One possibility is that they're counting on another bailout package like the banks and others got in 2008.
The bets are absolutely huge and have been spread throughout the financial system via securitization. If the number does not continue to go up, a lot of people are going to find themselves backing their numbers with money that simply isn't there anymore. Therefore, the number will continue to go up and we (meaning American taxpayers) will back whatever it takes for that to happen.
Now, were the bets stupid to begin with? Of course. Who wants a machine that potentially unemploys major percentages of the population? No one. But the bets were made regardless, and then more bets were made on the hypothetical returns of the first round of bets, and so on and so on.
How are Point 1, "We should not sell powerful chips or chipmaking equipment to China," and Point 2, "We should crack down on industrial-scale distillation operations," addressed by making open-weight models illegal?
Point 1 is about restricting the sale of chips, not models. Point 2 concerns companies using closed models to train their own models through distillation.
The real issue is that open-weight models can run on much less powerful hardware, making the current AI business model, where companies train a powerful model and gatekeep access to it, less relevant. Once open-weight models become good enough, much of the future revenue for today's leading AI labs could disappear. But just as Microsoft still has a market so will the large AI houses have one, but the moat will not be providing AI responses.
The blog has it's own comment section under the article that's completely blank and yet clearly there is a lot of interest with 197 comments. Having an empty comment sections sends the wrong signal.
taste and judgment, which you can only obtain by having a strong CS base and coding manually for years.
I disagree, the definers of taste; art and food critics, movie and book reviewers, don’t need to have learned the craft by doing. Taste is a separate skill.
No one seriously expects a food critic to be able to cook a Michelin-starred meal. The job of that kind of critic is to be insightful and entertaining, and it's very different to the taste required to create top quality food, which is a combination of solid technical skill and creative flair.
Taste in coding is a combination of insight, experience, native talent, technical skill, and flair. Tasteful coding produces clever but straightforward minimal elegant solutions that an average developer can't imagine but can adapt and maintain.
If critics were forced to be actually skilled at the craft of creation, the world would be infinitely better off. Both the cello and the player are better off by the cello maker also finally being the cello player. Alienation was a mistake and this part Marx of all people understood well.
This is why "critical thinking" is a meme. Being a critic takes no skill. I want far fewer critics and far more constructive thinking. GenAI being the ultimate constructor is a bonus.
I'd say taste is a consequence of lifestyle, which is learned by doing. And art critics often have bad lifestyle, which is visible in their bad taste. When art is virtual life, it would define a lifestyle, which is adopted by doing, in its turn producing taste.
The exams need to change. Now that we have LLMs the value a human can bring to a task has changed and it’s that new value that has to be tested.
It’s like testing your drawing ability in a photography class. The difference is that now nearly have subject and testing method we have has become obsolete. Drawings courses still exist as will traditional courses, but the main stream has changed and exams and schools need to adapt.
Oh, it's a mostly nonsense (IMO) document that a design contractor did for a new Pepsi logo. I don't really know much about it but it gets posted on HN frequently when someone makes fun of designers. I dunno if it leaked or what, but here's a reddit thread about it: https://www.reddit.com/r/Design/comments/hspqgd/pepsi_logo_r... . I'd bet the GP post of this had their opinion formed at least in part by this document.
No equivalent as far as I know but would love to see one. The function it served has been scattered across Youtube, X, Substack, Hacker News, etc. but scale makes it hard to curate exclusively for such a specific audience with such a specific aesthetic.
Kevin Kelly is still writing through The Technium [0], which might scratch some of the itch but is more an island than a colony like Whole Earth was.
I mailed off for so much weird stuff from WEC ... stuff I'd never known about before ... from all over the hemisphere. Unusual teas and bakeries, kinnikinnick, oddish books, even some chair-caning materials (used on one VERY old chair). Sometimes forgotten about because of "Please allow 3 to 6 weeks for delivery."
Well, I had short hair during the 60s and 70s. I have had a ponytail since I hit double nickels (if you don't understand that phrase, get off my lawn). So yeah, hippy!
