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Microsoft and Alphabet results show Wall Street only cares about AI
(www.marketwatch.com)
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this post was submitted on 27 Oct 2023
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We are in the infancy of generative AI. For you it has already replaced an entire sector of the workforce: artists. For others it has replaced them wholesale. For others it just assists. Hollywood was trying to legally own actors voices and likenesses to replace them.
This technology is not standing still. It will be great at a lot of things in the future. It could be next month. It could be next year. It could be in a decade. Whenever it arrives for your job it will be cheaper than you. There will be no going backward on this technology.
I totally agree that we're just scratching the surface of what AI can do. But I don't think it's what Wall Street thinks it is. It's not too terribly difficult to spin up an LLM, which means it's going to be difficult to set up chokepoints to extract rent.
Though I bet they'll get the government's help with that by regulating AI for "safety." The big guys won't have a problem but anyone else will have illegal programs running.
Exactly. It isn’t hard to spin up an LLM.
I agree corporations will lobby for a legalized monopoly so they’re able to extract rent.
Generative AI will only grow to replace more and more labor. Labor is most corporations largest expense. Participating in the economy as labor is how most people make their living.
If AI replaces labor, regardless of who controls it, it will change the world’s economy by putting most people out of a job.
I'm really confused by these comments. I work on AI and absolutely hate all the clickbait and marketing simple algorithms as actual AI. But this seems like the pendulum swinging way too hard the other way.
To put it bluntly - No, it is not simple or trivial to "spin up" an LLM. Unless you want it to be worse than simple chatbots that have already existed for over a decade.
Good. Work sucks. Let robots do it.
This only works if we have a system in place to handle most humans not working. Like a UBI of some kind. Capitalism can't function once there are no more jobs to work.
This just gets better and better!
While a full ai computer can sound cool, it would behave in a non reproducible and error prone way.
Do you think these problems are solvable, and not inherent characteristics? I don't know, I expect to see computers with high performant ai modules, but not a full ai computer.
Especially where image generation is concerned, the infancy part can't be understated. It's growing so, so fast. A year ago, people would be dismissing AI art as "you can always tell", it largely couldn't do hands, and text was right out. But current cutting edge models can semi-reliably generate imperceptible works, needing only some fairly trivial manual curation to pick the best output. There's also some models that are now able to do basic text. Just comparing a couple of years worth of progress side by side makes it very clear that it's advancing rapidly and there's no signs yet that it's plateaued.
The big barrier to image generation, though, is profit. The images that it creates are useful, but current understanding is that they can't be copyrighted and there's ongoing legal challenges that make it very murky. I don't think these companies can stay in business from regular people who'll pay for some tokens to generate art. They need to be usable by commercial companies, and the legal issues will scare many of those away, at least for now.