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Comment Re:Heavy Lifting (Score 3, Interesting) 66

Investors are chasing a company that achieves some kind of AI singularity. Let's set aside the fact that there's no reason to believe there is anything but diminishing marginal returns by making marginal refinements to current frontier models. Let's imagine someone hits the jackpot and gets, not even AGI, but a system that's as far ahead of today's frontier model are ahead of 2020's GPT 2.0 in performance.

Globally AI revenues are 150 billion, against a cumulative burn rate of 450 billion. A model that is a generation ahead of others would almost certainly capture the lion's share of that revenue.

If AGI magically appears as a Sam Altman has promised investors it will, a hundred million is way too low. Add, maybe, another zero to the revenues.

Conservatively, a safer assumption is that frontier models will get marginally better based on refinements in training and reinforcement and the other bits and bobs that go into these systems. The nobody is winning the lion's share of anything, at least overnight. But you have to define "safe". By "safe" I mean unlikely to lose money. But some investors are clearly defining "safe" as "having the greatest chance of owning a piece of the biggest thing ever."

I'm not following this super-closely, but if Anthropic is pursuing adding multi-step model based reasoning to their system, that could be the basis of a generational leap in capability. But if that is an approach that looks like it has a chance of working, then their competitors are no doubt pursuing the same thing. In that case you'd expect the revenue pie to grow as the scope of model utilty increases, but that growth to be split among several competitors. This could credibly result in a revenue stream for some of them that is as big as the entire industry's revenue stream today. But there's going to be hell to pay on the data center impacts end of things.

Comment Re:Massively stupid (Score 2) 133

Firmware in most consumer routers is based on Linux, with the router vendor adding some UI and chip-vendor drivers to the open source baseline. Not written from scratch. And thus just as good or bad as routers whose hardware was assembled elsewhere.
China can't manufacture the high end chips yet, but they do have their own supply chain for midrange SOCs and memory. Gigadevices cloned some European SOCs. They work. Chinese contract manufacturers build to the quality level the customer pays for. You want cheap junk, they're happy. You want good, they can. And their native design capabilities are catching up. The US, in contrast, is now mainly an exporter of raw materials -- wood, scrap metal, animal feed. Plus weapons to allies and airplanes, though Boeing's reputation ain't what it used to be.

Comment Re:Let Customers Control Their Encryption Keys (Score 1) 28

Or they'd make private cloud devices and not be in the position of handling the data or the encryption. Maybe they could offer an offsite backup service of encrypted data, but it would be just that: encrypted files that only the user has access to.

I still don't understand why we are relying on datacenters and services for storage, it just invites government overreach.

Comment Re:And Nothing of Value was Included... (Score 1) 47

I got Google Play Music for my family back when that was a thing. It was the same price as Spotify, had the same catalog, and included any music on Youtube as well. The fact that it included ad free Youtube was just a bonus. These days that has morphed into Youtube Premium, and I still pay for it. I am mostly there for the music, but the ad free Youtube is not terrible.

The interesting thing is that it is pretty clear that most people just watch the ads. Youtube had $60 billion in yearly revenue last year. More than Disney, NBCUniversal, Paramount, and Warner Brothers combined. Roughly $20 billion of that is credited to Youtube Premium which is bigger than any of its Hollywood competitors.

There's a reason that Peacock is being included with Youtube Premium and not the other way around. Youtube is worth something. Peacock, not so much.

Comment Re:Predictable. (Score 1) 47

Things have changed dramatically since the heyday when everyone had a cable subscription. I used to work for SlingTV (and then Dish), and I had a front row seat as the whole industry imploded. Every year the television networks and movie studios would sit down and renegotiate their contracts. Despite the fact that viewership was always down at least 10% year over year they always wanted price increases. If the cable providers pushed back (as Dish often did) they would lose access to channels, invariably during football season when it mattered most.

You see, as technology started allowing people to purchase their entertainment piecemeal it soon became clear what parts they were willing to pay for, and which parts they weren't willing to pay for. Hollywood thought that people paid for cable subscriptions to watch their scripted television. It turns out that, for most people anyway, the part of television that they were willing to pay for was live sports.

That's why Disney won't sell you ESPN unless you bundle it with everything else that they sell, and that's also why Disney is suing SlingTV for reselling access on a daily basis. SlingTV's "sports pass" allows you to pay for just the games that you want at a ridiculous price. Disney should be stoked, but instead it has sued because it wants to force sports fans to continue to pay for their other channels.

Almost no one is watching traditional scripted television these days. The few hits that the networks do have tends to be reality TV stuff like "Dancing with the Stars," where the audience can watch people compete in real time. Youtube (not YoutubeTV) has at least half again as many viewers as their next highest competitor (Netflix), at any time during the day, on traditional 10 foot devices (your living room TV). That's not counting people watching Youtube on their phones or their computers. Youtube is killing scripted content on living room televisions, during prime time. During the day its an order of magnitude worse.

Take a look at nielsen.com and take a look for yourself. It's absolutely grim. Look at the shows that are doing relatively well, they are all either sports or sports commentary. That's literally the only reason that anyone watches anything besides YouTube and Netflix.

Apple spent over $20 billion building up a content catalog. At their height they were spending nearly $5 billion a year making shows. They made some great shows and got rave reviews. Amazon spends $1 billion a year for the rights to Thursday night football. That is arguably the worst football game of the week. However, Prime generally gets as many viewers for a single game as Apple has total subscribers, including all of the free subscriptions that Apple gives away. It's not just Apple that is shifting away from scripted television either. Take a look at any of the streaming sites (including Netflix) and you will see that all of their recent moves have been to try and compete for the sports market. That's definitely what YouTube is doing by bundling Peacock.

Hollywood is currently circling the drain. Everyone is up for sale right now. No one is watching scripted television. They certainly aren't paying for it.

Comment Ford, too. (Score 2) 160

I bought a Ford F-150 XLT (the full-hybrid pickup) and was very disappointed to find that several of the features (Including Blue Cruise and navigation) were subscription-based with an initial free period of a year or so.

Other than that the vehicle is fantastic - but was very pricey when I bought it, so having to pay over and over for the features was a very annoying surprise. (They quit working rather than quit updating when the subscriptions run out.)

Comment Maybe not to individual people, but ... (Score 2) 14

... a bunch of cancer progression theories based on cell culture progression had to be thrown out when it was discovered that the cultures were being contaminated by a particularly robust and aggressive cancer cell culture, HeLa, which had contaminated lab equipment like environmental chambers or survived equipment sterilization and eventually took over culture lines in labs.

Comment Re: ...all of us...will have to prove our age... (Score 2) 144

My name is on my credit card. Apple knows. That's a problem.
The German system involves your taxpayer ID. The German government knows. That's a problem.

I am still a proponent of buying a (very cheap) card from the grocery store where they record only your birthday in exchange for a QR code that is good for 6 months of activation. It's good enough for buying liquor and cigarrettes. You can pay in cash. No tracking. I'd accept that.

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