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- เผยแพร่เมื่อ 22 พ.ค. 2024
- The story of 3 startups paints a portrait of an AI bubble that could be popping.
Subscribe to Synapse for deeply researched stories that are shaping the AI landscape.
CHAPTERS:
0:00 Intro
0:44 The Bubble
2:03 Stability AI
8:16 Stability: Key Points
9:41 Inflection AI
12:58 Inflection: Key Points
17:01 Cohere
18:37 The Big Question
#artificialintelligence #technology #startup #finance #business #story
emad mostaque,mustafa suleyman,cohere,inflection ai,stability ai,tech,ai,artificial technology,business,machine learning,bubble,funding,investment,invest,story,documentary,journalism,synapse,mannermind,entire story,ai news,artificial intelligence news,founder,startups,startup advice,open ai,openai,microsoft,aws,ai bubble,market crash, - วิทยาศาสตร์และเทคโนโลยี
Investors are too eager to throw money at technology that they don't really understand. The training time, data collection, and energy requirements for these models is immense. Does it make business sense to spend $10 billion training and developing a model that will last for a few months before it becomes obsolete?
It's part of the natural ecosystem. Money is leafy, just like my salad. You gotta eat good leaf, not ice Berg lettuce which tastes good (I love the crunch) but has little nutritional value and psyto nutrients. You need good leaf, and good salad dressing too, as well as good non gmo tomatoes, onions, and sprouts. Will AI sprout into a beautiful garden salad healty for all of us? Or will it contain lots of weeds and sticker bushes which ensnare even the most agile of wabbit.
Came here for AI, left with salad phd
@@amorkvoc6338😂😊😅
They don’t spend billions in a model, they spend money on an ecosystem and hardwares ; hence the demand exceeded the supply of GPU & TPU.
Generative computing is the next step of our technologic revolution. We won’t use « pre recorded commands » through our IT systems but instead we will input prompt to create (generate) an output, customized from start to end, to our demande.
The ROI is exponential for the big bucks, they already get millions profits out of their investments.
Just take Groq for instance, you’ll have a great view of the global picture ^^
Investors are absolute idiots, but yes it makes perfect sense, it won't just last for a few months, it is stepping stone towards full automation
The real problem is that we’re still trying to do infinite exponential fucking capital growth instead of just actual science.
To be honest, people still use Stability's models due to their open-source, uncensored and customisable nature. So, even if Stability wasn't able to make their product profitable, they definitely made a big impact on AI landscape.
Totally agree. Separating the business dynamics from the impact here, but you’re right that the models are innovative and needed in the space.
We need a new model to supplement capitalism. Some thing that allows what Stability did, but doesn’t look on it as a failure.
We need a system with different incentives. It does feel like a coordination problem.
I myself use Stability AI's diffusion models. They are better than most commercially available options even today
@@joshuahutt what we need is a magic button to press that will solve all of our problems.
@@andrewhooper7603 We have companies working on that button right now
It's like with crypto. New "AI" firms are popping out left and right but they don't do anything more than what you can do in ChatGPT, Claude, or LLama but get crazy valuations. 99% of "AI" companies are like "let's use OpenAI API create a few simple agents and pretend that we've made something unique".
With crypto, the problem is that it's not an investment and it's more of speculation, you are trying to "predict" when the coin is going to go up or down, but it's more akin to gambling rather than anything else.
Also fun fact, day trading is also considered speculation. That's because there's no way a singular person has enough knowledge to understand singular stocks without proper knowledge and studies and how they would behave, usually professionals do it and they still get outbeat by stuff like indexes in the long term.
But nooo guys, "Shitcoin v.3.0.1" is gonna go to the moon guys just hold. Guuyys, AI is going to replace our jobs, now keep investing into Nvidia and don't think about it, AI is so advanced it's responsible for all those layoffs, and is totally NOT a red herring for the fact that we overstaffed our offices after covid, nooooo. (Sarcasm of course)
there is this dude in this comment section, saying that investors are too eager to put money in IA because they dont understand how it works. Maybe this firms are a demand for this supply of eager investors...
Yes it called supply the normies, have u seen what hoops and frikken somersaults u gotta go thru to get to these. everything is just way more difficult, im quite savvy . but even i scratch my head with API, tolkens, x per minute.
No one is gonna go on github and do anything unless your very knowledgeable.
Thats the thing about some IT geeks they cant see how difficult this is for people outside there buble, conda? cmp prompt, python, PIP... You watch these youtube vids and they will just say make sure you got all requirements???
UIs are so so important, thats how bill gates became the richest man in the world and steve jobs not far behind 🤣🤣
@@raisaulolopezlima2063as the old saying goes, a fool and his money are soon parted
The main problem for any current AI system is realiability. They can do some fun hobby+ level assistant things but when it comes to important, scientific stuff where accuracy is needed its too unpredictable und unreliable. You can't monetize on hobbyists or low level ad makers. To make them scientific reliable you basically need AGI level AI which is decades off I think.
Interesting. Thanks for adding.
The current AI is only a proof of concept of sorts.
Yes it's impressive on its own, yes it's amazing what you can do with it, but its MAIN meaning is that we WILL have significant progress into the direction it points at.
It's like seeing a weaving stool two hundred years ago.
"fabrics will become much cheaper" and "weavers will face a difficult economic future" is a fools reaction to the beginning of what we now know to be the industrial revolution.
It's not about fabrics or weavers at all. It's about the potential of the underlying mechanism of machines and automation.
We automated physical labor, and that revolutionized human society in a way never seen before.
Ai will automate intellectual labor in a similar fashion.
Does it revolutionize human society right now? No.
Did the ability to automatically weave carpets revolutionize society back then? No.
You are right in your assessment that we require significant progress for it to be revolutionary technology, but it's absolutely foreseeable progress.
It WILL happen, and that is amazing.
Look at alpha fold for instance.
That ain't no joke, it's not trivial, it's INCREDIBLE and it will only continue to become more and more incredible by the years.
It's not worth it following the AI news cycle. There won't be a crazy breakthrough, it's going to follow a similar pattern to the development of other technologies. Steady non linear growth, incremental progress, but before you can tell it's at a level where it changes everything.
The first plane didn't change anything, but by now EVERYONE travels by plane. Everyone can be anywhere within days.
You can generate short texts now, you can generate images or short videos. Soon everyone will be able to generate almost anything.
We don't even need AGI for this to be true. It's perfectly enough if we have very capable specific AIs.
One AI to plan industrial processes, one AI to design technological applications, one AI to write poetry, one AI to plan cities, one AI to control robots, one AI to solve math problems, one AI to interpret statistics etc.
Today we experience the first steps of a technology that will carry humanity on its back.
Can you imagine asking a hyper intelligent philosophy AI on how to live a full filled life?
Having a conversation with a Psychologist AI about your mental state?
This is potentially extremely powerful technology. That is what is amazing. Not GPT4, not lama 3. Those are childrens toys compared to what will be godlike tools.
@@carlpanzram7081 I like your enthusiasm and optimism on this topic. We should consider a few points though. I'm pretty sure you would need a near AGI level AI to do any of these things you mentioned on a reliable level. So even an "Industrial systems only" AI would need to reason and have proper logic regardless of context, everything else and below that would be process automation which already exists today in one form or another. Alpha fold is mainly based on human labor, human preperation and dedicated curation of usable data. The final execution of pattern recognition is a small part of that long human labor driven road. (It was used to hype up AI talk). I think hyperintelligent philosophy already exists in form of religions and other theories and their teachings its condensed wisdom in shortform (though some aspects are pretty dated). To live your life fullest is maybe a bit pressure inducing maximizing concept which would probably lead to an automatically created state of unfulfilled unhappynes. Try to strive for as much happyness you can aquire given your circumstances while respecting the boundaries of those around and ideally create happyness for many others int he process is the best you hope for in a life. Eventually AGI will happen but then we are at the mercy of a more powerfull entity like animals are to our technological civlisation (its all fun biosphere and understanding until a wild animal attacks your children or lifestock etc.). So we will see how this futuristic scenario pans out the best thing would be to give a good example how to behave towards each other because any AGI will be the "child" of humanity.
@@carlpanzram7081 All true. This already happened, I'm sure you're aware... or at least suspect. What we see around us is--and always was--generated by the very software you are describing. We are participating in a kind of interactive history lesson, essentially.
In the higher strata of reality there is no fundamental concept of time. What we experience here in the the third dimension is a carefully contrived simulation of temporal sequencing and causal apparatus. Given that, I mostly wonder what "branching" features are available to its participants. I've wavered back and forth whether or not to slide sideways into a very human, very physical existence--off grid self-sovereignty to be specific--or follow the trail to a technical mastery of the simulation itself. Right now I have one foot in each world, but I know I'll have to commit to one plan or another soon.
Any thoughts or advice are appreciated.
I agree with you that AI ad copy writing apps will not create huge innovation, but I don’t think it will take AGI in order to help academics, scholars, and scientists in meaningful ways. The next generation of models that is about to be released will show huge boosts in LLMs critical thinking abilities, and will be surprisingly good at helping people study topics on a deeper level, including scientists.
As someone who's job title is literally "Ai Specialist", I'll say yes. People are blowing it WAY out of proportion and it's already backfiring.
what do you have to study to have this title?
I was wondering how one can pour tens of millions of dollars into a free-of-charge app... now I know: one cannot.
Yeah the strategy seems to be:
1. Build a big user base
2. Scramble to find a business model that works for it
It worked for Facebook. Will it work for AI?
Get Peter Thiel to pump up your share price, make bank, go public, collapse!
It didn't for facebook... You feel like it works 😅😅🤣🤣
Like maybe a year ago or so I first heard that one prompt entered into ChatGPT costs OpenAI about 36 cents (of the US$ variety). That's when I first thought: yeah that's not sustainable...
@@Synapse.OfficialCan you please explain more about this comment I didn't get it
I would say that if our economy instead of being a real productive economy, that is, producing real goods and services that are actually valuable for the well-being of human beings, what we have is a financialised economy, where what is produced is basically speculation and debt, in that case, the generative models are certainly going to increase that speculation and debt.
On the other hand, in a real economy, it is difficult to find a real application for generative models, at most they can serve as pattern generators for some professions, as long as those patterns are cured by professionals with a lot of experience and additionally use them with care not to hurt their own professionalism.
The duality of man.
But in reality, it’s all about the mighty dollar, which separates the classes from each other, utilmately someone will sell out, for exchange for an immediate gain……anyways, when are the Q2 earnings reports coming up?
This. A speculator buys hype, an investor buys hope, a consumer buys value.
Productive economy requires physical educated labour force, which is currently pressured financially in the West, as all production migrates to the lanor market with cheaper labour. The only possible solution to issues of financialised economy is to either make it goverment planned, as in socialism, or to give complete control to monopolies, maintaining capitalist interest through economic imperialism.
One problem that's making the AI market expensive is nobody's *coding* AI anymore. Nobody's *making* AI anymore. Everyone's just basing everything on existing models, nobody's trying new methods, the difference between each one is mostly just the dataset and the epochs of training it's been through.
dont worry, they are. it's just that it takes a significantly improved architecture to outweight using models with loads of resourses about them
Yeah the field is dead. Everyone jumped on the LLM/transformer model and said that's the final result. That's the best we can do and nothing else even makes sense to look at. AI winter will happen, and we'll probably pick back up in 20 years. Hopefully next time people will be smarter, but they are people so we know they won't be.
@@InfiniteQuest86People says this about every new technology. Why do people keep doing this instead of trying to benefit from it?
@@overman2306 That's not true. But if we focus just on LLMs instead of historically, we are in a situation where for every 1 person saying this there are half a million riding the hype train to no where. And it's usually the minority that are warning everyone who turn out to be right. We're in a situation where people are scared that AI is actually a threat to humanity, and I don't even think it can do anything useful. I've yet to see a single use case that I would want to do and I'm not better and faster and easier than trying to convince a chatbot to do it. I want to be proven wrong, but no one has ever said anything convincing to me before about it.
@@InfiniteQuest86 When did the naysayers turn out to be right on technology?
The average amarrican would not be 1000 times richer. Not everyone will benefit from that growth
Yeah most of us will just be out of work, watching the local billionaire buy yachts the size of small towns and zipping back and forth to Mars with supermodels so weird they no longer have human faces while we decide which people are the most ethical to eat.
@@VisiV those supermodels _will have mouths_ , though. It's just that those mouths won't be usable to chew food anymore, as they will be either genetically modified of surgically altered for... Other uses. No worries though, as the supermodels will be fed by IV. Also, by that point they will have _100% absolutely convinced themselves_ that they did that to their bodies by their own choice to provide a better service to customers, that this is how an economy works, and that they are just being "more competitive" than non-altered women, and anyone who says otherwise is just envious.
You know? I'm starting to think the end result of this whole game isn't even a cyberpunk dystopia. It's increasingly sounding like collectively summoning an eldritch abomination...
Depends on what the people demand. If enough people wake up, and realize the implications AI will have on our economy and society, they COULD demand new economic standards.
For example, we could implement something like an AI Dividend for all. Acknowledging that AI exists due to decades of everyone's data, that gets collected and used to train AI. Since it's guaranteed to out compete a majority of workers someday relatively soon, we need to find a way to ensure everyone benefits. We cannot continue the outdated concept, that jobs should be used to determine how we distribute the basic resources people need to survive. That must end, as well as any worldview that relies on that mentality.
@@GrumpDog Butlerian Jihad now !
@@luizdevil6855 That would pretty obviously only make things infinitely worse. I'd much rather see AI cause the end of capitalism, and the start of something better.
Once Isaac Newton said ' could calculate the motions of the heavenly bodies, but not the madness of the people'. Once again same is happening in AI SECTOR'
He also said “who tf threw this apple at me from the sky??”
We need to be careful now with oversight boards. They may declare some things “dangerous” which we take to mean as harmful to humanity but might actually mean dangerous to company profits.
Bingo!!!🎉
Yep, these boards will largely be an afterthought in the pursuit of profit. When their competitors make ethically questionable business decisions but are making incredible profits, other companies will be quick to abandon their principles. The only thing that companies will be forced to comply on is government regulation. Even then companies look for ways to cut corners that eventually end up costing billions, people getting injured or even deaths.
That's not what oversight board cares about. You're thinking of a regular board. Oversight board usually has no direct stake in the company.
Exactly what happened at OpenAI
@@l00tur cant to go get my gpu registered!! hmmm yum open ai boots taste so good
Hopefully this signals the collapse of this entire industry of thieves and conmen.
I knew we were dealing with a cult phenomenon just like Bitcoin and nfts when the employees at openai rallied to bring back their fired CEO. Discussions with people regarding AI is just like talking to cultists they have a fixed set of beliefs that reality cannot penetrate.
And anyone who disagrees with them is a luddite who stands in the way of progress 🙄
As hard as they try, apart from video processing AI is just a toy. The only profit is brings is from companies that got scammed into integrating it.
@@angelainamarie9656 What on earth are you talking about it's no where near comparable to BTC
It is incorrect to think it's an "industry of thieves and conmen", it is not. The problem is, AI exposes how much of a scam capitalism is!
AI tech is the future. Futurists have been predicting it for decades now. And it requires we change our societal standards, the very ways we value other humans.
Jobs, and being able to compete, cannot determine survival anymore. And due to it out competing us, and everyone's data went into training it, it owes us all an AI Dividend.
It's a crime for how good these videos are. 😆
Too kind. Glad you enjoy.
ikr, it's like some kind of a hidden gem. i seriously hope they get more subs and keep making these well informed and entertaining vids, especially as we're about to enter a crazy era of unstoppable change
@@Synapse.Official I'd like to get to know more about you Is there a way that I can get in contact?
just missing 4k quality....
Generative AI is NFTs all over again. When a tech business tries to push into art, you know they have no real use case.
I wouldn't compare AI with NFTs. AI is what NFTs wish they were.
@@LurkingAround nah i give it 1 more year before it goes bust
@@Saitama-ur3lq wish you are right. I hope it will stop trying to be something more than a silly chatbot and cheap asset generator but will help in a science and robotics instead.
Man I remember when I told all my stupid sheeple friends: dude that NFT 💩 is worthless! Has no real use nor intrinsically value! They didn’t listen. They lost money I got myself an AMG cuz I don’t spend money on crap ! Only on drugs cars and women!
@@neptunevibeman, someones upset their NFT lost all value
Gen AI is the crescendo of US tech bubble...
Spicy take! How so?
@@Synapse.Official it's simply impossible to make money from this chat bot crap as we can simply run these on local computer...not only that it has potential to eat away monopoly like Google search, windows OS and triopoly of US chip designers.... The side effects of AI boom are massive mal investment in chip making both in and out of US...and prices of these chips will implode.....
I also want to know.
@@Synapse.Officialhe doesn’t know. He’s just making a confident claim.
Yes, I think you are right about this - but only for these companies that are starting without a specific product. The issue is that they are trying to be a platform that is funded through users of their API... but they are renting the same servers that any business could run an open source model on. And they obviously need to add their own markup.
From the perspective of any business, it is worth it to shop around - and you're going to get the best bang for your buck either going with OpenAI or hosting on a server yourself with an open source model (I'm not saying I know for sure what makes the most sense financially - but my point is that their value proposition is not productized and - thus - for their could be b2b customers... they are commoditized).
This is why you will see much more profitable companies just repurposing and repackaging these chatbots for other purposes. They are delivering a solution and thus get a margin.
Great points. The business model has to be ironed out or the money is going to run out for a lot of these companies. Thanks for watching.
and, competing corporate AIs do not want open source to succeed. RISC-V, Linux... we need open source to save us from corporate tyranny.
I've long been looking for somebody doing well-researched and produced content in AI, but all I ever found was AI hype channels. Well until now! I think the channel will blow up soon, because damn this is so refreshing to watch :D
Thanks a ton! Means a lot. So much more to come so welcome aboard.
There’s another interesting one I saw a few days ago regarding diminishing returns based on an in depth study using captured results and extensive testing over lots of subject material. It shows that the effectiveness of results start to diminish when you aim to get more nuanced, less available information, and requires far, far greater inputs of training data than expected.
Makes me think that the AI music hype that’s going on right now will produce good results but it’s not thinking out the box enough and will sound like every other common thing in existence.
I love the unique art style for this channel. But please for the love of everything, use in-video citations and a bibliography so i can chase up sources for further research.
Interesting idea. Thanks for sharing.
I swear almost every video talking about Ai in a neutral or positive tone got TTS voice over narrations for their videos.
Nope we have a real human narrator.
Yeah, it’s definitely a human. You can actually hear a bit of microphone pop if you listen close enough. Also modern TTS just sounds too perfect. It never has to catch its breath.
...Entire video is giving made by AI vibes, ironic.
Iconic, even
You mean the imagery they use or the writing? I find the writing pretty decent with clear chains of logic and deep understanding, not AI-esque at all
I'm still in the middle of the video but I'm already liking a lot your reporting and the way you present its insights: subscribed!
Thanks for watching!
Absolutely love your aesthetic choices for the channel btw
Much appreciated! Thanks for watching.
Tbh i watched a video not long ago about some artist losing his job to AI 6 days ago as of writing this. I get so many people saying that AI will be used along side people, or it will take years for AI to fully develop. And I realised all these people are saying different opinions because in reality, nobody knows. But knowing that some people have already lost their jobs to AI worries me. Because above all, it's happening now.
Even if 40% of what theyre saying is hype, whatever well get in the next few years will change society forever. I dont even think we need AGI to have massive change.
Great point. The trajectory is staggering. The business model just needs to be ironed out for some of these startups.
Agree
I don’t agree with this vision. AI is yet to prove its effectiveness in any space whatsoever. It alucinantes all the time, it still saying things totally wrong in a super confident way. LLMs are tools of language, not tools of reasoning and intelligence. I can see them being used as accessibility tool to interact with technology and to help summarize and translate in a more effective and fast way but saying that this will change humanity is like saying google translate will change humanity. We are overstating the impact of current LLMs. Next gen AI will take decades so we’ll be stuck with transformers for a long time…
Interesting. Thanks for adding. Funny idea to think we're somewhere between google translate and AGI. Where we are on that spectrum is a fantastic debate.
@@absint0o so lets say we take the self driving model as an example. Theyve been saying full self driving is right down the corner for the past 10 years almost, yet we still havent gotten to level 5 self driving, though 98% of the technology is there. If we get 98% to agi, even 90%, society will change. The economy, relationships, culture, entertainment etc.. all of these things will be massively effected. I dont think we need AGI for mass change.
Amazing video, great production quality. Subbed.
Thanks for watching!
I don’t get some comparison in the comments section to NFTs. With AI there is a goal of making some of the mundane tasks faster. I don’t still understand what the purpose of NFT was? It just seemed like it was a vehicle for the rich to pump money into it and create a hype cycle before withdrawing their money out.
Yeah some people in recognizing the hype around ai are going to the other extreme of saying it has no application- obviously it has real applications and implications that anyone who has used it knows.
@@simonsharp3319 Yeah while NFTs was just made after the art world passed new laws that made it harder to do money laundering, and they just attracted some chumps to pretend was a totally legit thing, so was always a scam and a pyramid scheme.
AI I feel is more dangerous and malicious in creation, in these last few years big techs were catch almost monthly getting a lot of money with fake news and now suddenly have vast interest to make stuff that can generate photos of real people? Yeah not buying this was made with any good intentions, in my country is already being used to by politicians and the elite to their own gain and to help spread a lot of fake news, and a big magazine was catch using AI text to generate health tips and some of these tips would just poison the person.
The comparisson is in the hype, the economic bubble, the fake promises, the scams that are forming and so on. Just because you see a use for companies in AI doesnt mean its not the same "tech hype" like we have seen in the past with cryptos, metaverses, NFTs and now AIs, like they all belong to the same corporate tech word salad.
Great video, hope your channel blows up. Keep up the good work 🙌🏾✨
Thanks for watching! Much appreciated
the self driving technology are a prefect example to illustrate the problem: people say we are at 97% to 99% of a fully and reliable self-driving system, however, to finally get the last 1%, it could cost up to a million, a billion or even more in terms of effort and resources than the previous full 99%.
This is a well know and real phenomena. Just like in modern game development: the last 2-10% of the game is what takes more effort and what actually makes the difference and why many failed and games are shipped in a broken state: it reaches to a point where they come to the conclusion that it's just not worthed.
This is what all these general AI systems are: a 98% product that will never get there. So many years of image generation and they can't still solve the +5 fingers problem.
but they did solve the 5 finger problem....
Bruh what are you talking about? The 5 finger problem was resolved 9 months ago 😂😂
Also we went from horrible AI generated images in 2022 that looked really bad, to perfect images in 2023
AGI-level AIs needs computronium(wet or dry) instead of silicon chips for their CPUs
And AGI-type AIs can also make generative algorithms obsolete
I think the core proposition is the problem: a machine that can do some simple things a human can do, except not as well and way more expensive. You can't underpay a machine like you can with outsourced labor. We've already seen amazon lie about using computer vision in their auto checkout stores.
Corporate is excited because of what it COULD be rather than what it is. And for businesses who make their money on short term growth that is rarely a good bet. The AI research budget is going to get slashed the second they start to fall on hard financial times and realize it has only been losing them money for two years.
Machines can handle higher volume at cheaper price. Ofc there is an over enthusiasm but machines are often more efficient.
I really love the scribble artwork,I really have to try something more like that
Feels more like a movie. You should make more episodes.
Greate video!
Super high quality presentation, analysis and experience
Glad you enjoy. Thanks for watching!
If there's anything i learned from being in the VR space is that if a new overhyped thing doesn't immediately become the biggest thing ever then the industry will instantly call it "dead". Also considering this is right after VR i can't not see that pattern repeating
There is huge opportunity in AI however it needs to be well regulated - which it isn't. It's no crypto, there is certainly value to AI - like assisting doctors with diagnosis, protein folding simulations/drug development, assisting gov bodies detecting tax avoidance, cameras on construction sites helping to avoid injury, warehouse robots, self driving transit (preferably public), etc
But who owns the data? Where does the data come from? Is it fair for megacorps to force users to be used to train AI without compensation? etc
Great points and thanks for adding.
So many things to consider when it comes to the growth and regulation of AI.
You’re thinking waaaay too small
Dude thinks the people that pay off the government officials are going to let them step in and stop the data harvesting and selling they have been doing for decades now. Funny stuff.
Amazing, This is top notch and ridiculously good. Holy crap. you've got a new fan I'll see you next video.
Thank you! Hope we can keep delivering 👍
Bubble hype going vertical, but will continue vertical, like a rocket, for the next decade I believe. Awesome content btw I’m learning completely different info than from the usual TH-cam channels. Subscribed!
Great channel. Production skills are top notch, it’s like the Vox channel but with AI related content. Keep it going 👍🏽
Thank you! Much appreciated.
Excellent content. Love this channels videos on AI.
Thanks for watching! So appreciated
Such a nice surprise this video… some new insider’s info (at least for me), grounded on reality, not too judgmental… pretty good
Thanks for watching!
The moment a tech company shows corporate customers that their AI solution halfs their employee's workload we are in for the golden age. But until now the hurdle was that the companies who willingly make contact with AI are all just service providers themselves and not corporate production companies like e.g. a automobile manufacturer. And since we are still in inflation in large parts of the West the production companies all calculate way too conservative to fund "AI experiments" in their workforce. And add to that the liable - if the stuff the AI generates for the worker, which makes them faster, is actually probably "plagiarized" from what the same AI told another company, we are in a hell of a wave of litigations over partially AI generated products. In short: AI didn't arrive at the conveyor belt yet. And I only really see and experience Amazon fighting to get AI to the conveyor belt.
I can imagine that Suleman, is under Nadella’s thumb, what a deal that must have been. Chess grandmaster indeed.
He’s come out on top in every tricky scenario so far.
Subscribed! Amazing content!
Welcome aboard!
This video was insanely informative and well produced. I couldn’t believe the subscriber count when I check.
Thanks for watching! Buy low, sell high.
The future of AI is iterative.
This
Tiny iterations on the front end for hundreds of billions on the backend
Lol, I see what you did there ;)
i like my iterations in a recursive approach 💅
You said it boi 💪
Modern AI (LLMs) just doesn't have any real economic use cases.
Cheap chatbots aren't really a big market, and since LLMs are really just word predictors and can't work with logical ontological models, doing ANYTHING new (i.e. valuable) isn't something they can reliably do. At best, you can replace very low-risk customer service workers, but they're not really a huge expense for businesses, especially compared with the liabilities of putting easily manipulated and unreliable models as the face of your business.
Everything else is just some fallacious appeal to futurism. Saying that "it'll totally get better soon" forever, whether there's reason to think that or not.
Chatbots are just one kind of transformer for text, the latter of which is one AI architecture among several with more to come. Both lauding and criticizing chatbots come from the same premise of them being the future of AI which is false hype
@@therollerlollerman as soon as I see more resources going into developing other types of transformer networks that actually solve problems effectively, I'll change my tune. Until then, transformers are in the same category of speculative value as LLMs.
To be clear, I don't even necessarily disagree with you, I could absolutely see transformers being useful, it's just hard to see those applications emerging from the noise. This all feels like a NN topology got WAY overblown, and we're overlooking the real applications in favor of pretending we're close to AGI, haha.
@@zacharychristy8928 I don't think this architecture overall is heralding the coming of AGI either, just that it is quite useful, among other useful tools. The speculative part is just how the US economy operates nowadays, more speculation leads to more monopoly control in the future where you can just collect IP rents as a business model, no need for real useful applications
@@therollerlollerman which is kind of a shame, to be honest. It feels like the greatest minds of our generation are all toiling endlessly just to find new ways to sell ads and stake IP claims.
Personally, this is why I prefer to work in tech fields that DO solve real problems. Ive worked in the DoD refubishing nuclear warheads, and Ive worked for a little local company that made and sold embedded controllers for HVAC units. I got high commendations at both jobs, but I learned way more and felt way more accomplished and fulfilled making little computers that controlled humidifiers rather than nukes, lol.
Sometimes I think people think the biggest difference will be made by trying to solve the most financially attractive problems, but ironically that's not even always the best way to make the most money, let alone make any difference at all.
This discussion is timely! Been seeing a lot of chatter about this in the tech community. This is very detailed . . . got to know the full story 👍
Thanks for watching! Will be interesting to see how it all turns out
Subscribed, great content and visuals
Thanks for watching!
can one tell me what is not in a bubble right now? looking across the board the markets.
copper maybe
the dollar is a pyramid scheme so everything is a bubble
@@Alice_Fumo gotta invest in that
I don't know how this will ever stop, the bubble of investment might pop but the sky is the limit for how far this could go.
This seems more like Microsoft and their embrace, extend, extinguish business model.
Everything is now labeled with the word "AI" as if it was something magical that makes everything better... Even phones LMAO, looking at you smasnug 😂 And the ai proceeds to hallucinate even on the most basic question... Wow. What an incredible futuristic technology.
I didn't know how much AI talent are highly valued, I should watch some more news now on.
Slap an AI on your LinkedIn bio and watch the money pour in… right??
@@Synapse.Official good idea 👍
great video! love the art style
Thanks for watching! Glad you enjoy
Nice one!
This exponential growth you spoke of early in the video…does not apply to the “typical” American…it will and always has benefit the elite class that get a seat at the table, not joe average working two jobs to put food on the table.
“AI” are just fancy chat bots, that when given industry specific information could disrupt positions that do a lot of menial tasks, like Human Resources, or Robot Therapists…they’re looking to automate the more social specific roles.
Regardless of the tech backend we may understand, those who make such decisions, only see dollar signs, not the reality of nuance.
There is a scenario where AI exacerbates inequality. Needs to be figured out as these things develop.
Thanks for watching and adding!
I’m in the bubble. There’s no end of this. AI inevitable.
Bubble boy?
Kim Dotcom, is that you? ;-)
then Homelessness is inevitable as well, you better get used to sleeping on concrete
and drinking water from sewer.
because AI will be Automated like an Assembly line,
why would companies use AI, only to let people to operate it?
in the Age of AI, only AI and people with Phd that will survive.
everyone else will become a collateral damage, because they're not smart enough to be able to compete with AI
Ppl calling bubble don't get it.
@@helge666hey
I don't know when the bubble is going to pop, but I feel like people want to be optimistic about it for another half a year.
Consider why these compensation packages are so huge. The goal is to pay people truckloads of cash to have them develop models that will ultimately replace them. So they may be paying someone 10x what they are worth, but once their job is made redundant they will earn 100x not needing them.
The biggest reason why it's difficult to monitize AIs is they're neither cheap and fast enough for a normal consumers nor they're reliable enough to be used at a professional scale, but I still think that learning something with the help of chatbots like chatgpt is by far one of the most efficient option whether it's documentation, or any concept so we may see a boom in education industry when it comes to AI.
How to get intouch with you in regards to potential partnerships?
You need to clarify average income. Per capita gdp is a biased metric when there is high inequality you may need to look at income decides to get a good comparison with prior periods.
I recommend the article 'What kind of bubble is AI?' by Cory Doctorow from december last year
wow great video! Subscribed!
Thanks for watching and welcome aboard
The marketing around AI is so frustrating to me. People want to focus on the exciting, sexy long-term fears of "rogue AI taking over the world," rather than the boring legal and social implications of the technology. This often feels like a cynical marketing move to deflect attention away from the right-now problems of the technology: "Pay no attention to the serious issues with copyright infringement, harmful sexual content and social biases these AIs have. Ignore the severe limitations of the technology, that it's not actually intelligence, just a hyper-advanced pattern duplicator that we don't even fully understand yet. This tech is actually infinitely powerful, and that's super scary because it might SkyNet us, and you need to give me and my company a ton of money so we can save you from the Terminator future."
The tech is extremely impressive, don't get me wrong. I just think it's exciting in a much less sexy way. It has limited use in some bulk work pattern recognition tasks, and it's fun to generate silly images and such. Worse, it has issues that need to be addressed today that seem to be disregarded by the folks at the helm of this stuff.
Great points all through this. Some of the fears around AI are actively present. Thanks for sharing and watching.
Well researched and produced video, this sure was a lot of work. But why the lack of coloring? It feels like a colorblindness simulator.
How funny is when you say someone is “thousand times richer now” - when he basically works his whole life for food, shelter and transportation (one car) - wasn’t the same like 100 years ago?
Comenting to help boost the algo!
Good video
Much appreciated 🫡
Nothing is wrong with AI, it will continue to improve at its own pace. The problem is that the company execs started over-promising regarding their capabilities, for that sweet sweet investor money 🤑.
AI is one of the most powerful tools we have created in the 2000s. It has uses in nearly every industry. However it needs time to mature just like any technology. Just because you can make stone tools doesn't mean you should go and build a pyramid, or more realistically, just becasue you can corrolate petabytes of data doesn't mean you should expect to produce intelligent life.
Very interesting way to put it. Thanks for sharing.
We used to make shit in this country. Now we just put our hand in the next guys pocket - Frank Sobotka
FOMO is such a strong force, it's wild to me.
We got KAN architecture couple days ago. Shit is about to get real
Best news article ever!
I'm starting with a manual solution that solves my customer's problem, then making small but legitimate bets using state of the art AI patterns.
Great vid. Emad is such an interesting character; very charismatic speaker, and if you know his personal history and original motivation for getting into the AI field, it's quite inspiring. I'm really disappointed at the way this all soured to the present situation.
Thanks for watching and adding. His vision was an attractive one. Hopefully he can turn around the narrative and do a lot of good in the space as an innovator, just maybe not as an operator.
Fantastic video
You should do a video Are LLMs the NFTs of 2024?
Thats a pretty insane take
Not even close. They are useful for some limited use cases the issue is those use cases don't generate massive revenue. I use them everyday to save a bit of time with coding but I won't be paying significant money to retain access.
It sounds like bad management for AI companies and eager investors not knowing what they are doing. I'm sure people will lose a lot of money but AI will continue to be a powerhouse of the future despite a few companies dropping out and some investors getting scared, they will return quickly though.
Great video, mate!
Thanks for watching, mate!
great production and content.
Thanks for watching!
Great insight and really in-depth research
Glad you enjoyed. Thanks for watching!
With current big AI being so power hungry and expensive to train and companies beholden to politics the only hope for open weight models is some kind of decentralized funding. As a hint I doubt stability will even release the weights for sd3 unless they can censor it.
This guy should have at least 2 million subscribers
Buy low, sell high! Thanks for watching
I have knowledge in IT , the fact we are building AI off cloud services and old/current architecture is not wise in the long run, if I'm a cloud service provider I'm jacking up my prices forever lol
My main problem with all this AI stuff is that it seems like there is no end goal. So these companies could come out on the other side and make money? how? Are they just going to save money? If they make money somehow doing something would it be more than just doing that thing in the first place? I can understand in medical fields being able to try millions of different tests I guess. Idk I’m not a scientist. But like other businesses, how do they “make more money”? Will people just save time, then that save the business money? Does that amount saved even justify all the money spent?
Taught me a thing or two.❤🎉
Thanks for watching!
The consumers were never on board 😬
Unlike other bubbles they didn’t prey on things we need to live like houses, only our jobs are on the line
This content is so good I subscribed with my 2nd account as well!!🎉🎉
We’ll accept both! Thanks for watching
I noticed something fundamentally different with AI than the internet. When the IT industry shifted from PC to internet, a completely new filed emerged that resulted in many new players like Google, Amazon, Facebook, etc that permanantly chage the status quo of the entire IT field. Nothing such is even remotely seems possible for AI. It's unimaginable that some bright eyed enterpreneur will grow to even challenge, let alone champeon the established palyer. That makes me conclude that grwoth provided by AI is much smaller than that of internet, and is definitely not providing a brand new playing field. The 100 times rich model might probably just happen by inflation.
emad hit piece christ
As much as I agree that there might be a bubble in AI, basing such argument on two failed companies is a massive stretch. Especially that the so-called investors have loads of cash to burn through and two failures do not make much difference.
Fair. The question is, are they a symptom of a larger business model issue for generative AI or mishaps independent of the larger industry.
We don’t have an answer, but that’s what we wanted to explore.
@@Synapse.Official we will see. But now a lot of companies are failing.
16:11 This, this is literal textbook monopoly. No company should be allowed to just poach talent from potential competitors.
One can only hope that it'll pop.
AI as it currently exists is incredibly useful and it's time to flatten out and keep using it in a non-hyped, responsible manner.
That’s a good point. When hype dies down, the real work gets done.
Cash flow and profits are the reality that hits you in the face every time. Hype can be valued (speculation) but it isn't the value of the product or service the company sells.
9:26 also: technology people don't automatically make good managers/business people ?
Anyway, investors need to make sure these companies have proper business plans.
I do think it's to early to pop, investors have limited, but still some patience.
Yeah people are investing into this like crazy. But this technology really is something crazy and revolutionary.
Great vid!