4,309 karma · joined June 5, 2016
Assume a truly competitive model in the Open Source world is still a ways off. These teams and their infrastructure are still in their early days while OpenAI is more at the fine-tuning and polishing stage. The fact that these open teams are able to have something in the same universe in terms of functionality this fast is pretty amazing... but it will take time before there's an artifact that will be a strong competitor.
Aside from being the new hotness, what exactly about AI makes sense for Mozilla/Firefox to jump into and have anything to offer? The one obvious thing they could do would be to integrate AI capabilities into the browser for the users benefit (i.e. the most valuable thing they could do to contribute to 'trustworthy AI'. Note that this would not require a new foundation/company... just integrating the capability into the product they already have) But of course Mozilla most likely won't do this... they're going to keep taking moonshots they can't afford. I can't say I'll miss them when they're gone.
From the outside this looks like a classic case of giving someone a window seat and sending the message, if not outright telling them: 'figure out your next career move'. He botched Arc badly (both in execution and messaging) and was briefly promoted then demoted. Had he tried to stick around, he most likely would have been let go and soon.
Why should I be happy that the rest of us are now being volunteered to pay for insurance coverage for the group most able to understand the risk they were taking and pay for it themselves? If that weren't bad enough, this new coverage only applies for some banks. This is exactly the socialization of losses that so infuriates the general public. Not only are we paying for it, albeit indirectly, but most of us aren't even eligible for it ourselves.
This is yet another move in the exact wrong direction.
[1] i.e. the majority of individuals and small businesses who tend to be less sophisticated. As a result this quite easily understood system was put into place. I also don't buy any argument that something average Americans understand is just too complex or arcane for a group of largely 'qualified investors' and VCs.
[1] Beyond the group primarily benefiting are exactly the group who should well understand something as basic as FDIC coverage limits and supplemental insurance.
[2] While it is technically true that the taxpayers will not be directly footing the bill, they neglect to mention that as soon as said taxpayers put on their consumer hats, they will in fact be paying for this in the form of increased fees/decreased interest rates on deposits/increased borrowing interest rates, no matter how slight.
[1] They decided the OS wasn't that important... sure, let Microsoft own that. The CPU architecture wasn't that important... sure, let Intel own that. Just glue a bunch of off-the-shelf logic together for the rest. After all, the real value is in the IBM logo on the box. What could possibly go wrong?
[2] Sure, they were calling the shots for the 8086 and (mostly) 80286 generations. They tried to rectify their mistake over half a decade later with the PS/2 (i.e. proprietary everything) but by then it was too late. Compaq and the clone makers owned the market from the 80386 on.
[3] Out of the frying pan and into the fire?
[1] Another example was HP not wanting Woz working on their PC... I guess the 'professionals' had everything under control?