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There really isn’t a product in text or other modalities that shows me this is a $1T dollar market in 10 yrs (as the valuations would imply). To play devils ad

by nibab 3y ago

There really isn’t a product in text or other modalities that shows me this is a $1T dollar market in 10 yrs (as the valuations would imply). To play devils advocate, even if there were some killer products, value capture seems particularly tricky. There just aren’t any business models that could sustain a market mass of this size. Lots of cool demos and productivity software (mind you with a very narrow definition of what productivity is).

deleted 3y ago
[deleted]
nostrademons 3y ago
Generative AI is very good at spewing bullshit. Unfortunately, the upper echelons of society run on bullshit. And so that's exactly why generative AI is revolutionary. The killer app is in separating dumb billionaires from their billions, just like crypto's killer app was. And just like crypto eventually filtered down to separating dumb retail investors from their thousands, generative AI may eventually filter down to generating scams & spam that separate dumb retail consumers from their thousands. That's why the dumb billionaires are interested in it. A more logical solution might be to not run society on bullshit, but that seems to be beyond the capabilities of most humans.
- pixl97 3y ago
  >A more logical solution might be to not run society on bullshit And this is why you're poor. In fact, depending on your definition of bullshit, if you did not run society on bullshit there wouldn't be billionaires at all. Once you reach the level of technology that can provide for everyone, what need is there to make more? >The reasonable man adapts himself to the world; the unreasonable one persists to adapt the world to himself. Therefore all progress depends on the unreasonable man.
  - adventured 3y ago
    > Once you reach the level of technology that can provide for everyone, what need is there to make more? Because you can never reach that outcome no matter what your technology is. Your premise is so vague as to be useless. Provide what for everyone? How much for everyone? Who decides how much for everyone? Based on what? Elected by whom? If you actually dig into any of that what you'll find is that it's impossible. Unless you use a hyper violent authoritarian model that dictates every minute of every person's life. Otherwise, one person will always have different needs than another person, without exception (and that's so varied we could be here all day listing the differing ways, from freak health situations to genetics to activity choices). And that's just on matters of basic needs. Then we get into luxuries, any and all things people want beyond basic needs. And then you have to debate the extent to which people require some manner of luxuries beyond basic needs in order to actually continue to exist in a healthy manner. And then you have to get into who decides on that, who dictates which people get which luxuries, if indeed it's decided people require some level of luxury in their life. And that's just scratching the surface at a minimum for why the premise: once technology has provided for everyone - entirely implodes upon any inspection at all. It never can, it never will. Human desire is infinite up to the point of expiration. That includes the desire for new experiences (can people live without new experiences? doubtful, certainly they'll live horrific miserable lives without such), which is a gigantic envelope of things unto itself, beyond the basic needs category. Who decides what new experiences everyone has access to? How much allocation to that? And on and on and on it goes.
    - pixl97 3y ago
      >Human desire is infinite up to the point of expiration. No, the only thing infinite is human greed, the difference between greed and desire is desire can make concessions for the needs of others, greed will burn down the world to get exactly what it wants. > And then you have to get into who decides on that As technology concentrates power, it will be the authoritarian leader. Putin is a great example of this. Greed driving him and Russia to ruin.
    - mlazos 3y ago
      What are you even talking about, of course it can. If humanoid robots become a viable means of production, a lot of human labor could be replaced. You continue to use the current economic system to allocate.
  - deleted 3y ago
    [deleted]
- janalsncm 3y ago
  From personal experience, I’ve saved hundreds of hours with ChatGPT already. It can piece together large neural nets in PyTorch that would take me an hour or more to get right, or annoying pieces of code which I don’t feel like correlating the disparate pieces of online info for. Of course I will review it and unit test it to make sure it works, but I honestly make more mistakes integrating it in my larger project than ChatGPT does in the code itself. And this is on the free version. There are limitations of course but I’ve been impressed more often than not.
  - mensetmanusman 3y ago
    This is my experience. What does it mean for the world when skilled programmers are 10x-ing their productivity? Is it just more vacation? Or do things change more profoundly?
    - rnk 3y ago
      It means that there will be higher productivity expectations based on using this. If you can't use it very well you won't be as rewarded, you probably won't be compensated as well. We have a long human and also programming history that as we gain capabilities, the expectations of that being a standard thing grows.

by nibab 3y ago

deleted 3y ago

[deleted]

nostrademons 3y ago

Generative AI is very good at spewing bullshit. Unfortunately, the upper echelons of society run on bullshit. And so that's exactly why generative AI is revolutionary. The killer app is in separating dumb billionaires from their billions, just like crypto's killer app was. And just like crypto eventually filtered down to separating dumb retail investors from their thousands, generative AI may eventually filter down to generating scams & spam that separate dumb retail consumers from their thousands. That's why the dumb billionaires are interested in it. A more logical solution might be to not run society on bullshit, but that seems to be beyond the capabilities of most humans.

pixl97 3y ago
>A more logical solution might be to not run society on bullshit And this is why you're poor. In fact, depending on your definition of bullshit, if you did not run society on bullshit there wouldn't be billionaires at all. Once you reach the level of technology that can provide for everyone, what need is there to make more? >The reasonable man adapts himself to the world; the unreasonable one persists to adapt the world to himself. Therefore all progress depends on the unreasonable man.
- adventured 3y ago
  > Once you reach the level of technology that can provide for everyone, what need is there to make more? Because you can never reach that outcome no matter what your technology is. Your premise is so vague as to be useless. Provide what for everyone? How much for everyone? Who decides how much for everyone? Based on what? Elected by whom? If you actually dig into any of that what you'll find is that it's impossible. Unless you use a hyper violent authoritarian model that dictates every minute of every person's life. Otherwise, one person will always have different needs than another person, without exception (and that's so varied we could be here all day listing the differing ways, from freak health situations to genetics to activity choices). And that's just on matters of basic needs. Then we get into luxuries, any and all things people want beyond basic needs. And then you have to debate the extent to which people require some manner of luxuries beyond basic needs in order to actually continue to exist in a healthy manner. And then you have to get into who decides on that, who dictates which people get which luxuries, if indeed it's decided people require some level of luxury in their life. And that's just scratching the surface at a minimum for why the premise: once technology has provided for everyone - entirely implodes upon any inspection at all. It never can, it never will. Human desire is infinite up to the point of expiration. That includes the desire for new experiences (can people live without new experiences? doubtful, certainly they'll live horrific miserable lives without such), which is a gigantic envelope of things unto itself, beyond the basic needs category. Who decides what new experiences everyone has access to? How much allocation to that? And on and on and on it goes.
  - pixl97 3y ago
    >Human desire is infinite up to the point of expiration. No, the only thing infinite is human greed, the difference between greed and desire is desire can make concessions for the needs of others, greed will burn down the world to get exactly what it wants. > And then you have to get into who decides on that As technology concentrates power, it will be the authoritarian leader. Putin is a great example of this. Greed driving him and Russia to ruin.
  - mlazos 3y ago
    What are you even talking about, of course it can. If humanoid robots become a viable means of production, a lot of human labor could be replaced. You continue to use the current economic system to allocate.
- deleted 3y ago
  [deleted]
janalsncm 3y ago
From personal experience, I’ve saved hundreds of hours with ChatGPT already. It can piece together large neural nets in PyTorch that would take me an hour or more to get right, or annoying pieces of code which I don’t feel like correlating the disparate pieces of online info for. Of course I will review it and unit test it to make sure it works, but I honestly make more mistakes integrating it in my larger project than ChatGPT does in the code itself. And this is on the free version. There are limitations of course but I’ve been impressed more often than not.
- mensetmanusman 3y ago
  This is my experience. What does it mean for the world when skilled programmers are 10x-ing their productivity? Is it just more vacation? Or do things change more profoundly?
  - rnk 3y ago
    It means that there will be higher productivity expectations based on using this. If you can't use it very well you won't be as rewarded, you probably won't be compensated as well. We have a long human and also programming history that as we gain capabilities, the expectations of that being a standard thing grows.