"LLMs such as they are, will become a commodity; price wars will keep revenue low. Given the cost of chips, profits will be elusive," Marcus predicts. "When everyone realizes this, the financial bubble may burst quickly."
Please let this happen
this post was submitted on 13 Nov 2024
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Market crash and third world war. What a time to be alive!
I wish just once we could have some kind of tech innovation without a bunch of douchebag techbros thinking it's going to solve all the world's problems with no side effects while they get super rich off it.
... bunch of douchebag techbros thinking it's going to solve all the world's problems with no side effects...
one doesn't imagine any of them even remotely thinks a technological panacaea is feasible.
... while they get super rich off it.
because they're only focusing on this.
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Of course most don't actually even believe it, that's just the pitch to get that VC juice. It's basically fraud all the way down.
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Huh?
The smartphone improvements hit a rubber wall a few years ago (disregarding folding screens, that compose a small market share, improvement rate slowed down drastically), and the industry is doing fine. It's not growing like it use to, but that just means people are keeping their smartphones for longer periods of time, not that people stopped using them.
Even if AI were to completely freeze right now, people will continue using it.
Why are people reacting like AI is going to get dropped?
People are dumping billions of dollars into it, mostly power, but it cannot turn profit.
So the companies who, for example, revived a nuclear power facility in order to feed their machine with ever diminishing returns of quality output are going to shut everything down at massive losses and countless hours of human work and lifespan thrown down the drain.
This will have an economic impact quite large as many newly created jobs go up in smoke and businesses who structured around the assumption of continued availability of high end AI need to reorganize or go out of business.
Search up the Dot Com Bubble.
People differentiate AI (the technology) from AI (the product being peddled by big corporations) without making clear that nuance (Or they mean just LLMs, or they aren't even aware the technology has a grassroots adoption outside of those big corporations). It will take time, and the bubble bursting might very well be a good thing for the technology into the future. If something is only know for it's capitalistic exploits it'll continue to be seen unfavorably even when it's proven it's value to those who care to look at it with an open mind. I read it mostly as those people rejoicing over those big corporations getting shafted for their greedy practices.
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Because in some eyes, infinite rapid growth is the only measure of success.
People pay real money for smartphones.
People pay real Money for AIaaS as well..
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Fingers crossed.
This is why you're seeing news articles from Sam Altman saying that AGI will blow past us without any societal impact. He's trying to lessen the blow of the bubble bursting for AI/ML.
No shit. This was obvious from day one. This was never AGI, and was never going to be AGI.
Institutional investors saw an opportunity to make a shit ton of money and pumped it up as if it was world changing. They'll dump it like they always do, it will crash, and they'll make billions in the process with absolutely no negative repercussions.
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Yay
It's been 5 minutes since the new thing did a new thing. Is it the end?
largely based on the notion that LLMs will, with continued scaling, become artificial general intelligence
Who said that LLMs were going to become AGI? LLMs as part of an AGI system makes sense but not LLMs alone becoming AGI. Only articles and blog posts from people who didn't understand the technology were making those claims. Which helped feed the hype.
I 100% agree that we're going to see an AI market correction. It's going to take a lot of hard human work to achieve the real value of LLMs. The hype is distracting from the real valuable and interesting work.
OpenAI published a paper about GPT titled "Sparks of AGI".
I don't think they really believe it but it's good to bring in VC money
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Journalists have no clue what AI even is. Nearly every article about AI is written by somebody who couldn't tell you the difference between an LLM and an AGI, and should be dismissed as spam.
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I am so tired of the ai hype and hate. Please give me my gen art interest back please just make it obscure again to program art I beg of you
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As I use copilot to write software, I have a hard time seeing how it'll get better than it already is. The fundamental problem of all machine learning is that the training data has to be good enough to solve the problem. So the problems I run into make sense, like:
- Copilot can't read my mind and figure out what I'm trying to do.
- I'm working on an uncommon problem where the typical solutions don't work
- Copilot is unable to tell when it doesn't "know" the answer, because of course it's just simulating communication and doesn't really know anything.
2 and 3 could be alleviated, but probably not solved completely with more and better data or engineering changes - but obviously AI developers started by training the models on the most useful data and strategies that they think work best. 1 seems fundamentally unsolvable.
I think there could be some more advances in finding more and better use cases, but I'm a pessimist when it comes to any serious advances in the underlying technology.
Not copilot, but I run into a fourth problem:
4. The LLM gets hung up on insisting that a newer feature of the language I'm using is wrong and keeps focusing on "fixing" it, even though it has access to the newest correct specifications where the feature is explicitly defined and explained.
Oh god yes, ran into this asking for a shell.nix file with a handful of tricky dependencies. It kept trying to do this insanely complicated temporary pull and build from git instead of just a 6 line file asking for the right packages.
"This code is giving me a return value of X instead of Y"
"Ah the reason you're having trouble is because you initialized this list with brackets instead of new()."
"How would a syntax error give me an incorrect return"
"You're right, thanks for correcting me!"
"Ok so like... The problem though."
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Good. I look forward to all these idiots finally accepting that they drastically misunderstood what LLMs actually are and are not. I know their idiotic brains are only able to understand simple concepts like "line must go up" and follow them like religious tenants though so I'm sure they'll waste everyone's time and increase enshitification with some other new bullshit once they quietly remove their broken (and unprofitable) AI from stuff.
