[quantified]

With luck, they'll vaporize billions of dollars on nothing of consequence.

If they come up with anything of consequence, we'll have an incredibly higher level of Facebook monitoring of our lives in all scopes. Also such a level of AI crap (info/disinfo in politics, crime, arts, etc.) that ironically in-person exchanges will be valued more highly than today. When everything you see on pixels is suspect, only the tangible can be trusted.

[smeeger]

do you remember the chorus of people on HN two years ago who said that the next AI winter was already upon us?

[paxys]

Were they wrong? It's pretty undeniable that every model release since GPT-4 has been less impactful than the last.

[smeeger]

im pretty sure that when the top companies are poaching leaders in AI for some of the largest payouts in history… we are not in an AI winter. so they were completely wrong. im guessing you are one of them.

[paxys]

Zuck has spent more on Metaverse than AI. A multi-trillion dollar company throwing a few billion at a problem means nothing. Show me the results, not the hype.

[smeeger]

which metaverse poach was paid as much as these poaches?

[lispisok]

Bubbles are always the craziest right before they pop

[quantified]

Dot-com bubble: popped, and if you don't have a .com presence you have a .net, .org, or similar Blockchain bubble: popped? Looking good, always profitable to bet on crime and stupidity. Real estate bubble? Popped, but what do think about the asset price of housing now?

Moore's Law wasn't a law, it was a reflection of investment which reach dizzying heights in its heyday. I think there's a ton of over-hype now but some stuff will come out of it.

[smeeger]

its been craziest for multiple long years now