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by dmix 102 days ago
I'm pretty bullish on AI but Oracle's massive investments confuse me the most.
1 comments

LLM are not real "AI", but are good at some types of problems like context search, and isomorphic plagiarism.

Regulatory capture to manufacture a monopolistic position is what many are planning. As gambling with other peoples money still has few fiscal consequences (see 2008), but will hurt Americans when the bubble implodes.

Note more cheap energy for home users typically means higher standards of living, and the Westinghouse electric economic cycle from the 1950s is now broken. Data centers are consuming the community infrastructure equity, and it will cost voters sooner or later.

Individuals can't stop trends, but one may profit from the predictable nature of both the unscrupulous and hapless. "Bulls make money, bears make money, pigs get slaughtered" as they say on wall-street. =3

"Memoirs of extraordinary popular delusions and the madness of crowds" (Charles Mackay, 1852)

https://www.gutenberg.org/files/24518/24518-h/24518-h.htm

"A Day in the Life of an Ensh*ttificator "

https://www.youtube.com/watch?v=T4Upf_B9RLQ

Oracle is building giant datacenters/cloud stuff for AI, not their own LLMs
The circular financing is not complicated with OpenAI, Nvidia, and Oracle. =3