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| | fintechdystopia.com
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| | [AI summary] The text discusses the challenges and criticisms surrounding the adoption and impact of generative AI (GenAI). It highlights issues such as the high energy and water consumption of GenAI, the lack of profitability for companies despite significant investments, and the environmental costs. The text also critiques the notion that AI is a panacea for societal problems, pointing out the inefficiencies and potential for misuse. Additionally, it touches on the desperation within the tech industry to promote AI adoption, including government and corporate efforts to make GenAI indispensable.
| | gwern.net
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| | A classic pattern in technology economics, identified by Joel Spolsky, is layers of the stack attempting to become monopolies while turning other layers into perfectly-competitive markets which are commoditized, in order to harvest most of the consumer surplus; discussion and examples.
| | thezvi.wordpress.com
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| | The big capabilities news this week is a new ChatGPT mode (that I do not have access to yet) called Code Interpreter. It lets you upload giant data files, analyzes them automatically, can even write papers about its findings, many are impressed. The big discourse news is that Geoff Hinton, the Godfather of AI, quit
| | stratechery.com
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| An interview with Kevin Systrom and Mike Krieger about Artifact, their new app that is widely available today. Plus, what they learned from Instagram, revisiting the Facebook acquisition, and the f