AI one-percenters seizing power forever is the real doomsday scenario, warns AI godfather::The real risk of AI isn’t that it’ll kill you. It’s that a small group of billionaires will control the tech forever.
AI one-percenters seizing power forever is the real doomsday scenario, warns AI godfather::The real risk of AI isn’t that it’ll kill you. It’s that a small group of billionaires will control the tech forever.
At first the fear mongering was about how AI is so good that you’ll be able to replace your entire workforce with it for a fraction of the cost, which would be sooo horrible. Pwease investors pwease oh pwease stop investing in my company uwu
Now they’re straight up saying that the people who invest the most in AI will dominate the world. If tech companies were really all that scared of AI they would be calling for more regulations yet none of these people ever seem to be interested in that at all.
I think you’ve spotted the grift here. AI investment has faltered quickly, so a final pump before the dump. Get the suckers thinking it’s a no-brainer and dump the shitty stock. Business insider caring for humanity lol
Either ML is going to scale in an unpredictable way, or it is a complete dead end when it comes to artificial intelligence. The “godfathers” of ai know it’s a dead end.
Probabilistic computing based on statistical models has value and will be useful. Pretending it is a world changing AI tech was a grift from day 1. The fact that art, that cannot be evaluated objectively, was the first place it appeared commercially should have been the clue.
That is literally modelling how your and all our brains work, so no, neuromorphic computing / approximate computing is still the way to go. It’s just that neuromorphic computing does not necessarily equal LLMs. Paired with powerful mixed analogue and digital signal chips based on photonics, we will hopefully at some point be able to make neural networks that can scale the simulation of neurons and synapses to a level that is on par or even superior to thr human brain.
Neural networks have been phenomenal in the results they have achieved, out doing support vector machines, random trees, Markov models etc… But I do wonder if there is a bias towards it being able to mimick what the brain does like the other post said, and where are the limits.
For example in medicine, we want to spot unknown correlations to improve things like drug discovery, stratified medince, strange patterns in disease within a population that suggests unknown factors at play… There might be a mathematical model better that convolutional neural networks that doesn’t mimick the brain, but we maybe need an ai to develop that, maybe like deep thought in hgttg!
Hgttg?
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ML isn’t a dead end. I mean, if your target is strong AI at human-like intelligence, then maybe, maybe not. If your goal is useful tools for getting shit done, then ML is already a success. Almost every push for AI in the last 60 years has born fruit, even if it didn’t meet its final end goal.
That’s pretty much what I meant. ML has a lot of value, promising that it will deliver artificial intelligence is probably hogwash.
Useful tools? yes. AI? No. But never let the truth get in the way of an investor bonanza.
I love hearing these takes.
“TVs are just a fad. All the good content is on radio!”
“The Internet is just a sandbox for nerds. No normal person will use it.”
“AI is just a grift. It won’t ever be useful.”
Lmao sure Jan.
AI has been, is and will be very useful, but it’s in an over hype phase poised for a drop. I don’t think you understood what I was saying
AI isn’t a stock.
This is not how investment capital works.
I understood what you were saying.
No but investments into AI from companies has completely ballooned stock prices of certain companies, which is due for a correction.
This is exactly how investment capital works. You pump gain value on the up side and dump while getting into short positions to profit from the creation and implosion of a bubble. They then before a bubble burst draw up public support to unload the bags on. Risne repeat and move on, it’s the playbook for VC…
Investment capital and stock purchases are different things.
VC means “venture capitalist” and the “venture” part is when you invest in a private (i.e. “doesn’t have stock”) company. You may have confused this with VCs wanting to get in early before an IPO (Initial Public Offering), so they can get out big and early.
So no, this is not how any of this works.
Very few AI companies are publicly traded, because the industry is still almost entirely startups (hence the capital interest)
Contrary to what GME cultists will tell you, pump and dumps are pretty rare outside of crypto. Crypto is vulnerable to it because there are no fundamentals and market value based is entirely on speculation.
No shit, it’s why if you are in the market to offset risk you are going to open a short position through your family office once that company eventually tries to IPO which is able to skirt reporting requirements via equity swaps. As I said investment captial is used for pumping and artificially moving goal posts so that post eventual ipo you can have untenable growth targets that justifies your new found short exposure for those “fundamentals” you describe.
Yes as I explained, they use private investment before public scrutiny to create untenable growth targets, generate hype around the ipo, cash out and short the fucker to the ground to essentially doubling any gains. It’s extremely common place, which is why it’s always a trope around VC firms and their evaluations in any business type media.
Yes once again this exactly how this all works.
How many times does one need to state the bubble is not on the AI tech itself, it’s on those companies introducing AI into their workflow where the asset bubble is occurring as they are inflating the gains AI will actually bring. The VC funds are there so that the AI companies can be sized up with untenable growth projections and evaluations to prevent long term growth allowing companies like Microsoft to come in and scoop up the IP for significantly cheaper than developing it themselves, cough openAI cough cough.
Fuck you wall street shills are always so predictable, no one is a cultist with GME we are all household investors who saw a completely overshorted company and invested. Continued to investigate the market and are now trying to apply regulatory pressure as individuals to make sure we have the same access and ability to work in our financial markets as any wall street company does. Pump and dumps are not rare outside of crypto, for fucks sake just listen to cramer for a week you probably identified 10 stocks being gamed as he tries to sell his viewers on that “investment”. Granted most money on your general stock market is siphoned off using off exchange trading, pfof, and etf share fabrication under market making exemptions.
Imagine knowing so little but writing so much.
Bonus funny points for calling me a “wall street shill” in a thread about an interaction that specifically does not involve the stock market.
Lmao this explains so much. TO THE MOOOOOOON
You’re conflating polarized opinions of very different people and groups.
That being said your antagonism towards investors and wealthy companies is very sound as a foundation.
Hinton only gave his excessive worry after he left his job. There is no reason to suspect his motives.
Lecun is the opposite side and believes the danger is in companies hoarding the technology. He is why the open community has gained so much traction.
OpenAI are simultaneously being criticized for putting AI out for public use, as well a for not being open enough about the architecture, or allowing the public to actually have control of the state of AI developments. That being said they are leaning towards more authoritarian control from united governments and groups.
I’m mostly geared towards yann lecun and being more open despite the risks, because there is more risk and harm from hindering development of or privatizing the growth of AI technology.
The reality is that every single direction they try is heavily criticized because the general public has jumped onto a weird AI hate train.
See artists still complaining about adobe AI regardless of the training data, and hating on the open model community despite giving power to the people who don’t want to join the adobe rent system.
I’ve heard some of them are calling for regulation, that favours them.