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334 points mooreds | 5 comments | | HN request time: 0.87s | source
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dathinab ◴[] No.44484445[source]
I _hope_ AGI is not right around the corner, for social political reasons we are absolutely not ready for it and it might push the future of humanity into a dystopia abyss.

but also just taking what we have now with some major power usage reduction and minor improvements here and there already seems like something which can be very usable/useful in a lot of areas (and to some degree we aren't even really ready for that either, but I guess thats normal with major technological change)

it's just that for those companies creating foundational models it's quite unclear how they can recoup their already spend cost without either major break through or forcefully (or deceptively) pushing it into a lot more places then it fits into

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twelve40 ◴[] No.44484506[source]
I agree and sincerely hope this bubble pops soon

> Meta Invests $100 Billion into Augmented Reality

that fool controls the board and he seems to be just desperately throwing insane ad money against the wall hoping that something sticks

for Altman there is no backing out either, need to make hay while the sun shines

for the rest of us, i really hope these clowns fail like it's 2000 and never get to their dystopian matrix crap.

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pbreit ◴[] No.44484649[source]
"that fool" created a $1.8 trillion company.
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1. kulahan ◴[] No.44484722[source]
$1.8 trillion in investor hopes and dreams, but of course they make zero dollars in profit, don’t know how to turn a profit, don’t have a product anyone would pay a profitable amount for, and have yet to show any real-world use that isn’t kinda dumb because you can’t trust anything it says anyways.
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2. daniel_iversen ◴[] No.44484818[source]
Meta makes > $160 billion in revenue and is profitable itself, of course they’re going to invest in future longer term revenue streams! Apple is the counter example in a way who have maintained a lot of cash reserves (which seems to by the way have dwindled a LOT as I just checked..?)
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3. ◴[] No.44484822[source]
4. kulahan ◴[] No.44485504[source]
I’m talking about OpenAI, not companies subsidizing their value-losing LLMs with value-generating branches of the company.
5. ArnoVW ◴[] No.44485619[source]
All that money was outside the US. The theory was for some time that they were waiting for the right moment (change of administration/legislation) so that they could officially recognize the profit in the US cheaply