> "We're excited that in the next couple months we will be able to share our first product, which will include a significant open source component and be useful for researchers and startups developing custom model," CEO Murati said in a post, opens new tab on the X social media platform.
This actually sounds like they might be making something that is generally useful to other companies training foundational models. What that is - I have no idea. But they may be onto something here.
Sort of like the old adage about the Goldrush - why pan for gold when you can just sell tons of shovels to all the others rushing to get rich?
Could somebody explain why there is so much negativity towards Thinking Machines in this thread? I realize that they haven't publicly announced a product yet but presumably the VCs have some idea of what Thinking Machines is building, and they have some pretty significant OpenAI talent on board, including Murati herself. Some amount of skepticism is warranted, of course, but a lot of these comments read as closer to hostility.
Because connections and social signalling matter more than ideas among the rich of the world. Only some people can get such disproportionate advantages.
I think it takes a lot of temerity and hubris to look at a 2B raise and assume it's all hype. A16Z has certainly had some misses, but one assumes there actually is some product they're showing behind closed doors that makes this round much more reasonable than it appears from the outside.
If something makes no sense, seems totally crazy, and is being done by a crowd of extremely smart people, you can only assume one of two things: they are actually crazy and frittering away 2B on hype or, just maybe, there's something we're not aware of. If there are only two camps: optimistic and naive or pessimistic and dismissive, I'll choose naive every day of the week.
Anyways, congrats to Thinking Machines and here's hoping they do have something awesome up their sleeve!
Isn’t this the perspective that leads to all bubbles?
What kind of temerity and hubris would it take to believe that the ratings agencies were colluding with the banks to give AAA to Mortgage Backer Securities?
VCs are betting they'll get out with at least some gains before this bubble bursts. They have literally nothing new, not even in theory. They'll build a smaller-but-not-that-small-still-better-than-you-expect model which will be kind of open for others, which means they'll cut some deal and pretend they did something and that they received something in return.
At this point, arms-crossed mugshot of "{ex-Open AI} raises $2B" is a meme. Training one epoch of a model the size of the GPT-4 family is easily an 8 figure job. Considering other ops costs, UI and backend dev, securing Everest sized datasets, demos/talks, wages, bonuses etc, this probably gives them around 100 trial and errors, or in other words "Look at me mum, I won 100 chips for the casino!"
And imagine being the ops guy there, about to run a new training batch, but you specified the wrong input path. Puff, the money is gone. Absolutely wild stuff.
You can buy six B-2 bombers for that money. And use them against competitor AI startups. You think this sounds stupid? This is where all this AI arms race is going.
This company calls for a Butlerian Jihad. I mean, in all seriousness: calling themselves like the original evil in Dune with at least a likelihood that a evil general intelligence is showing up soon is very disturbing.
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[ 2.2 ms ] story [ 68.7 ms ] threadWe need to jack up interest rates again.
Sort of like the old adage about the Goldrush - why pan for gold when you can just sell tons of shovels to all the others rushing to get rich?
If something makes no sense, seems totally crazy, and is being done by a crowd of extremely smart people, you can only assume one of two things: they are actually crazy and frittering away 2B on hype or, just maybe, there's something we're not aware of. If there are only two camps: optimistic and naive or pessimistic and dismissive, I'll choose naive every day of the week.
Anyways, congrats to Thinking Machines and here's hoping they do have something awesome up their sleeve!
What kind of temerity and hubris would it take to believe that the ratings agencies were colluding with the banks to give AAA to Mortgage Backer Securities?
https://www.reuters.com/business/finance/andreessen-horowitz...
Moreover, if some banks will fail in the aftermath, they'll be bailed out at the expense of you know whom.
And imagine being the ops guy there, about to run a new training batch, but you specified the wrong input path. Puff, the money is gone. Absolutely wild stuff.
Maybe they can make a T-800 to ensure when AI/skynet goes rogue humanity has a chance.
It’s the ultimate AI safety.
“I’ll be back”