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| ▲ | dolebirchwood 20 hours ago | parent | next [-] |
| > You think OAI, Amazon etc can freely put large amounts of money into this for 5-10 years? Won't matter. The Chinese models will be running on potatoes by then and be better than ever. |
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| ▲ | sdf2df 6 hours ago | parent [-] | | By the time that's obvious investors in the market would've priced that in. Again repeating myself here. |
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| ▲ | HWR_14 18 hours ago | parent | prev | next [-] |
| Whatever you want to say about other companies, Amazon (and Meta) is quite willing to spend many years pouring billions into technology they think will pay off later. |
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| ▲ | Ekaros 16 hours ago | parent [-] | | Looking at VR and Meta. They absolutely can be wrong. So even after investing what seems to be enough, there might not be any payoff. | | |
| ▲ | sdf2df 6 hours ago | parent [-] | | And the investors were correct to crush the stock price down to 90-odd dollars. Which finally forced Zuck to face the music. This place is full of bozos. |
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| ▲ | stevenhuang 6 hours ago | parent | prev | next [-] |
| Whether investors will see returns soon enough to service their debt loads is entirely another matter. I do agree the likely course of action is we get a crash of sorts, since the only way their investments pan out is if labour is replaced entirely which of course sounds unlikely in near term. My point is the cat is out of the bag. It doesn't take massive investments to achieve iterative improvements on SOTA. As long as the technology does not plateau, smaller labs have shown it's possible to advance the frontiers independent of large companies/investments. And as these frontiers advance, more and more of economical knowledge work will be subsumed by AI. I don't see a way out of this, which is why I am a strong proponent of wealth distribution eg UBI. |
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| ▲ | greyw 20 hours ago | parent | prev [-] |
| Such are reductive and superficial way of thinking on how investments works. Makes me confident you dont really are able to make a good prediction |
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| ▲ | sdf2df 6 hours ago | parent [-] | | Lol okay, show me your portfolio. Ive beaten the market after-adjusting for risk for years on-end. |
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