI isn’t coming. The obvious explanation is that at this point he simply plans to grift and hype (while staying technically within the bounds of legality) to buy few years of personal enrichment. And to even ask what his “real beliefs” are gives him too much credit.

    Just to remind everyone: the market can stay irrational longer than you can stay solvent!













  • Given that the USA has refused more comprehensive gun laws or better funding of public mental health services even after many many school shootings, I think you are far too optimistic about the LLM induced mental health crisis actually leading to a ban or even just tighter liability on LLMs. My expectation is age verification plus giant disclaimers, and the crisis continuing. The inference cost will force the LLMs to be more obviously dumb and unable to keep track of context, and the lack of a technological moat will lead to LLM chatbots becoming commoditized, but I’m overall not optimistic.

    The LLM induced skill gap will be a thing yes… I predict companies trying to address it in the most hamfisted and belittling way possible. Like, they keep using code interviews (that are close to useless at evaluating the actual skills the employee needs), but now they want you to do the code interview with spyware installed to make sure you aren’t using an LLM to help you.