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> just like previous technology hype cycles were surely going to Change Everything. I mean, we're seeing huge companies' entire product strategies changing overnight because We Must All Believe.

this didn’t really happen the way you want it to. Fortune 50 companies never spent billions of dollars on crypto or NFTs like they are doing for AI. No NASDAQ listed companies got trillion-dollar valuations out of crypto.

There is buy-in happening this time, unlike previous times, because this time actually is different.

> The whole AI thing just continues to baffle me. It's like everyone is in the same trance and simply assuming and chanting over and over that This Will Change Everything

I mean, some people see a broad consensus forming and reactively assume everyone else must be stupid (not like ME!). That’s a reflection of your own personal contrarianism.

Instead, try to realize that a broad consensus forming means you actually hold heterodox opinions, and if you think you have a good basis for them that’s fine, but if the foundation for your point that everyone in the world is too stupid to see what’s REALLY going on then maybe your opinions aren’t as reasoned as you think they are. You need to at least understand the values differences that are leading you down the road to different conclusions before you just dismiss the whole thing as “everyone else is just too wrapped into the cult to see straight”.

Bitcoin was actually rebuttable on some easily-explicable grounds as to why nobody really needed it. Why do you think semantic embeddings, semantic indexes/generation, multimodal interfaces, and computationally-tractable optimization/approximation generators are not commercially useful ideas?




> Instead, try to realize that a broad consensus forming means you actually hold heterodox opinions, and if you think you have a good basis for them that’s fine, but if the foundation for your point that everyone in the world is too stupid to see what’s REALLY going on then maybe your opinions aren’t as reasoned as you think they are.

I haven't even formed much of an opinion either way, yet. Sure, I have doubt, but that's more of a default than something I reasoned myself into. I'm saying it's just way too early to make statements either way about the future of LLMs and AI that are anything beyond wild guesses. "This time it's different, it's fundamentally transformative and will obviously change the world" is a religious statement when made this early.


Early would have been with GPT-2 writing bad poems. ChatGPT was released 1 year and 7 months ago, so it's still in diapers, but at that age it's already providing value to its users.


> this didn’t really happen the way you want it to. Fortune 50 companies never spent billions of dollars on crypto or NFTs like they are doing for AI.

Got to imagine that IBM’s spending on their weird blockchain hobby was at least in the hundreds of millions.

And Facebook spent tens of billions of dollars on metaverse stuff, of course.


> this didn’t really happen the way you want it to. Fortune 50 companies never spent billions of dollars on crypto or NFTs like they are doing for AI. No NASDAQ listed companies got trillion-dollar valuations out of crypto.

nvidia did very well out of crypto.




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