I have to admit, of the four, Karpathy and Sutskever were the two I was most impressed with. I hope he goes on to do something great.
When the next wave of new deep learning innovations sweeps the world, Microsoft eats whats left of them. They make lots of money, but don't have future unless they replace what they lost.
that won't happen, the next scam will be different
it was crypto until FTX collapsed then the usual suspects led by a16z leaned on OpenAI to rush whatever they had on market hence the odd naming of ChatGPT 3.5.
When the hype is finally realized to be just mass printing bullshit -- relevant bullshit, yes, which sometimes can be useful but not billions of dollars of useful -- there will be something else.
Same old, same old. The only difference is there is no new catchy tunes. Yet? https://youtu.be/I6IQ_FOCE6I https://locusmag.com/2023/12/commentary-cory-doctorow-what-k...
AI, on the other hand, has a near infinite potential. It's conceivable that it will grow the global economy by 2% OR MORE per MONTH for decades or more.
AI is going to be much more impactful than the internet. Probably more than internal combustion, the steam engine and electricity combined.
The question is about the timescale. It could take 2 years before it really starts to generate profits, or it could take 10 or even more.
This round of AI is only capable of producing bullshit. Relevant bullshit but bullshit. This can be useful https://hachyderm.io/@inthehands/112006855076082650 but it doesn't mean it's more impactful than the Internet.
I actually expected objections on the opposite direction. But then, this is not twitter/X.
The point is that something that can easily generate 20%-100% growth per year (AGI/ASI) is so much more important that the best case prediction for crypto's effect on the economy are not even noticeable.
That's why comparing the crypto bubble to AI is so meaningless. Crypto was NEVER* going to be something hugely important, while AI is potentially almost limitless.
*If crypto had anything to offer at all, it would be ways to avoid fees, taxes and the ability to trace transactions.
The thing is, if crypto at any point seriously threatens to replace traditional currencies as stores of value in the US or EU, it will be banned instantly. Simply because it would make it impossible for governments to run budget deficits, prevent tax evasion and sever other things that governments care about.