Altman's massive spending on AGI, NYC API gossip, incentives driving AI bubble. Belligerent United Airlines passenger fined $20K. Sam Altman unbothered by burning $50 billion for AGI. GPT4 criticized as 'dumbest model'. Discussions on tech hype bubble, career transitions, ethical tech considerations, and entrepreneurship in AI advancements.
Investing in AI for customer applications may lack ROI, charging for AI services isn't practical.
Meta's VR OS app store model contrasts with Apple's closed ecosystem, emphasizing the need for strategic differentiation for success.
Deep dives
The Growing Concern of AI Investment Returns
Investing in fine-tuning AI for customer applications lacks viable ROI. Charging for AI services like Siri isn't practical, and pouring billions into GPUs may not translate into iPhone sales. Meta's VR OS app store model contrasts with Apple's closed ecosystem, and Lama AI chat plans could set Meta apart if executed well.
The Chatbot Dilemma in Corporate Networks
Discussions on the necessity of chatbots in addition to existing mouse and keyboard setups raise concerns for blocking corporate networks for compliance purposes. Balancing side revenue interests alongside transition phase obligations presents challenges. An individual reflects on the ideal setup for future business ventures.
Challenges of Launching a Small Business
Balancing current employment commitments with the aspirations of being a small business owner poses time constraints for preparations to kickstart a venture. Striking a balance between sustaining family income and kickstarting a business calls for calculated strategies. Daydreams of entrepreneurial pursuits persist amid challenges of initiating setup with limited time availability.
Tech Industry Influence on Moral Law in Business Conduct
Emphasizing moral ethics over business obligations, advocating for principled conduct in the face of contractual conflicts resonates in contemporary business scenarios. Upholding ethical principles regardless of agreements or contractual obligations underscores the fundamental essence of ethical conduct. Prioritizing moral standards in business decisions underscores a commitment to ethical values despite situational challenges.
Altman's on a spending spree for AGI – why the huge price tag? Mike's back from NYC with juicy API gossip, and we break down the incentives pumping up a giant AI bubble.
<a href="https://twitter.com/tsarnick/status/1785838281671975136?t=E9EIlRX-vHxbQ8g23lQU3A" title=""Sam Altman: I don't care if we burn $50 billion a year"" rel="nofollow">"Sam Altman: I don't care if we burn $50 billion a year" — Sam Altman: I don't care if we burn $50 billion a year, we're building AGI and it's going to be worth it
Sam on GPT4 — GPT4 is "the dumbest model any of you will ever have to use again... by a lot"
The Possibilities of AI [Entire Talk] - Sam Altman (OpenAI) - YouTube — Sam Altman is the co-founder and CEO of OpenAI, the AI research and deployment company behind ChatGPT and DALL-E. Altman was president of the early-stage startup accelerator Y Combinator from 2014 to 2019. In 2015, he co-founded OpenAI as a nonprofit research lab with the mission to build general-purpose artificial intelligence that benefits all humanity. In this conversation with Stanford adjunct lecturer Ravi Belani, Altman gives advice for aspiring AI entrepreneurs and shares his insights about the opportunities and risks of AI tools and artificial general intelligence.
"BlackRock CEO Larry Fink: "In developed countries the big winners are... — BlackRock CEO Larry Fink: "In developed countries the big winners are those with shrinking populations.. They'll rapidly develop robotics/AI.. transform productivity.. elevate living standards.. substitute humans for machines"
Apple Vision Pro a big hit in enterprise — There isn't a line item in Apple's earnings for Apple Vision Pro, but CEO Tim Cook shared a tidbit of interest during the Q2 earnings call. He said Apple Vision Pro has been purchased by half of Fortune 100 companies.
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