Sebastian Tegar
@sebastian-tgrr.bsky.social
I like sci-fi and economics stuff
Reposted by Sebastian Tegar
A LITTLE LOUDER FOR THE STOCK MARKET APPEASERS IN THE BACK
August 1, 2024 at 2:29 AM
A LITTLE LOUDER FOR THE STOCK MARKET APPEASERS IN THE BACK
Reposted by Sebastian Tegar
There are trillions of dollars of market cap (and I do mean trillions) tied up in AI, and meanwhile capability *appears* to be a linear function of cost. No other technological leap, especially commercialized ones, has worked that way. Ever.
![Belani poses the question "Does the cost keep growing with each subsequent [version], and does it keep growing multiplicatively? How do you capitalize on that?
"I think giving people really capable tools and letting them figure out how they're going to use this to build the future is a super good thing to do, and is super valuable, and I am super willing to bet on the ingenuity of you all and everybody else in the world to figure out what to do about this," Altman explained.
GPT-4 is the dumbest model any of you will ever have to use again by a lot.
Sam Altman
"There is probably some more business-minded person than me at OpenAI somewhere that is worried about how much we're spending, but I kind of don't," he jokes. He even admitted that the money is going on a not great product.
When pressed on burning "$520 million of cash last year" for running the "phenomenal ChatGPT", Altman describes the company's LLM as "mildly embarrassing at best".](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:pnx2fjuannbdpy3337ggthpp/bafkreig6ottsxb5oqrzvw2bmpetmfcd2chd64dkhyzamcj4xmcojawllva@jpeg)
May 3, 2024 at 9:28 AM
There are trillions of dollars of market cap (and I do mean trillions) tied up in AI, and meanwhile capability *appears* to be a linear function of cost. No other technological leap, especially commercialized ones, has worked that way. Ever.