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These changes in direction (spending billions, freezing hiring) over just a few months show that these people are as clueless as to what's going to happen with
by seu 1y ago
These changes in direction (spending billions, freezing hiring) over just a few months show that these people are as clueless as to what's going to happen with AI, as everyone else. They just have the billions and therefore dictate where money goes, but that's it.
- awalsh128 1y agoThis is why I ignore anything that CEOs say about AI in the news. Examples, AGI in a few years, most jobs will be obsolete, etc.
- specialist 1y agoAuthor Ted Chiang is the only celebrity AI kibitzer pundit I wholly agree with. Paraphrasing: Capital will use / is using AI to further bludgeon Labor.
- majewsky 1y agoI like how Cory Doctorow put it (paraphrasing): Every technology exists to solve a problem. AI in its current form is intended to solve the problem of having to pay wages.
- turzmo 1y agoCEO's were never credible to begin with, but what about Nobel laureate in Physics, Geoffrey Hinton, telling us to stop training radiologists? Nothing makes sense anymore.
- thfuran 1y agoWell, clearly he should stick to physics. Even if it's likely that AI would replace them soon, a lot of people would likely die unnecessarily if we ran overly low on radiologists by ending the pipeline too soon. They're already overworked and that can only go so far. It's not a bet we should make.
- dismalaf 1y ago> Well, clearly he should stick to physics. While his Nobel prize was for "physics", his domain is AI.
- dismalaf 1y agoGeoffrey Hinton believes a little too much in his baby.
- jiveturkey 1y agoyou think folks that have experience managing this much money/resources (unlike yourself) are clueless? more likely it's 4D chess.
- deleted 1y ago[deleted]
- jamwil 1y agoJust like the metaverse?
- goyagoji 1y agoAnti-aging startups is 5D chess, the 4th dimension is the most fickle so it's very hard to make it to a 4D intercept when your ideas are stupid.
- jiveturkey 1y agosometimes you lose
- dude250711 1y agoLike everything but acquisitions since the original product?
- kelnos 1y agoWhen your track record includes a lot of losses, the scale points more and more toward "clueless" and away from "4D chess".
- aspenmayer 1y agoIsn’t that already priced in? Shorts exist.
- jeremyjh 1y agoThe market can stay irrational for longer than you can stay solvent.
- toephu2 1y agoThe media always says AI is the biggest technological change of our lifetime.. I think it was the internet actually.
- postalrat 1y agoI believe it's the biggest change since the Internet but what will be bigger will probably remain subjective.
- platevoltage 1y agoI’d say that the social media revolution had a bigger effect than AI has at this point.
- Imustaskforhelp 1y agoThat is a genuinely fair take. I agree Social media was a quality of life upgrade where it wasn't promising too much, and it delivered on what it promised. (maybe a little too much) AI on the other hand just like blockchain feels like hype.
- platevoltage 1y agoSocial Media is basically what enabled me to actually be social during the Friendster/Early Myspace era. It helped me get to know people I'd met in real life, and meet other people within the city I lived in. Now if you're not on linkedIn, people question whether you are a real person or not. I hope AI ends up like blockchain. It's there if you have a use-case for it, but it's not absolutely embedded in everything you do. Both are insanely cool technologies.
- lerchmo 1y agoin the context of LLM's we are in the Friendster era
- platevoltage 1y ago
- thefourthchime 1y agoThat's one interpretation, but nobody really knows. It's also possible that they got a bunch of big egos in a room and decided they didn't need any more until they figured out how to organize things.
- nurettin 1y agoRisk assessment goes up, you manage it. What is your solution? Should everyone just act numb and wait it out?
- mlsu 1y agoThis is a structural problem with our economy, much larger than just Facebook. Due its large scale concentration, the allocation of capital in the economy as a whole has become far less efficient over the last 20 years.
- RugnirViking 1y agoBut always remember, it's not technically a monopoly! Boy am I tired of that one. We desperately need more smaller companies and actual competition but nobody seems to even be trying
- todd-davies 1y agoMany of us in the antitrust/competition law community are trying. One issue, specific to digital markets, is that the field has very few people who are both legally and technically literate. If you're a technical person looking for a career shift, moving into legal policy/academia has the potential to be quite high impact for that reason.
- dizlexic 1y agois there a state bar bootcamp?
- Terr_ 1y agoOnce, out of curiosity, I looked into how easily someone without a formal law degree and work experience could take the bar exam "for fun", and IIRC in my state it wasn't really possible.
- Tallain 1y agoOutside of going back to school for another degree, how would this shift be possible?
- tenacious_tuna 1y agoGods I would love to work more in a policy space, tho my background is entirely technical. A friend of mine has been trying to get into law school for a few years; she's technically competent and plenty intelligent, but it's been hard going for her to get in, plus multiple years of education to even attempt the bar. All of that sounds like far too much sunk-cost to me to dally in and figure out if it's a path I would truly enjoy. What ways could I engage with policy coming from a technical background that would serve as a useful stepping stone to a more policy based career, but doesn't require such an upfront cost as a law degree?