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.

Prosecuting arsonists doesn't unwind time, bro.

Well, it falls to a jurisdiction in which there is a high chance of selective regulatory oversight/enforcement, given the conflict of interest with Trump's family vested interest in prediction markets.

"I immediately notice an issue."

Wow they must really regret not working with a person as smart as you. (Honestly, slashdot is chock full of wannabes these days)

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.)

... 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.

"Hell yeah, a credit card!" - people I don't get

These platforms are starting to let people bet on wildfire activity. What a fun way of incentivizing arsonists.

Well, yes. For many years, presidential candidates, both Democratic and Republican, referred to the United States as "the indispensible nation". And my reaction was always, "Doesn't that mean the US is a single point of failure for civilization?"

We are currently performing an experiment which addresses this question: can the US enjoy the benefits of soft power without the cost? That's the whole point of obeying *norms*. No individual force is going to punish you if you are treacherous, mercurial, foul-mouthed, disrespectful and generally unpredictable. Everyone will punish you.

I think an inevitable cost of this experiment will be that the world will decide that the US can't be a single point of failure for global democracy any longer. In many ways, that's something that will be good for us. But it's also going to cost us in painful ways. When the world decides to move away from the dollar as the international reserve currency, you will see both inflation and higher interest rates on everything from credit cards to mortgages, to business loans that will offset the export advantages. We will need *more* business investment to shift the economy to producing low value goods again, so the transition will be rocky.

You're conflating your emotions with facts, in a field you very likely know very little about.

Always anonymous, always cowards.

It's a trade off: you get abundant free energy to run the server, with extreme constraints on cooling because your server is running in the most perfect Thermos bottle ever.

Others are taking the opposite tack: undersea data centers for abundant free cooling at the expense of having to get the power down to your servers.

If had to bet on which one is more practial, I'd go with undersea servers. Build them off the coast of Chile, run cables out from batery-backed solar plants in the Atacama desert.

Insane Clown Posse, is that you?

Once they realized you'd pay the hire price, if the fees are gone, the businesses are just going to go 'yummy more money for me'.

This is dumb shit. Many stores around me explicitly charge you the difference if you pay by credit card to cover the service fee.

I have never had my debit card compromised. Ever. The fact that it's a direct line is what makes it not usable to buy things online, etc (generally). But it's very nice to use in person - I like that when I spend money, I'm actually spending it and not creating debt. (Don't get me wrong, I always pay off my credit card bills every month, which are not trivial sums .. but I'm only using them because they're the only things you can use online.)

Credit cards, on the other hand - we all pay for the insurance. It's not really the banks problem, its a problem that you have protection for because you pay for it.