Hatchback7599
Joined 1 year ago
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27
Submissions
15
Member since
Jan 29
Recent submissions
Comment · 1 year ago
Comment · 1 year ago
>All 3 of them are unaccountable to anyone.
In what way are they unaccountable to anyone?
Their wealth is tied up in stock whose value is tied to the perception, aka the accountability, of the general public. Not being able to personally destroy someone's wealth because you don't like what they're doing is different from being unaccountable. If tomorrow Zuck released an AI model or FB feature that was deeply unpopular, his ventures and personal wealth would dwindle according to the market's reaction. That's accountability. I'm not even a fan of Zuck... he's a slimy weasel who changes his tune to whoever is in power. But public perception directly affects his decision making.
Comment · 1 year ago
Investing in treasury bonds is a bet on your country's long term economic health. This is a startup, explicitly preying on people's fears in poor countries to transfer their wealth into cryptocurrency.
Apples and oranges.
Comment · 1 year ago
They should ask why it's happening so regularly that startups are springing up to insure against it.
Comment · 1 year ago
Reminds me of the Bill Gates quote when Steve Jobs accused him of stealing the ideas of Windows from Mac:
Well, Steve... I think it’s more like we both had this rich neighbor named Xerox and I broke into his house to steal the TV set and found out that you had already stolen it.
Xerox could be seen as Google, whose researchers produced the landmark Attention Is All You Need paper, and the general public, who provided all of the training data to make these models possible.
Comment · 1 year ago
You know what else injects money back into the economy? Letting tax payers keep more of their tax dollars.
In my opinion, GenAI has revealed that the art isn't primarily in the creation, but in the selection. It used to take incredible talent to create something worth selecting (writing, painting, sculpture, etc), so creation and selection were often so close to be seen as indistinguishable. A technically skilled artist was likely to create something great, because they were likely making high quality selective decisions all along the creation process. So the end result of a gifted writer was probably a high quality work.
But now the creation of technically skilled works has become detached from the selection process. Now we're flooded with technically skilled work, but no selection. But the selection process is still critical to make something compelling and innovative. The artist needs to evolve to inject themselves into selective decisions of GenAI, both in the process and in selecting the final result.
1. https://youtu.be/ggRcDQZWD_8?t=1253