Never understood the saying socialise the losses and privatize the profits.
Do you think this saying applies here ?
How does the average American with limited funds to invest in AI in any meaningful way benefit from increased costs such as electricity, water, and all the others ?
How does someone benefit by paying MORE for all of the parts of life while recieving NOTHING in return ?
We already lost. The Chinese are willing to spend unlimited amounts of funds and effort to extract all the weights, and then turn around and publish those for free. Thus, crippling the frontier model makers.
There is no moat there, and they can front-run the Chinese for only so much longer. That’s why Anthropic and OpenAI are so desperate to IPO, so that they can reclaim some money for their golden parachutes, while they leave the rest of the world holding the bag when the bubble bursts.
The real question to ask is what do we do with what we will have left, once the bubble does burst? How will the world economy handle that big of a crash?
Never understood the saying socialise the losses and privatize the profits.
Do you think this saying applies here ?
How does the average American with limited funds to invest in AI in any meaningful way benefit from increased costs such as electricity, water, and all the others ?
How does someone benefit by paying MORE for all of the parts of life while recieving NOTHING in return ?
We already lost. The Chinese are willing to spend unlimited amounts of funds and effort to extract all the weights, and then turn around and publish those for free. Thus, crippling the frontier model makers.
There is no moat there, and they can front-run the Chinese for only so much longer. That’s why Anthropic and OpenAI are so desperate to IPO, so that they can reclaim some money for their golden parachutes, while they leave the rest of the world holding the bag when the bubble bursts.
The real question to ask is what do we do with what we will have left, once the bubble does burst? How will the world economy handle that big of a crash?
What if we look for ideas on how to not make it a race? Those are the ideas that most interest me
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