6,954 karma · joined December 27, 2018
That said, we are REALLY far off from having a useful quantum computer. Jensen was probably being conservative when he said 20-30 years away, hence the immediate pressure he received form the investor community to reverse his statement followed by the flood of ridiculous press releases from the usual companies claiming to be 2-3 years away.
I have a Concept2 rower with the old PM3 monitor which is no longer supported by their ErgData app and the only way to connect my phone to my rower is by sideloading the ancient version of the app that supports it. So that's going to break now?
>“When bubbles happen, smart people get overexcited about a kernel of truth...Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes."
How is Sam Altman admitting an AI bubble not front page news everywhere?
This isn't a "buyout" and it certainly isn't "making them whole" which is what they said they'd do a couple of weeks ago. This is just a layoff with a severance payment.
As I said when the initial story broke, this is setting a terrible precedent for the startup world. Why on earth would anyone join a startup and accept low cash comp in exchange for equity if the default terminal event will be an acqui-hire of the founders with all other employees being shown the door rather than an IPO or acquisition?
But yes, together, the Big 3 are the single largest shareholder in 88% of SP500 companies.
https://www.cambridge.org/core/journals/business-and-politic...
https://www.youtube.com/watch?v=9SOUJP5dFEg
You push the button, then 15 seconds later the liquid helium is vented through a pipe on the roof of the hospital (it's quite a spectacular display), and then the superconductor starts to heat up and no longer be a superconductor so the current that's been flowing through the coils (they are energized once, when the machine is first installed, and then continue flowing forever so long as the superconductor is superconducting since there's no resistance) and the magnetic field decays to nothing.
It's not an instantaneous process.
AI is certainly in a bubble right now, as with dotcoms in 1999. But AI is also delivering a lot of value right now and advancing at an incredible pace. It will become ubiquitous and at a faster pace than the Internet ultimately did.
Meanwhile, Bitcoin has been around for 17 years and there still are no non-criminal use cases apart from buying it and hoping it will be worth more in the future.
https://www.cnbc.com/2025/07/14/anthropic-google-openai-xai-...
Google, OpenAI,and xAI also get $200M each.
- Working directly with the DOD to identify where frontier AI can deliver the most impact, then developing working prototypes fine-tuned on DOD data
- Collaborating with defense experts to anticipate and mitigate potential adversarial uses of AI, drawing on our advanced risk forecasting capabilities
- Exchanging technical insights, performance data, and operational feedback to accelerate responsible AI adoption across the defense enterprise
>
What exactly is the government getting for $200M? From the above, it sounds like it will be a management consulting style Powerpoint deliverable containing a list of use cases, some best practices and insights, and a plan for doing...something.