326 karma · joined July 8, 2021
And if safeguards cannot be put into place by design into your tool, then that is malicious design
Are they convinced that a more muscular re-investment in their businesses won't provide returns greater than interest?
Is there a tax advantage here that pushes companies to hoard?
Is the C-suite set really worried about the greater economic environment going forward and so want these cash piles as a buffer to get through coming lean times?
2. This is outdated, life is NOT better now than at any other time. Life expectancy is going down in the US, there is vastly more economic inequality now than there was in the 60s, people broadly report much worse job satisfaction than they did in previous generations. The only metric you can really point to about now being better than the 90s is absolute poverty going down. Which is great, but those advancements are actually quite shallow on a per-person basis and are matched by declines in relative wealth for the middle 80% of people.
3. ??? What kind of AI are you talking about? LLMs have only been interesting to the public for about a year now
This is just handwaving away an incredibly difficult problem that is going to be a massive choke point for batteries. Yes there is lots of ongoing research in the material science of batteries to route around the lithium bottleneck, but there is a large lead time from finding success in research to generating end products at scale. 5-15 years of being blocked here will be extremely painful/crucial.
He also purely focuses on the economics of getting solar based energy to market, eg the cost for consumers per kwh of electricity and the cost of batteries for things like EVs. But what about the added weight of these batteries? The damage done to roadways is exponentially related to the weight of the vehicles on the road, so making all cars 2x heavier means way more than 2x the road maintenance, which leads to increases in concrete and steel production. Both of which have environmental/carbon impacts of their own, and steel production especially uses an INTENSE amount of energy. And you also have the rocket problem where the bigger the battery you have to increase your range, the more of your range is being wasted by the energy required to lug the battery around.
Any serious work here has to at least look at the benefits of increased train, tram, and trolley bus networks with overhead electrification as that gives all the benefits of electrified transportation but without the downsides of batteries.
https://allthatsinteresting.com/voting-literacy-test this shows the kind of bullshit tests that would be created if Ramaswamy gets his way
Adobe still claims that their Firefly product is only trained on publicly licensed stock photo data and yet it has been repeatedly found outputting watermarks from artists that are not supposed to be in that training data.
I'm sorry but the financial analyst using chatGPT to write their excel formulas for them, and explicitly calling out that it is generating a formula that the analyst can't figure out on their own ("tricky") is an incredibly alarming thing to call out as a use case for chatGPT. I can't think of a lower reward, higher risk task to throw chatGPT at than financial analysis / reporting. Subtle differences in how things are reported in the financial world can really matter
Which is a shame because an actual audit of the live training data of these systems could be possible, albeit imperfect. Setup an independent third party audit firm that gets daily access to a randomly chosen slice of the training data and check its source. Something along those lines would give some actual teeth to these statements about data privacy or data segmentation.
You can scream that this is progress all you want, and I'll grant you that these tools will greatly speed up the generation of code. But more code won't make any of these businesses provide better services to people, lower their prices, or pay workers more. They are just a means to keep money from flowing out of the hands of the C-Suite and investor classes.
If software engineering becomes a solved problem then fine, we probably shouldn't continue to get paid huge salaries to write it anymore, but please stop acting like this is a better future for any of us normal folks.