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People keep saying this is commoditize your complement but that's not what this is! Goods A and B are economic complements if, when the price of A goes down, d
by el_nahual 3y ago
People keep saying this is commoditize your complement but that's not what this is!
Goods A and B are economic complements if, when the price of A goes down, demand for B goes up.
LLMs are not complements to social media platforms. There is zero evidence that if "the price of LLMs goes down" then
"demand for social media apps go up".
This is a case of commoditizing the competition but that's not the same thing.
Commoditizing your complement:
- All-inclusive resorts. Restaurants are a complement to hotels. If food is free I might go on vacation more.
- Smartphone app-stores. Apps are a complement to phones. If apps cost $0.99 there will be more demand for iphones than if apps cost $20.
This is Zuck being an absolute shark and not wanting his competitors to have a monopoly over LLMs in case they win at some other game. It has nothing to do with "commoditize your complement."
- meindnoch 3y ago>LLMs are not complements to social media platforms Tell that to the people generating text for social media campaigns using LLMs.
- el_nahual 3y agoDo those campaigns increase or decrease engagement? My gut is that LLM use will decrease social media demand.
- austhrow743 3y agoSocial media demand is only important to the extent that more demand and engagement means more advertising opportunity. If LLM use decreases them while allowing advertisers to more effectively advertise, enough to offset the decrease, then it’s absolutely a complement,
- deleted 3y ago[deleted]
- raincole 3y agoIf we're going to theory-crafting, I think if the price of LLMs goes down, the demand for social media should go down too. Cause it's easy to make social media platforms worse with LLMs.
- TX81Z 3y agoTrue, there’s only one Elon to go around, we need AI to finish the job.
- whimsicalism 3y agoYou're right - as Meta is not a cloud provider, I should have said commoditizing the competition. I do think Meta probably benefits from commodity NLP inference as well, but not as a complement.
- bg24 3y agoNice analogy and explanation. Another aspect is building a ubiquitous platform and figure out how to monetize later as they (Meta) already have a cash cow. Zuck is a smart leader. Metaverse was a debacle. But the new world (AI centric) is for real. He is likely focusing on both weakening the stronghold of Google and building a massive community (like Android) around llama. Product ideas (including enterprise focus) will emerge over time.
- henriquez 3y ago“AI centric world” is as fake as the fully self-driving car tech that is largely based on the same fundamental concepts and never panned out, even a half decade the investor/speculation hypetrain went off the rails. Dogecoin is more real than so-called AI.