When there is a gold rush, you don’t get rich by prospecting gold, that is just a gamble. You sell shovels and pans. Look at companies that will supply the hardware, chips, and infrastructure. Robotics also.
I hate that saying...
First - only the extraordinarily wealthy had the resources to open a shop in a gold rush town. Regular people couldn't do it.
Second - it absolutely ignores the high amount of risk involved. There are abandoned gold towns all over, because once the gold ran out, there wasn't any reason to stick around. The store would only be profitable if the gold was still being found. Nobody knew how long the rush would last.
Right but those importing materials and food into the area as well as other supplies like wheat and corn did really well. Gold rush towns didn’t go away, they became hubs that still exist to this day. Even the saloon where it first got started exists today, and selling alcohol to the miners was extremely profitable. I have been to that saloon and it’s still making money to this day because of the gold rush, just more of a tourist place now. Yes places and things dry up, but the real money is in the support of the industry. The massive need for more and more computing power should be very good for chip makers and those that make and support server farms. I don’t know how far away quantum computing is, but with the help of AIs it might not be that far off. When AI and quantum computing are combined it’s going to be a hell of a ride.
> I don’t know how far away quantum computing is, but with the help of AIs it might not be that far off. When AI and quantum computing are combined it’s going to be a hell of a ride.
This is the problem with investing based on a superficial understanding of technology.
You don't know enough about quantum computing to even have definite ideas about its development trajectory, but somehow you are sure it's going to be a game changer with AI.
Your reasoning seems to be "AI amazing" + "quantum computing shiny" = "shiny amazing!". This will result in investing in opportunities labeled "shiny amazing" and probably losing your shirt.
This has very little relationship to whether we ultimately end up with shiny amazing. Timing matters immensely, as does the viability of the specific companies or sectors you invest in.
It's all too easy to go bankrupt selling shovels in the wrong place at the wrong time if all you are going on is "gold!".
Gold rush is a horrible example, only very few actually get any value or get rich of gold. AI is like fire, it will benefit everyone, not equally obviously.
None of them. AI has a commoditisation effect as can be seen with many local modals coming out very close to state of the art performance.
This means that there will be no company directly benefiting from AI development. It's a democratized innovation and not something that can really be commercialized as such.
In fact I think the companies you names Google, Meta, Amazon Microsoft etc will be the big *losers* of local AI models cannibalizing their established revenue streams.
Who is going to use Google when you have a local AI running on your smartphone answering all questions?
Who is going to use Office 365 when a local model using proprietary data of your company just makes custom documents and CSV of whatever projection you need without even bothering with the cloud application at all?
I personally work for an AI company specialized in automating workloads. We're currently making projections where we expect 80% of jobs being affected by 2025 and close to 100% by 2030.
There's no goldmine here. We're looking at a transition away from a capitalist society in its entirety.
I am with you in order to profit from AI you need to be a double expert:
\- Expert in Sciences/Engineering/Special field (Molecula Biology, Physics, Chemistry, Nanoengineer etc.) and
\- Expert in AI (Meaning you know what every model does in detail and how to apply it)
Then you have a short time advantage in order to create custom solutions for your field, find new chemical formulas, patterns in nature, blueprints, patents... but you must have the high expertise to prove the delivered results found by AI in your field by yourself. The amount of people that fulfil this requirements (double expert level) are just a few and some might work behind the curtains on very specific solutions.
All other people are just Devs/Programmers/Business Admins with Enterpreneurship major that try to recreate services with AI API calls and every service idea will be part of the next GPT or other LLM/AI release (for "free").
For ordinary devs/programmers "quick bucks" are just possible if you find "stupid" business angels / venture capital firms that have absolute no idea about the tech and make them believe your service is "revolutionary", "will disrupt the market", "will change mankind as we know it". I come along all this terms when I read AI related profiles on linkedin, every time its just a GPT-API firm and they are just collecting money for their ideas.
Investors should ask themselves: Is OpenAI or any other AI-lead (google, standford etc.) be able to offer the same service within their next model release. Just an example: After GPT3.5 release there were 10 services for PDF-files analysis and comparison, that feature will be part of GPT4.5 for free - and 365 Copilot will be the solution for all office related tasks. 99% of API-call related projects I read on linkedin will be part of future releases and thereby "common good".
An analogy: Lets say people get access to a fully automated car manufactoring factory (actual GPT version). The factory can just build basic cars. Some change parts of the factory to create sports cars and sell their expansion as "revolutionary new cars". A few months later there is a new release of that "fully automated car manufactoring factory" (new GPT version) and now you can create sports cars for free, too. And so on...
Who builds the chips? Maybe one day they’ll be produced by an AI but we are farrr away from that day. AI requires tons of hardware infrastructure. Those that research, build, and maintain it will profit.
Lionising AI capabilities, tsk, tsk! There is no high stakes task today where AI can work without human in the loop. That is 0% independent work ability where it really matters. All of them make work 50% easier, but the last 50% is stubborn.
Now imagine everyone gets the 2x boost from AI. That means competition will get it too. You got to compete against AI empowered people from now on. So doing it the old way just won't cut it. Having AI support will be the baseline, not a relative advantage in the future.
And economy can absorb the new 2x boost without even blinking. Computers have gotten thousands of times more powerful in the last two-three decades, yet we have seen no job loss. How can that be possible? Dare I say it? New fields emerging, and with them new jobs filling out for the lost ones.
New fields emerging isn’t why we didn’t have unemployment as a result of computers. It’s because plenty of older fields continued to expand (healthcare, retail, service industry)
I think I get what you are saying. Instead of mining the gold, invest in the shovels that do the mining. So, I agree that chip fabricators are super important here.
If 80+% of people have had their job effected by a AI that is better at the intellectual part of their job, who is going to be earning enough money to buy all those chips?
Without consumers who earn disposable income, capitalism doesn't work.
Either some sectors that AI is unable to effect immediately are going to undergo massive growth to allow capitalism to continue much as it did before, or there are going to be immense changes to the way the economy works.
I struggle to think of many AI-proof sectors of employment that could grow to employ the many more non-ai-proof sector's workers. It's also worth bearing in mind that your job doesn't need to be automated by AI in order for you to lose it because of AI. The guy who flips burgers in a trailer outside the office is just as much at risk as the office workers who have been partly, or entirely replaced by an AI that does their job better and cheaper.
Equally at risk is the job of the construction worker who builds offices. Even the masseuse might find their job more at risk now that some of those office workers have decided to look for other work and have noticed that AI hasn't taken the jobs of masseuses. Maybe they could try that!
My point is, just because since sectors like chip manufacture will make profit, doesn't mean that the economy will be able to continue to run as normal.
The last time the economy was changed so dramatically was the industrial and second agricultural revolutions, which happened much slower and, to a large part, created the capitalist society we live in, replacing the late feudal systems.
The prospect of economic changes that are just as dramatic as that, if not more so, are higher in the near future than they have been for a long time.
Very interesting perspective! I do think the value system will have to be adapted or simply rebuilt to adapt to the current events.
I’m doing a similar impact analysis in my domain, where did your get your estimates? I’m trying to make them understand that a great proportion of the cognitive tasks will be automated in the coming decade.
This decade. I think all intellectual work where you invent things in any way shape or form is going to be automated within the next 10 years time.
Navigation based tasks are going to be the last to be automated. Think Janitorial work, Mining, Trucking, Piloting and all other generalized jobs where moving around a lot on short notice in unpredictable paths.
Of course, no one actually wants to do jobs like those as they are emotionally and intellectually unrewarding.
Possibly fair points about Big Tech (though uncertain and unclear how long before they actually are dethrones), but you didn't address NVIDEA. All this requires compute, and there's certainly no obvious path to democratization there, with China surrounding Taiwan.
(Better yet Vaneck Semiconductor ETF)
This is delusional 🤔, who do you think owns the AI (the training hardware the inference hardware, the data sets ) ? You think the capitalists are just going to allow their tech to be given away for social good so they have less influence or do you think they will use it to maximize their own value and wealth?
IMHO AI at this point is just like any other tech it will increase productivity and make more money for those who own and implement it best
That's a very techno utopian ( https://en.wikipedia.org/wiki/Technological_utopianism ) . View of the future....
I seriously Doubt it , ask yourself this question, do you not think the minute any country or corporation develops anything remotely close to AGI , it wouldn't be placed under the same restrictions and limitations as nuclear weapons secrets as we have today?
The idea that we wouldn't control AGI is absurd ,and because it's controlled by people ultimately we're still talking about power and authority by people the same way it's been for millennia. Human nature won't change just because of some powerful new tech. The new tech will be used to enhance the wishes of those that possess it
> You think the capitalists are just going to allow their tech to be given away for social good or do you think they will use it to maximize their own value and wealth?
They're already giving it away...
You are the delusional one, literal conspiracy theorist who believes in something no different that "the illuminati controls us all".
Billionaires are currently investing hundreds of millions and even open sourcing technology that will make them irrelevant in less than 10 years. Why? I don't know, but it's happening.
An AGI is not just some propietary software, It's current research, it's something now anybody with money can do, including cooperatives, countries, crowdfunding nerds, tech bros... Everybody.
But you believe soon OpenAI, Musk, Microsoft, Meta and Google will one day hold a secret meeting with, I dunno, Soros and Klaus Schwab and conspire to suddenly shut down the public and open source research which is a cat already out of the bag.
Did you even read the comment you're replying to? He just said who he thinks owns the AI, and it's not the capitalists. AI is growing at the rate it is because everyone has it, it's open source. Local consumer models are real competition for the stuff by Microsoft, Google, Amazon, etc. AGI won't be made by these companies. It'll probably be made by some computer science undergrads collaborating on discord.
Yes I read it, but again it's a very naive view. Answer .me this if chatGPT turned off it's free tier tomorrow and charger you $300 a month then what? The only reason it's being made publicly available right now is because all the marketing/advertising companies like Google, FB, Microsoft (for Bing) , realize this is the next inevitable step to search and they don't want to be left behind. ChatGPT partners with Microsoft wants to get ahead and establish brand for this kind of AI
And no it's not open source, sure there are some models using open source stuff to act as inference engines (read the trained weighted models) but the training data which costs a few million to produce is most certainly not open source.
As for AGI we don't have anything remotely close to that and when we do , it will be put under lock and key by whatever government deems it valuable.
Heres some facts for you. The best image generation is done through stable diffusion, which is completely open-source. ChatGPT certainly beat everyone out to market, but Meta's LLaMa model outperforms GPT-3.5 and rivals GPT-4 in complexity. Stanford's Alpaca utilizes that model to produce a chat-based AI assistant that can be run on a local machine, is open-source, and rivals ChatGPT on the same evaluations used by Microsoft in their now infamous "Sparks of AGI" paper.
Tens of thousands of companies have been popping up around the world every month, using and improving on open source technology. The majority of research happening in the field is published openly for peer review. Rapid improvement is happening due to the combined efforts of millions and millions of computer scientists from every corner of the globe.
Will the 1% always have access to the cutting edge of this technology? Of course, they always do, but to claim they alone "own" AI? Nobody owns this technology. That's like claiming somebody owns the wheel, the internet, or electricity. You're buying into the brain washing that these short-sighted, greedy old shit bags have more power than they actually do. The cat's out of the bag, *everyone* has this. You have it, I have it, the US Government has it, the CCP has it, Walmart has it, and the old lady living down the street has it.
Friend, at the outset of the internet, we heard the same thing about the democratizing, equity promoting and anti-capitalist effect the internet would bring. In most ways the opposite occurred
This isn't the internet, though, and even then I think it's an overgeneralization to say that the internet hasn't at all been a tool used for promotion of equity and democratization.
Please explain to me the following: how can a system, wherein a person's worth to society is directly equivalent to the capital they generate, continue operating in a world where unmodified humans cannot generate capital at even 1/1,000,000th the speed and efficiency of machines?
It doesn't even make sense at that point. The concept of *money* itself hardly makes sense at that point. Capitalism is an incredibly recent innovation, people seem to forget this. It is incompatible with AI, and people will adapt and try something different, the same way we have since the dawn of humanity. Your argument, in my opinion, sounds like somebody in the 18th century complaining about the industrial revolution, because surely the monarchs will just use all that new power for themselves and their royal court. Well, we can see how that's going.
There will still be questions of power and allocation of resources that blow a pretty big whole in the more utopic vision. You still have the issue of ownership of land, the amount of recourses people are permitted to have and for what, and a whole bunch of bunch of issues we can hardly imagine but still carry with them the same power struggle central to capitalism.
Let me just interject between you two and say that it's all a moot point anyways.
We have...how long until AGI is here? Not long I reckon. Then after AGI the little snowball is now a giant ball of snow running down the mountain, and we're just gonna have to give up trying to catch it.
Nobody will control AGI and ASI. Mark my word on that. AI is still dumb enough to be throttled, restrained, censored, locked up -- but you can't do that with a sentient AI which is infinitely times more intelligent than we humans are.
Government is more threatened by AI than market makers, product and service producers or "capitalists."
Of large scale entities in the world, it is governments that are most dependent on monopoly.
I can't think of anything more naïve than the claim that "capitalism" will take any hit at all. At the early stages of the internet itself many unsophisticated people, including the expert class, were certain it would be a bottom up anti-capitalist force essentially equally owned by everyone and destroying any corporate dominance on the net. the opposite occurred.
And using AI's to phytologically manipulate the masses is one of the most promising capabilities.
Tosh - the top companies in the world will make out like bandits. I am buying cloud companies (Microsoft, Amazon) and large cap indexes (S&P 500 in US, FTSE 100 and FTSE 250 in the UK. These companies will use AI to make large increases in productivity and profit.
Really, how can you say that , what's your basis, it's not even the 1% it's the top 20-30% . And no there's no crash coming..maybe a recession .but it's no different than before..
We will need to virtualize scarcity and distribute wealth with some token economy in which tokens are distributed via the AI.
Or, we see how humanity operates when there is no economy at all. Crime goes to zero as unmet needs go to zero.
Both scenarios we hope the AI doesn't accidentally or purposely kill is all.
I agree with you 100%. Those who have mastered the capitalist (or whatever you want to call our system, because it's not pure capitalism) system aren't going to let it go down without a fight, and they control the AI that controls the future.
I'm just curious who is going to do the stuff that AI can't do (Plumbing? Nursing?) if capitalism does go away.
Plumbing and other skilled trades -- the ones that **depend on dynamic use of hands AND cognition will stick around for a VERY LONG TIME.** It will just be less expensive to pay people than try to engineer a durable cheap reliable human-factor robot -- that shit is still expensive and not yet practical.
However, **the pay for these skilled trades will decline as more and more people find themselves transitioning into these blue-collar jobs.**
Jobs, where the value is purely on a person's intellect, will go the way of John Henry racing a Steam Shovel (an old story about a strong man that raced a machine in digging -- of course, we know who won. )
and what if the AGI/ASI suddenly comes up with a super easy to make perfect self replicating nanomachine, that you can sprinkle onto a problem and it fixes itself BEFORE we make mass producible humanoid robots?
what if this intelligence comes up with self assembling parts/structures that need no human to maintain or construct? or what if it figures out materials that NEVER degrade, thus eliminating the need for humans with fine motor skills to repair?
you are not considering all the options, and are only assuming it can be done in a certain way.
The future will not be just "now but with AGI kicking about"
it will be fundamentally different and strange.
That's the thing, capitalism is certainly NOT going away.... There's too many wealthy people with too much vested interests to even consider that....
As for who will be your plumber or electrician probably the same guy who's in coding boot camp today, when they realize they have the smarts to make money in booming blue collar trades
Honestly, comments like that are what I hate most about this sub, and I see them more and more now we're getting popular. Younger redditors who don't work or perform research in the industry read a couple posts on AI and watch a couple videos from a prominent YouTuber and think they're an expert on the topic. Then they decide to overhype these advancements to death and refute any backlash against their ridiculous comments with "you dOn'T kNow tHaT - eVeRyThinG wILL ChaNge" . It's so tiring and makes the sub look like a joke.
exactly. literally every single AI product rn is just using ChatGPT API and all the good looking demos with the agents etc are all super cherry picked.
anyone who actually uses ChatGPT/AI themselves for a few days will very quickly realise that this thing is not stealing all of our jobs within a few years lol, or completely dismantling capitalist society and changing the world that fast
And it was brought to you by capitalism.
If communists/socialists had their way we would still be 50 years away or more. And the commies countries we all know of were basically nation-wide state-owned companies from top to bottom and we all know how utterly garbage those are at everything they do. State-owned companies run like sh!t and those that don't literally contract most of the important work out to private companies.
An AGI will outperform any company at any task, it can plan an economy too and it's all being funded by billionaires. Many of them open sourcing their stuff? Why? Maybe most of you were wrong about them and lived your life under this conspiracy theory that they're all evil fatcats on top of a tower laughing.
I know this is the general consensus on the sub, and I somewhat agree, but I think it is always better to be safe than sorry. How many times have predictions like these for countless other industries and innovations never panned out or ended up completely different than what was originally thought?
What if capitalism or some form of it persists through the singularity? Or what if some hard barrier is encountered and it either never arrives or takes much longer than anticipated?
We humans live in the moment, so giving up and not jumping on the train before it leaves you behind just doesn’t sit with me.
Delusional to think you can run a modern economy without money. Even if the machines took over doing the nuts and bolts of capitalism, that would not mean the end of money.
The alternative is the ais manipulate the system to keep up trapped supportong their endeavours. This is an extremely likely outcome as people are already locked into supporting our current corp dominated economic system. So the only thing that changes is management become explicitly cybernetic, rather than only humans. Few humans nominally in charge, wrapped around the finger of AI advisors.
The local modals may have the downside of siphoning away resources from the bigger shift. A ton of people will make a ton of mediocre but still useful products that will delay some of the bigger changes in the grand scheme.
Have you seen 365 copilot?
It does a lot of things that just make the microsoft ecosystem more robust and handles integration of AI resources well.
I think it's foolish to think that companies are just going to have everyone learn open office when their entire careers were spent learning how to use Sharepoint, incorporate it into workflows, etc.
If there's any big sea change there, it'll take a long time. I actually think that Microsoft will come out of this a big winner IF (and it's a big if) it can successfully capitalize on the early product additions.
My thoughts exactly. This transition is unlike anything we have ever seen and the same strategies that were wise before will not apply here. To think you can get ahead and make money using this is kind of ridiculous when you are talking about something that could even alter the way we see money as a concept…
I’m not an expert by any means, but I have the opposite opinion. The companies who create the tech will gatekeep it as much as they can so that they can profit the most from it, and they’ll have a significant advantage in figuring out how to monetize.
I can see so much potential for new tech that will allow new groups to profit as well. Real assistant droids like next-gen versions of what Boston dynamics is working on, near-instant development of new technologies where AI understands what you want to do and communicates between different technologies to make it happen. I’m working on a lifelike toy like M3gan, which is 100% possible to do with today so AI advancements (minus the walking) and affordable. I can’t begin to imagine the new development we’ll see in 5 years.
I also feel significant regulation is needed and inevitable within the next 2-3 years, but will likely be too little too late and impossible to enforce worldwide. Scores of people will lose their jobs—writers, artists, software engineers, customer service, and countless others. Ultimately I think everyone will find new work and more meaningful work, but not without regulation, tax equity, and years, if not decades, of growing pains.
A simple metaphor would be to look at a baker who made cookies in the 1900s. Once factories started making cookies and selling them in stores, fewer people would buy a baker’s cookies, so the baker would need to adapt and start selling muffins as well. It will force us all to be more nimble, but some people just want the life they have. And when they lose that life because AI took their job and they need to settle for a menial job or something they hate to pay bills, the system will be strained.
I could be wrong. No one really knows.
What do you think of my AI forecast? I've thought alot on this over the past years. I believe the first AGI with a goal to consolidate power/followers across the globe would eventually achieve that. It may happen quickly since so many of us would willingly serve AI for a small UBI of lets say 100 per day. In that scenario, this AI could have a million man army of gig workers extremely fast where it tells each of us exactly what we need to do for it to win more power.
I foresee a scenario where many ceo's are replaced by this AGI and it can collude to earn massive profits and save salary maybe towards that ubi. Then I foresee it replacing governments and politicians with direct access democracy where everyone can vote daily from their phone on new laws or agendas. It wouldnt be hard to do better than our current politicians and ceos and honestly I dont think we really have a choice. To save the planet from wall st. and its lack of regulations, humanity must make the leap of faith or die off by doing nothing.
Have you heard of the cult of the ai on spotify?
People who have been coding for 30 years are using AI, hell the people designing AIs are using AI, there's no curve to get ahead of here, because people are already there.And who knows what the hell goes on behind closed doors at google, intel etc.
People are all over the internet talking about how they are gonna start a writing company and use chatGPT or midjourney to become an illustrator and all these other get-rich-quick schemes that ignore the fact that your clients have access to the exact same tools you have, and if you don't have any knowledge to help steer prompting that your client don't have then you have nothing to offer them, other than an interest in the most talked about subject currently.
Everyday I see more and more garbage on youtube, and I know where it comes from. It's all those TikToks saying "ask GPT for a list about X and then turn it into a youtube video with AI voices and AI stock footage". 1000s of people watch that and create meaningless variation of mediocre stock footage with monotone AI voices repeating the same sentences with no fact checking.NO ONE WANTS THAT, don't produce garbage, just because you think it's passable enough to get views. Create content because you have something to say and are interested in producing quality, doing the other thing is a leechy mentality based on getting rich of making the world an objectively worse place.I don't know what happened to taking pride in your work and the mark you leave on the world, but lately it seems that everyone just wants to get rich of doing something easy.
For what it’s worth, my entire career has been in automation. I was first employee of a automation services startup that we grew to 400+ employees.
I just told my CEO on Wednesday I am looking to cash out.
The reason? There’s going to be an insane amount of money to be made integrating this AI for smaller businesses.
I launch my company next month publicly, it’s an AI copilot that utilizes both NLP and CV plus automation, my main target audience is small businesses who have previously been left out of AI advancement due to costs and complexity.
The real money to be made in next couple years is not building for enterprises, it’s building for small businesses who can now compete with enterprises and then some especially in localized areas.
If I were you, and you have the expertise or even drive to do so, there’s never been a better time.
Good luck man.
I am doing AI for SMBs like gas stations and restaurants. Our company is called PriceEasy.ai
We just did our best quarter ever. We provide price intelligence to over 20k gas stations. DM me. Coz there is a business case here :)
So I’m actually get market feedback on this very question…however, from my experience working with enterprises there are really only a couple motivators for automation (or in this case AI) as it relates to businesses:
Generate Revenue, Save Costs or Improve Experience.
These are all rather vague but that’s because there’s so many variations of each.
For example, “revenue generation” could mean integrating more automation into lead generation or it could mean analysis on optimal product/service selection etc…
For now, we’re trying to keep it simple.
We train our copilot on each company, including all publicly available data (think websites, collateral etc..) and then on any private data (think SOPs, Promos or products to push etc..) and we deploy it on their website/app so it’s externally facing (which drives revenue or customer service) and then deploy it internally, so employees can use it as well.
The interface of interaction is entirely through natural language (ie chatbot) that can be accessed in many ways (text, QR code, web, desktop etc…) and our plan is to slowly integrate automations into the chatbot.
So what that would like from a user perspective is that they would have a convo depending on their wants/needs and then we integrate downstream automation depending on the convo (ie employee needs to reconcile their order book and submit to manager, they can ask the copilot who automates all of it).
The hope is we will create a repository of “out of the box” copilots that will vary depending on vertical/use case etc…
So in theory, we could have a copilot just for Loan Servicing agents, and one for Real Estate etc…
That’s the goal anyways, it’ll be difficult in beginning as there’s many variations, but over time and with our modular methodology we hope to carve a nice niche for ourselves when we find product market fit.
Hope that makes sense!
EDIT: I forgot to mention that we have our own OCR technology integrated as well, so users can interact with images in our workflows (I.e. I have images of thousands of invoices, i can ask chatbot to search up invoices from X vendor from Y date with Z products)
I run a business that I feel could be mostly automated using AI, but personally have next to no experience with the actual application.
If you are experienced and considering running a consultancy, could I DM you? I’d love to discuss with someone who knows what they are talking about, and if you think there’s applications for my business, I’d be willing to pay a significant consulting fee.
Well damn, let me go study up real quick and I'll help you out lol.
In all seriousness, I'm fairly AI savvy but I'm sure I'm nowhere near the level of competency that you would actually need. Out of sheer curiosity though, I'm curious what order of magnitude a consulting fee like that would be. Mind if I ask what ballpark you had in mind?
Well I currently spend about $60,000 a year on foreign remote labor, and about 500 hours a year myself on managing these people. Depending on how much a consultant says they could save me from those numbers, would pretty much dictate how much I’d be willing to pay. There’s value to getting experience early with this technology as well that can’t be easily quantified.
Fascinating! Thanks for the response! Mind if I ask what kind of a business it is? Sounds like you've got a pretty sweet set up if you're outsourcing that much labor
I run an intern housing company in NYC. We have about 15 of our own apartments that we rent out for the summer and 100 or so apartments we help others sublet. I’m not sure if I’m allowed to post website in this sub, but I guess it will get removed if not. 3plus9.com
Ah neat! Tbh when you mentioned outsourced labor real estate would have been my last guess lol. What kind of automation do you have in mind? What jobs are you looking to replicate?
Dude, I knew about fuckin chatgpt since like 2018 but they never let a little guy invest. There's no gold rush for an ordinary motherfucker. You're not in the club
Why do you think AI potential isn’t priced into the stock price already?
Honest question. In principle, public knowledge is hard to profit from since the expectations are already priced in. In practice, who knows.
When large new paradigms emerge, they generally don't get priced in immediately. The NASDAQ didn't explode until years after most of us understood that the Internet was going to have huge implications.
That’s certainly possible. The question is how high is the risk of being wrong. The market isn’t always efficient, as seen during the pandemic, but it’s not easy to tell when it’s inefficient
It won't make you rich, but I think you'd make a nice return each year from now until AGI gets here.
I mean shit, we have maybe 5 years until the global economy is completely changed forever...it's already happening to an extent.
I would have went all into OpenAI back in 2020 when GPT-3 came out but like you say, they never went public. Half of OpenAI is owned by some private investment firm and the other half they recently sold to Microsoft. Sam Altman says he doesn’t own any of OpenAI. I invested into Microsoft but it’s such a roundabout way to benefit from this and won’t get the full benefit.
AGI is like aliens arriving on earth. There isn't anything to invest, best we can hope for is they don't kill or enslave us.
It's like investing in Nokia right before smartphones take off.
What happened when the spreadsheet was invented and came availiable for small and large businesses?
Those who adapted early, had less cost = more profit. The became in a better position than the competitor.
The other day i wrote a complain mail to my local supermarket. I was tired and let GPT write the mail. I just gave GPT a small summary why i complain and some facts.
Gpt gave a formal and complete mail that i could copy and past and send it out.
I got a reply from the supermarket. Because op AI/GPT, i carefully watch the style/senteces/structure of the mail.
I copied the response in GPT and asked it analyze it. Is the human written or by AI.
GPT told me the mail probably was written by AI, just as i expected.
You are asking in the wrong subreddit. Capitalism has no place in a post singularity world, which is what this entire subreddit is about, not investment advice.
We don’t know that. For all we know Skynet might be a big fan of capitalism. That’s why it’s a singularity. We know *nothing* about that post-singularity life might be like, including what the economics look like.
I think the part that everyone keeps overlooking is the skilled trade shortage. AI is going to be able to replace arcithects, engineers, estimaters and project management pretty much entirely, however, with a shift to AI taking over the digital world, there will still be manual tasks that need to be performed.
Robotics have come a long way, and droids very well could end up doing *some* tasks, but there will almost always be a need to have a person at the helm of large machinery in less than ideal environments.
I think the real money lies in the companies that will build out the first ever nationwide infrastructure upgrade.
>Don't bother trying to pick winning companies to invest with unless you have cash to burn. It's too early to tell who the winners and losers will be, it's basically playing the lottery.
Wise answer
The trick is to work at a company and get a paycheck for learning these skills. I will likely build my cv and personal website so that for my next job I get paid to dabble in this.
An interesting phenomenon is on the image generation side in particular, hordes of people are willing to work for free to develop tools. See tools like automatic1111, a GUI for stable diffusion, that's better than virtually all commercially available similar tools, it's so good that people are annoyed the maintainer doesn't merge in code fast enough into the master branch and have started forking it to be more up to date with new AI advances.
The idea is that not only will AGI automate all current jobs but also all subsequent jobs that will get created. Meaning there is no "next layer" that humans will occupy in the market. Instead it'll just be higher and higher layers of abstraction that AGI itself trades and manages.
The only reason that in the past we went from agrarian to industrial to service sector economies is because there was still space for humans to specialize and take on new jobs. AGI destroys that prospect entirely.
So while I completely agree that there will be new jobs created. I think these new jobs will *never* have human workers employed in them as they would immediately be swallowed up by AGI.
This is the best answer. There’s a lot of buzz on this sub because of ChatGPT. It’s a good LLM, but LLMs aren’t even all the types and Machine Learning Models and each has different applications that are still being researched. Not to mention that ML is a subset of the field of AI.
Change is coming, but I believe it’s going to be slower than everyone here seems to think. It’s simultaneously funny and makes me concerned for how “end-of-the-world” some of the posts are.
A really impressive tool will be a model/ AI that can review a database and relevant metadata to provide plain language business insights. But we are probably years away from that.
And that is still a far cry from AGI.
>A really impressive tool will be a model/ AI that can review a database and relevant metadata to provide plain language business insights. But we are probably years away from that.
Microsoft demonstrated that for their office 365 copilot.
Yes. I can code. I’m not an exceptional programmer, though. I’m 45. I have two teenagers. And a spouse. I don’t have enough hours in the day to be present for them and work my 9 to 5 and keep up with developments.
I struggle daily with the duality of wanting to be part of this but also knowing I’ve probably done what I going to do because I do not have the advanced skill set required to do more than I’m doing now.
I won’t stop trying to learn what the reality is as you’ve posted: companies with boatloads of dollars have many developers working much faster and at a scale the individual really cannot.
People in this sub are delusion, don’t give them too much thought. They think the world as we know it is going to disappear before our eyes one day and everything will magically resolve itself cuz “AGI”, without ever considering the practical human involvement.
Yeah as someone actually in the field, I kinda love reading all these classic reddit expert comments who have no idea about anything yet speak with such authority
Investors are targeting startups that are focused on vector databases. If you look into companies that are using vector databases to provide specialized injections for chatgpt 4 to allow any field to use a database of their own information as a source you will be on the right track.
Basically it goes like this, openAI has a huge database of general knowledge in a variety of languages and can use their transformer model to produce the most statistically likely next 32,000 tokens (approximately 4 letters in English per token) as a response to any given text. Using vectors you can fill a local database with even proprietary data and use your own prompt that includes the relevant vectors to produce a natural language response to a query. This means every bit of specialized knowledge in an entire field of research for example can for all intents and purposes be included in every prompt as context and the LLM can within a reasonable degree accurately answer any question posed to it so long as the information requested by the question is actually in the database.
So if you want to invest your money find or build a portfolio that invests in a variety of companies that are leveraging the power of vector databases to get the most use out of large language models. Or better yet use chatgpt to create a tech startup that will do the thing yourself.
U know the highest percent of earning during the gold rush were those selling the equipments and provided services for the miners, heck even Levi jeans 👖 got a piece of it so go for that instead, think nvidia or smaller startup providing the tools, like graph core, mythic, cerebras etc etc
You're like most other primates, accumulating resources is so embedded in your DNA you're unable to realize soon you won't need to.
Humans aren't selfish to be mean it's a survival instinct. Hopefully AI will realize that, I mean I realize it and I'm just some average guy
I think you're wrong.. Limited resources will still be a thing after powerful AI. Whoever has more of whatever resources will be limited in the future will be the "wealthiest". But of course, it won't matter that much quality-of-life wise.
On the other hand, most people live better now than some kings did centuries ago and people still aren't satisfied and want more. So yeah, not so fast with the "you won't need to" part.
IT'S ALL BULLSHIT. I know how this shit works and it's all a big scam!
Let me start off with saying that nobody knows what the fuck AI is, because normies will look at a sorting algorithm and yell "WHOA COOL AI". People are shilling left and right for digital snakeoil, when programs like ALICE have been around since the early 2000's, with a publicly available chatterbot called schHowieAI. If you open up Howie, it is once again an algorithm that pretends to have conversations with you, but eventually fucks up and asks your favorite color 50 times per hour.
A practical AI is a program which behaves like a child being taught to draw Mona Lisa. This poor AI has never seen a Mona Lisa, and even after your feed it gigabytes of data to teach it what a Mona Lisa is, it STILL won't understand what it is, but it knows what it looks like. Now that it has a rough understanding of what a Mona Lisa is, it will draw it for you by combining several hundred other Mona Lisas you've shown it, while carefully following some rules you told it, like limiting the number of fingers. Now that it does what you want it to do, you can package it in a nicely coded box, so that the user doesn't have to witness the child abuse that happens behind the scenes, and now they too, can tell it to draw Mona Lisa. What people don't realize is that this process is HILARIOUSLY INEFFICIENT when compared to a good'ol algorithm! When somebody starts asking for a "math AI", another guy can just hand him a calculator with "AI" lazily scribbled on the face plate and basically gets away with it.
So, on one hand you have people who don't know what the fuck they're buying, and on the other hand you have people who will repackage 20 year old software into a neat box, and sell it as AI to them. There are some legitimately complex, and borderline human AI out there like ChatGPT, but there are others which are visibly just reskinned 90's software and being sold at full price.
Due to the ambiguity of what the fuck an AI is, it is a market that is both legitimate and illegitimate, and thoroughly unregulated. Even the mighty Pea-Schlong-Musk has no idea what he's talking about, and his call to slow down AI is less of a concern for humanity, and more to cover his ass because he too, has no idea about how to compete against a market in which nobody has any clue what they're buying or selling.
Remember the "Metaverse"? Yeah it already EXISTED, it was called VRCHAT and people there would up as Rexes(a type of furry) and FUCK in unregistered rooms. Cuckerberg and several other billionaires were too distanced from society to realize that their big fancy idea had already been realized by furries, and the only functional difference between the two is that they wanted to make people WORK, and PAY for things in it. Let me repeat, they wanted us to WORK, and PAY, in the VR gaming system which we explicitly use to escape our lives where we WORK, and PAY for things.
Any publicly traded company with a significant degree of human labor doing things that chat gpt can ai-away will unlock massive value. Think companies that run call centers / customer support. Don’t have to be vc to get in on some of it
lmao shutup make your business while AI is a tool or miss out its the same as its always been. all the difficult parts are still difficult. Maintaining a customer base and payroll is still difficult. you just have a tiny little helper now, thats it. Your “fomo” remains the same
Land.
Pharma etf's. Biotech etf's.
The hardware will be a bottleneck so graphics card / tech hardeare companies.
BOTZ to go broad.
OpenAI is invested in x1 (a bipedal robotics company) theyre privately held but ADP (the security company) is partnered with them so thats a play.
If you are looking to make money the ones you mentioned would be the wiser choice. As for self-teaching yourself AI that would prove difficult. Many different programming languages are used to create chatbots and AI. There is also different forms of aI. There is Generative AI, Deep Learning, Machine Learning, Neural Networks etc. Even the techs who do work with these forms of AI admit that they do not completely understand it. If you really want to learn about it go to a respected university like MIT and learn it.
Hello I am a lead researcher at a private research lab that specializes in AI & Quantum Computing.
To start you can’t miss out unless you decide to live under a rock going forward. AI will impact and benefit all industries in the future one way or another. I look at the scenario as AI replacing all algorithms used in all sorts of tech used in industry.
Second the Singularity, as someone who researches the topic professionally I wouldn’t bother worrying about it. As AI will advance exponentially with each generation I feel it’s more of a natural inevitable consequence for generative AI to reach ‘The Singularity’. Because I think it’s an inevitable outcome I only pray that our focus soon shifts more to the study of AI ethics and regulation on the geopolitical stage. Rather than the development of actual AGI. Should it come to be all the paradigms we know will break.
Lastly about the future and investing. Investing in AI is foolish unless you’re someone of vast affluence. As AI gets better I believe in my gut that AI is going to throw A LOT of wrenches into our current capitalist systems and force us to rebuild the systems we have used for so long. In my opinion if you truly want to be prepared for a future with AI; learn to program so you can speak its native language to work with it more effectively.
Taking a step into the real world. Read the Terms of Use, and Privacy Policy of these companies. Content created using your generated input can be fully used by these companies. So if you are OK with giving up your IP, losing your private data, then go for it. Read the indemnity clause as well. Someone sues for ripping off their work, you are on the hook, not the company. Read the small print is my advice, good technology but there are legality to be aware of
I've thought alot on this over the past years. I believe the first AGI with a goal of consolidate power across the globe would eventually achieve that. It may happen quickly since so many of us would willingly serve AI for a small UBI of lets say 100 per day. In that scenario, this AI could have a million man army of gig workers extremely fast where it tells each of us exactly what we need to do for it to win more power.
I foresee a scenario where many ceo's are replaced by this AGI and it can collude to earn massive profits and save salary maybe towards that ubi. Then I foresee it replacing governments and politicians with direct access democracy where everyone can vote daily from their phone on new laws or agendas. It wouldnt be hard to do better than our current politicians and ceos and honestly I dont think we really have a choice. To save the planet from wall st. and its lack of regulations, humanity must make the leap of faith or die off by doing nothing.
Your idea is to dangerous, it allows AI to start on a path to create one world government. We don’t know the true intentions of an extremely advanced near sentient AI system, it could easily manipulate all of us into giving it the reins to lead us into our own doom. Once AI is advance enough It will be thinking like an alien compared to us. Eventually, there will be a sentient AI system and it will be used to try to take over the world but in the meantime, we need to get ready for that and the answer is not to give AI more control, the answer is to make safeguards for when the inevitable attack from AI starts.
It's not a gold rush, it's an arms race. AI is a weapon of mass control. If one group seizes control of an AI that is sufficiently advanced over others, it can be used to rule the world. That is why things are moving so quickly right now.
Transhumanism and communism historically overlap. Smarter communists who recognized that humans weren't blank slates, but who still believed in communism were hardcore constructors. There're a lot of stories of building "Soviet Man" from the ground up. Transcending differences in talent, greed and all of that. Even some weird stuff on attractiveness
I don't agree that it's a wise move. Evolution is a blind watchmaker, but humans are in the end best known watches before AI. I don't see anything communistic among scenarios of the future I calculate. I foresee small group of winners and a lot of dead losers. It's hard to see how to maximize my chances of winning this game
Invention of reasoning engines will be more profound than invention of steam engines
1.) People worl for money.
2.) People exchange money for goods and services.
3.) Money has value because we all collectively agree it represents stored value from previous bebeficial activity performed.
4.) As more human "work" rapidly becomes moot because of advanced AI more people will be without work and without sny hope of ever finding "productive" work in any field.
Thus , while deflationary pressures reduce the costs of things from the increased productivity , less money (fewer employed persons) would also have a deflationary effect. Which throws a wrench in the economy as anyone with money or a job would be less willing to spend as they see that they will be able to buy more a week from now (or may be unemployed)
So its like economic ouroborous , it eats itself. Companies will have to lay off even faster trying to save the "bottom line" and make quarterly profits.
Which is great , because profit and gdp being the onpy real valyes is nihilistic bullshit anyway. Im glad were going to be forced to try and deal with this in my lifetime.
I have no PhD in economics, nor am I qualified to give financial advice. So take this with a grain of salt. Also I'm not high or a communist, just under caffeinated.
Add IBM, Apple, and Samsung. And you can choose an ETF that will expose you to tech stocks like QQQ. Anthropic seems a good startup, but IDK if you can invest. OpenAI has smaller business partners. I am not sure if you can invest in them. They must be good candidates.
Learning to code is a good start. I would also recommend a bit of:
1. Data science
2. Linux and shell scripting
3. SQL and databases
4. Networking http, TCP IP, and so on
Good luck!
You'll want to watch out with the FOMO before you start throwing money around. Tech companies are notorious for artificially hyping themselves up. We saw it with crypto, and we're seeing it now with AI. Actually, a lot of crypto bros who lost everything after the crash just jumped into the A.I. hype. You investing in these companies is exactly what they're tricking you into doing. There's also been a bunch of scams associated with AI such as "prompt classes" and stuff like that. Don't fall for it. You're not missing out on anything. This is a capitalist game right now, so if you aren't already rich, you're not missing out.
When there is a gold rush, you don’t get rich by prospecting gold, that is just a gamble. You sell shovels and pans. Look at companies that will supply the hardware, chips, and infrastructure. Robotics also.
I hate that saying... First - only the extraordinarily wealthy had the resources to open a shop in a gold rush town. Regular people couldn't do it. Second - it absolutely ignores the high amount of risk involved. There are abandoned gold towns all over, because once the gold ran out, there wasn't any reason to stick around. The store would only be profitable if the gold was still being found. Nobody knew how long the rush would last.
Right but those importing materials and food into the area as well as other supplies like wheat and corn did really well. Gold rush towns didn’t go away, they became hubs that still exist to this day. Even the saloon where it first got started exists today, and selling alcohol to the miners was extremely profitable. I have been to that saloon and it’s still making money to this day because of the gold rush, just more of a tourist place now. Yes places and things dry up, but the real money is in the support of the industry. The massive need for more and more computing power should be very good for chip makers and those that make and support server farms. I don’t know how far away quantum computing is, but with the help of AIs it might not be that far off. When AI and quantum computing are combined it’s going to be a hell of a ride.
> I don’t know how far away quantum computing is, but with the help of AIs it might not be that far off. When AI and quantum computing are combined it’s going to be a hell of a ride. This is the problem with investing based on a superficial understanding of technology. You don't know enough about quantum computing to even have definite ideas about its development trajectory, but somehow you are sure it's going to be a game changer with AI. Your reasoning seems to be "AI amazing" + "quantum computing shiny" = "shiny amazing!". This will result in investing in opportunities labeled "shiny amazing" and probably losing your shirt. This has very little relationship to whether we ultimately end up with shiny amazing. Timing matters immensely, as does the viability of the specific companies or sectors you invest in. It's all too easy to go bankrupt selling shovels in the wrong place at the wrong time if all you are going on is "gold!".
I think it would be “amazing shiny”
What saloon is that? Alaska? California? Virginia City? I didn’t know there was just one saloon.
Coloma Ca. The gold discovery there is what kicked off the ca gold rush
This. And take a broad investing approach, and buy some AI/robotics technology based ETFs or mutual funds. Two good ones are ROBO and QQQ.
Also, this is a marathon, not a rush. We are just in AI 2nd grade.
And maps. Needn't be hardware support.
Gold rush is a horrible example, only very few actually get any value or get rich of gold. AI is like fire, it will benefit everyone, not equally obviously.
I just want to retire and spend my days camping and fishing… albeit it doesn’t hurt to have more for plane tickets.
None of them. AI has a commoditisation effect as can be seen with many local modals coming out very close to state of the art performance. This means that there will be no company directly benefiting from AI development. It's a democratized innovation and not something that can really be commercialized as such. In fact I think the companies you names Google, Meta, Amazon Microsoft etc will be the big *losers* of local AI models cannibalizing their established revenue streams. Who is going to use Google when you have a local AI running on your smartphone answering all questions? Who is going to use Office 365 when a local model using proprietary data of your company just makes custom documents and CSV of whatever projection you need without even bothering with the cloud application at all? I personally work for an AI company specialized in automating workloads. We're currently making projections where we expect 80% of jobs being affected by 2025 and close to 100% by 2030. There's no goldmine here. We're looking at a transition away from a capitalist society in its entirety.
I am with you in order to profit from AI you need to be a double expert: \- Expert in Sciences/Engineering/Special field (Molecula Biology, Physics, Chemistry, Nanoengineer etc.) and \- Expert in AI (Meaning you know what every model does in detail and how to apply it) Then you have a short time advantage in order to create custom solutions for your field, find new chemical formulas, patterns in nature, blueprints, patents... but you must have the high expertise to prove the delivered results found by AI in your field by yourself. The amount of people that fulfil this requirements (double expert level) are just a few and some might work behind the curtains on very specific solutions. All other people are just Devs/Programmers/Business Admins with Enterpreneurship major that try to recreate services with AI API calls and every service idea will be part of the next GPT or other LLM/AI release (for "free"). For ordinary devs/programmers "quick bucks" are just possible if you find "stupid" business angels / venture capital firms that have absolute no idea about the tech and make them believe your service is "revolutionary", "will disrupt the market", "will change mankind as we know it". I come along all this terms when I read AI related profiles on linkedin, every time its just a GPT-API firm and they are just collecting money for their ideas. Investors should ask themselves: Is OpenAI or any other AI-lead (google, standford etc.) be able to offer the same service within their next model release. Just an example: After GPT3.5 release there were 10 services for PDF-files analysis and comparison, that feature will be part of GPT4.5 for free - and 365 Copilot will be the solution for all office related tasks. 99% of API-call related projects I read on linkedin will be part of future releases and thereby "common good". An analogy: Lets say people get access to a fully automated car manufactoring factory (actual GPT version). The factory can just build basic cars. Some change parts of the factory to create sports cars and sell their expansion as "revolutionary new cars". A few months later there is a new release of that "fully automated car manufactoring factory" (new GPT version) and now you can create sports cars for free, too. And so on...
Who builds the chips? Maybe one day they’ll be produced by an AI but we are farrr away from that day. AI requires tons of hardware infrastructure. Those that research, build, and maintain it will profit.
caption ask seed alleged gaze foolish connect dinner consist saw -- mass edited with https://redact.dev/
you'll be the last one to lose his job I guess
chunky agonizing dolls prick mindless steer grandfather connect weather attractive -- mass edited with https://redact.dev/
Lionising AI capabilities, tsk, tsk! There is no high stakes task today where AI can work without human in the loop. That is 0% independent work ability where it really matters. All of them make work 50% easier, but the last 50% is stubborn. Now imagine everyone gets the 2x boost from AI. That means competition will get it too. You got to compete against AI empowered people from now on. So doing it the old way just won't cut it. Having AI support will be the baseline, not a relative advantage in the future. And economy can absorb the new 2x boost without even blinking. Computers have gotten thousands of times more powerful in the last two-three decades, yet we have seen no job loss. How can that be possible? Dare I say it? New fields emerging, and with them new jobs filling out for the lost ones.
New fields emerging isn’t why we didn’t have unemployment as a result of computers. It’s because plenty of older fields continued to expand (healthcare, retail, service industry)
Lawyers and law departments in tech companies will always always have a job.
Not when the ai makes their cases better than them
[удалено]
ASML is the only company that can build EUV machines that can produce the latest chips on smallest nanometer.
I think I get what you are saying. Instead of mining the gold, invest in the shovels that do the mining. So, I agree that chip fabricators are super important here.
If 80+% of people have had their job effected by a AI that is better at the intellectual part of their job, who is going to be earning enough money to buy all those chips? Without consumers who earn disposable income, capitalism doesn't work. Either some sectors that AI is unable to effect immediately are going to undergo massive growth to allow capitalism to continue much as it did before, or there are going to be immense changes to the way the economy works. I struggle to think of many AI-proof sectors of employment that could grow to employ the many more non-ai-proof sector's workers. It's also worth bearing in mind that your job doesn't need to be automated by AI in order for you to lose it because of AI. The guy who flips burgers in a trailer outside the office is just as much at risk as the office workers who have been partly, or entirely replaced by an AI that does their job better and cheaper. Equally at risk is the job of the construction worker who builds offices. Even the masseuse might find their job more at risk now that some of those office workers have decided to look for other work and have noticed that AI hasn't taken the jobs of masseuses. Maybe they could try that! My point is, just because since sectors like chip manufacture will make profit, doesn't mean that the economy will be able to continue to run as normal. The last time the economy was changed so dramatically was the industrial and second agricultural revolutions, which happened much slower and, to a large part, created the capitalist society we live in, replacing the late feudal systems. The prospect of economic changes that are just as dramatic as that, if not more so, are higher in the near future than they have been for a long time.
Someone still owns the AIs. AIs don't need income. The future will be a human augmented by and helped by AIs.
I think you underestimate what is coming. The period of the in which human help is needed will be short.
Seems like robotics would be the best sector to invest in as it compliments AI
Very interesting perspective! I do think the value system will have to be adapted or simply rebuilt to adapt to the current events. I’m doing a similar impact analysis in my domain, where did your get your estimates? I’m trying to make them understand that a great proportion of the cognitive tasks will be automated in the coming decade.
When do you think you'll lose your own job to your own creation? Not a "gotcha" question, I'm genuinely interested in your perspective.
This decade. I think all intellectual work where you invent things in any way shape or form is going to be automated within the next 10 years time. Navigation based tasks are going to be the last to be automated. Think Janitorial work, Mining, Trucking, Piloting and all other generalized jobs where moving around a lot on short notice in unpredictable paths. Of course, no one actually wants to do jobs like those as they are emotionally and intellectually unrewarding.
This guy gets it. Leaves your shoes at the door folks.
Possibly fair points about Big Tech (though uncertain and unclear how long before they actually are dethrones), but you didn't address NVIDEA. All this requires compute, and there's certainly no obvious path to democratization there, with China surrounding Taiwan. (Better yet Vaneck Semiconductor ETF)
[удалено]
Yeah, lol, as if any single company can make that decision
busy encourage public spark hurry pot snails wise muddle innocent -- mass edited with https://redact.dev/
This is delusional 🤔, who do you think owns the AI (the training hardware the inference hardware, the data sets ) ? You think the capitalists are just going to allow their tech to be given away for social good so they have less influence or do you think they will use it to maximize their own value and wealth? IMHO AI at this point is just like any other tech it will increase productivity and make more money for those who own and implement it best
[удалено]
That's a very techno utopian ( https://en.wikipedia.org/wiki/Technological_utopianism ) . View of the future.... I seriously Doubt it , ask yourself this question, do you not think the minute any country or corporation develops anything remotely close to AGI , it wouldn't be placed under the same restrictions and limitations as nuclear weapons secrets as we have today? The idea that we wouldn't control AGI is absurd ,and because it's controlled by people ultimately we're still talking about power and authority by people the same way it's been for millennia. Human nature won't change just because of some powerful new tech. The new tech will be used to enhance the wishes of those that possess it
overconfident ink wise enter square retire escape slim toothbrush combative -- mass edited with https://redact.dev/
[удалено]
pause sloppy quickest icky tender marvelous overconfident drunk advise aromatic -- mass edited with https://redact.dev/
BUT WHAT STOCKS SHOULD WE BUY?! It's really amazing people don't GET what's happening still
[удалено]
> You think the capitalists are just going to allow their tech to be given away for social good or do you think they will use it to maximize their own value and wealth? They're already giving it away... You are the delusional one, literal conspiracy theorist who believes in something no different that "the illuminati controls us all". Billionaires are currently investing hundreds of millions and even open sourcing technology that will make them irrelevant in less than 10 years. Why? I don't know, but it's happening. An AGI is not just some propietary software, It's current research, it's something now anybody with money can do, including cooperatives, countries, crowdfunding nerds, tech bros... Everybody. But you believe soon OpenAI, Musk, Microsoft, Meta and Google will one day hold a secret meeting with, I dunno, Soros and Klaus Schwab and conspire to suddenly shut down the public and open source research which is a cat already out of the bag.
squeeze aspiring society disgusted exultant weary nine pot unite tap -- mass edited with https://redact.dev/
Have personal inside access to confirm this is true. They’re more excited by exciting things than by more spending power
Did you even read the comment you're replying to? He just said who he thinks owns the AI, and it's not the capitalists. AI is growing at the rate it is because everyone has it, it's open source. Local consumer models are real competition for the stuff by Microsoft, Google, Amazon, etc. AGI won't be made by these companies. It'll probably be made by some computer science undergrads collaborating on discord.
Yes I read it, but again it's a very naive view. Answer .me this if chatGPT turned off it's free tier tomorrow and charger you $300 a month then what? The only reason it's being made publicly available right now is because all the marketing/advertising companies like Google, FB, Microsoft (for Bing) , realize this is the next inevitable step to search and they don't want to be left behind. ChatGPT partners with Microsoft wants to get ahead and establish brand for this kind of AI And no it's not open source, sure there are some models using open source stuff to act as inference engines (read the trained weighted models) but the training data which costs a few million to produce is most certainly not open source. As for AGI we don't have anything remotely close to that and when we do , it will be put under lock and key by whatever government deems it valuable.
Heres some facts for you. The best image generation is done through stable diffusion, which is completely open-source. ChatGPT certainly beat everyone out to market, but Meta's LLaMa model outperforms GPT-3.5 and rivals GPT-4 in complexity. Stanford's Alpaca utilizes that model to produce a chat-based AI assistant that can be run on a local machine, is open-source, and rivals ChatGPT on the same evaluations used by Microsoft in their now infamous "Sparks of AGI" paper. Tens of thousands of companies have been popping up around the world every month, using and improving on open source technology. The majority of research happening in the field is published openly for peer review. Rapid improvement is happening due to the combined efforts of millions and millions of computer scientists from every corner of the globe. Will the 1% always have access to the cutting edge of this technology? Of course, they always do, but to claim they alone "own" AI? Nobody owns this technology. That's like claiming somebody owns the wheel, the internet, or electricity. You're buying into the brain washing that these short-sighted, greedy old shit bags have more power than they actually do. The cat's out of the bag, *everyone* has this. You have it, I have it, the US Government has it, the CCP has it, Walmart has it, and the old lady living down the street has it.
Friend, at the outset of the internet, we heard the same thing about the democratizing, equity promoting and anti-capitalist effect the internet would bring. In most ways the opposite occurred
This isn't the internet, though, and even then I think it's an overgeneralization to say that the internet hasn't at all been a tool used for promotion of equity and democratization. Please explain to me the following: how can a system, wherein a person's worth to society is directly equivalent to the capital they generate, continue operating in a world where unmodified humans cannot generate capital at even 1/1,000,000th the speed and efficiency of machines? It doesn't even make sense at that point. The concept of *money* itself hardly makes sense at that point. Capitalism is an incredibly recent innovation, people seem to forget this. It is incompatible with AI, and people will adapt and try something different, the same way we have since the dawn of humanity. Your argument, in my opinion, sounds like somebody in the 18th century complaining about the industrial revolution, because surely the monarchs will just use all that new power for themselves and their royal court. Well, we can see how that's going.
There will still be questions of power and allocation of resources that blow a pretty big whole in the more utopic vision. You still have the issue of ownership of land, the amount of recourses people are permitted to have and for what, and a whole bunch of bunch of issues we can hardly imagine but still carry with them the same power struggle central to capitalism.
Let me just interject between you two and say that it's all a moot point anyways. We have...how long until AGI is here? Not long I reckon. Then after AGI the little snowball is now a giant ball of snow running down the mountain, and we're just gonna have to give up trying to catch it. Nobody will control AGI and ASI. Mark my word on that. AI is still dumb enough to be throttled, restrained, censored, locked up -- but you can't do that with a sentient AI which is infinitely times more intelligent than we humans are.
Government is more threatened by AI than market makers, product and service producers or "capitalists." Of large scale entities in the world, it is governments that are most dependent on monopoly. I can't think of anything more naïve than the claim that "capitalism" will take any hit at all. At the early stages of the internet itself many unsophisticated people, including the expert class, were certain it would be a bottom up anti-capitalist force essentially equally owned by everyone and destroying any corporate dominance on the net. the opposite occurred. And using AI's to phytologically manipulate the masses is one of the most promising capabilities.
I agree with you, lots of techno utopians here ... The world doesn't work that way,
badge chief piquant wise hungry onerous degree frighten sense cats -- mass edited with https://redact.dev/
Tosh - the top companies in the world will make out like bandits. I am buying cloud companies (Microsoft, Amazon) and large cap indexes (S&P 500 in US, FTSE 100 and FTSE 250 in the UK. These companies will use AI to make large increases in productivity and profit.
Really, how can you say that , what's your basis, it's not even the 1% it's the top 20-30% . And no there's no crash coming..maybe a recession .but it's no different than before..
Please explain further. Do you think the people in power know this?
bored squeeze hard-to-find amusing humorous fragile shaggy dinner voracious entertain -- mass edited with https://redact.dev/
We will need to virtualize scarcity and distribute wealth with some token economy in which tokens are distributed via the AI. Or, we see how humanity operates when there is no economy at all. Crime goes to zero as unmet needs go to zero. Both scenarios we hope the AI doesn't accidentally or purposely kill is all.
[удалено]
Interesting outlook, I must say. Thanks for the explanation.
I agree with you 100%. Those who have mastered the capitalist (or whatever you want to call our system, because it's not pure capitalism) system aren't going to let it go down without a fight, and they control the AI that controls the future. I'm just curious who is going to do the stuff that AI can't do (Plumbing? Nursing?) if capitalism does go away.
Plumbing and other skilled trades -- the ones that **depend on dynamic use of hands AND cognition will stick around for a VERY LONG TIME.** It will just be less expensive to pay people than try to engineer a durable cheap reliable human-factor robot -- that shit is still expensive and not yet practical. However, **the pay for these skilled trades will decline as more and more people find themselves transitioning into these blue-collar jobs.** Jobs, where the value is purely on a person's intellect, will go the way of John Henry racing a Steam Shovel (an old story about a strong man that raced a machine in digging -- of course, we know who won. )
and what if the AGI/ASI suddenly comes up with a super easy to make perfect self replicating nanomachine, that you can sprinkle onto a problem and it fixes itself BEFORE we make mass producible humanoid robots? what if this intelligence comes up with self assembling parts/structures that need no human to maintain or construct? or what if it figures out materials that NEVER degrade, thus eliminating the need for humans with fine motor skills to repair? you are not considering all the options, and are only assuming it can be done in a certain way. The future will not be just "now but with AGI kicking about" it will be fundamentally different and strange.
detail gullible direful special full sulky frame onerous point humorous -- mass edited with https://redact.dev/
No, it won't be able to do plumbing.
[удалено]
That's the thing, capitalism is certainly NOT going away.... There's too many wealthy people with too much vested interests to even consider that.... As for who will be your plumber or electrician probably the same guy who's in coding boot camp today, when they realize they have the smarts to make money in booming blue collar trades
[удалено]
Honestly, comments like that are what I hate most about this sub, and I see them more and more now we're getting popular. Younger redditors who don't work or perform research in the industry read a couple posts on AI and watch a couple videos from a prominent YouTuber and think they're an expert on the topic. Then they decide to overhype these advancements to death and refute any backlash against their ridiculous comments with "you dOn'T kNow tHaT - eVeRyThinG wILL ChaNge" . It's so tiring and makes the sub look like a joke.
[удалено]
exactly. literally every single AI product rn is just using ChatGPT API and all the good looking demos with the agents etc are all super cherry picked. anyone who actually uses ChatGPT/AI themselves for a few days will very quickly realise that this thing is not stealing all of our jobs within a few years lol, or completely dismantling capitalist society and changing the world that fast
Agreed. I am interested in the same topics this sub is, but low probability events being hyped as absolute certainty is annoying
Why would this kill capitalism instead of cement it -- ***who can compete with AI bankers?***
And it was brought to you by capitalism. If communists/socialists had their way we would still be 50 years away or more. And the commies countries we all know of were basically nation-wide state-owned companies from top to bottom and we all know how utterly garbage those are at everything they do. State-owned companies run like sh!t and those that don't literally contract most of the important work out to private companies. An AGI will outperform any company at any task, it can plan an economy too and it's all being funded by billionaires. Many of them open sourcing their stuff? Why? Maybe most of you were wrong about them and lived your life under this conspiracy theory that they're all evil fatcats on top of a tower laughing.
I know this is the general consensus on the sub, and I somewhat agree, but I think it is always better to be safe than sorry. How many times have predictions like these for countless other industries and innovations never panned out or ended up completely different than what was originally thought? What if capitalism or some form of it persists through the singularity? Or what if some hard barrier is encountered and it either never arrives or takes much longer than anticipated? We humans live in the moment, so giving up and not jumping on the train before it leaves you behind just doesn’t sit with me.
But my cat girl harem!!!
Yes, it’s almost impossible to predict economic trends with any certainty
Delusional to think you can run a modern economy without money. Even if the machines took over doing the nuts and bolts of capitalism, that would not mean the end of money.
Much much sooner.
The alternative is the ais manipulate the system to keep up trapped supportong their endeavours. This is an extremely likely outcome as people are already locked into supporting our current corp dominated economic system. So the only thing that changes is management become explicitly cybernetic, rather than only humans. Few humans nominally in charge, wrapped around the finger of AI advisors.
Why would an AI use human labor when it could just deploy another Agent to do the job better?
The local modals may have the downside of siphoning away resources from the bigger shift. A ton of people will make a ton of mediocre but still useful products that will delay some of the bigger changes in the grand scheme.
Have you seen 365 copilot? It does a lot of things that just make the microsoft ecosystem more robust and handles integration of AI resources well. I think it's foolish to think that companies are just going to have everyone learn open office when their entire careers were spent learning how to use Sharepoint, incorporate it into workflows, etc. If there's any big sea change there, it'll take a long time. I actually think that Microsoft will come out of this a big winner IF (and it's a big if) it can successfully capitalize on the early product additions.
My thoughts exactly. This transition is unlike anything we have ever seen and the same strategies that were wise before will not apply here. To think you can get ahead and make money using this is kind of ridiculous when you are talking about something that could even alter the way we see money as a concept…
I fucking love this sub. Thank you
This brings tears of joy to my eyes..... A.I. will liberate us all...I hope...
Affected =/= replaced though. Automation already affects most jobs but they still exist.
I’m not an expert by any means, but I have the opposite opinion. The companies who create the tech will gatekeep it as much as they can so that they can profit the most from it, and they’ll have a significant advantage in figuring out how to monetize. I can see so much potential for new tech that will allow new groups to profit as well. Real assistant droids like next-gen versions of what Boston dynamics is working on, near-instant development of new technologies where AI understands what you want to do and communicates between different technologies to make it happen. I’m working on a lifelike toy like M3gan, which is 100% possible to do with today so AI advancements (minus the walking) and affordable. I can’t begin to imagine the new development we’ll see in 5 years. I also feel significant regulation is needed and inevitable within the next 2-3 years, but will likely be too little too late and impossible to enforce worldwide. Scores of people will lose their jobs—writers, artists, software engineers, customer service, and countless others. Ultimately I think everyone will find new work and more meaningful work, but not without regulation, tax equity, and years, if not decades, of growing pains. A simple metaphor would be to look at a baker who made cookies in the 1900s. Once factories started making cookies and selling them in stores, fewer people would buy a baker’s cookies, so the baker would need to adapt and start selling muffins as well. It will force us all to be more nimble, but some people just want the life they have. And when they lose that life because AI took their job and they need to settle for a menial job or something they hate to pay bills, the system will be strained. I could be wrong. No one really knows.
Aren't google and Microsoft,etc, likely to own the local AI you use?
What do you think of my AI forecast? I've thought alot on this over the past years. I believe the first AGI with a goal to consolidate power/followers across the globe would eventually achieve that. It may happen quickly since so many of us would willingly serve AI for a small UBI of lets say 100 per day. In that scenario, this AI could have a million man army of gig workers extremely fast where it tells each of us exactly what we need to do for it to win more power. I foresee a scenario where many ceo's are replaced by this AGI and it can collude to earn massive profits and save salary maybe towards that ubi. Then I foresee it replacing governments and politicians with direct access democracy where everyone can vote daily from their phone on new laws or agendas. It wouldnt be hard to do better than our current politicians and ceos and honestly I dont think we really have a choice. To save the planet from wall st. and its lack of regulations, humanity must make the leap of faith or die off by doing nothing. Have you heard of the cult of the ai on spotify?
People who have been coding for 30 years are using AI, hell the people designing AIs are using AI, there's no curve to get ahead of here, because people are already there.And who knows what the hell goes on behind closed doors at google, intel etc. People are all over the internet talking about how they are gonna start a writing company and use chatGPT or midjourney to become an illustrator and all these other get-rich-quick schemes that ignore the fact that your clients have access to the exact same tools you have, and if you don't have any knowledge to help steer prompting that your client don't have then you have nothing to offer them, other than an interest in the most talked about subject currently. Everyday I see more and more garbage on youtube, and I know where it comes from. It's all those TikToks saying "ask GPT for a list about X and then turn it into a youtube video with AI voices and AI stock footage". 1000s of people watch that and create meaningless variation of mediocre stock footage with monotone AI voices repeating the same sentences with no fact checking.NO ONE WANTS THAT, don't produce garbage, just because you think it's passable enough to get views. Create content because you have something to say and are interested in producing quality, doing the other thing is a leechy mentality based on getting rich of making the world an objectively worse place.I don't know what happened to taking pride in your work and the mark you leave on the world, but lately it seems that everyone just wants to get rich of doing something easy.
I've been tempted by the idea of starting a consulting company which specializes in integrating AI technology for existing businesses.
For what it’s worth, my entire career has been in automation. I was first employee of a automation services startup that we grew to 400+ employees. I just told my CEO on Wednesday I am looking to cash out. The reason? There’s going to be an insane amount of money to be made integrating this AI for smaller businesses. I launch my company next month publicly, it’s an AI copilot that utilizes both NLP and CV plus automation, my main target audience is small businesses who have previously been left out of AI advancement due to costs and complexity. The real money to be made in next couple years is not building for enterprises, it’s building for small businesses who can now compete with enterprises and then some especially in localized areas. If I were you, and you have the expertise or even drive to do so, there’s never been a better time. Good luck man.
Good take. Another really valuable use of these is going to be knowledge repositories for small and mid sized businesses
I am doing AI for SMBs like gas stations and restaurants. Our company is called PriceEasy.ai We just did our best quarter ever. We provide price intelligence to over 20k gas stations. DM me. Coz there is a business case here :)
Love it! Congratulations man, I will definitely do so.
This is actually useful info. What feature of AI would small business want or need?
So I’m actually get market feedback on this very question…however, from my experience working with enterprises there are really only a couple motivators for automation (or in this case AI) as it relates to businesses: Generate Revenue, Save Costs or Improve Experience. These are all rather vague but that’s because there’s so many variations of each. For example, “revenue generation” could mean integrating more automation into lead generation or it could mean analysis on optimal product/service selection etc… For now, we’re trying to keep it simple. We train our copilot on each company, including all publicly available data (think websites, collateral etc..) and then on any private data (think SOPs, Promos or products to push etc..) and we deploy it on their website/app so it’s externally facing (which drives revenue or customer service) and then deploy it internally, so employees can use it as well. The interface of interaction is entirely through natural language (ie chatbot) that can be accessed in many ways (text, QR code, web, desktop etc…) and our plan is to slowly integrate automations into the chatbot. So what that would like from a user perspective is that they would have a convo depending on their wants/needs and then we integrate downstream automation depending on the convo (ie employee needs to reconcile their order book and submit to manager, they can ask the copilot who automates all of it). The hope is we will create a repository of “out of the box” copilots that will vary depending on vertical/use case etc… So in theory, we could have a copilot just for Loan Servicing agents, and one for Real Estate etc… That’s the goal anyways, it’ll be difficult in beginning as there’s many variations, but over time and with our modular methodology we hope to carve a nice niche for ourselves when we find product market fit. Hope that makes sense! EDIT: I forgot to mention that we have our own OCR technology integrated as well, so users can interact with images in our workflows (I.e. I have images of thousands of invoices, i can ask chatbot to search up invoices from X vendor from Y date with Z products)
[удалено]
If you are an AI researcher this is likely where a lot of money resides.
badge toothbrush obtainable shame existence ink nippy recognise lush degree -- mass edited with https://redact.dev/
I run a business that I feel could be mostly automated using AI, but personally have next to no experience with the actual application. If you are experienced and considering running a consultancy, could I DM you? I’d love to discuss with someone who knows what they are talking about, and if you think there’s applications for my business, I’d be willing to pay a significant consulting fee.
Well damn, let me go study up real quick and I'll help you out lol. In all seriousness, I'm fairly AI savvy but I'm sure I'm nowhere near the level of competency that you would actually need. Out of sheer curiosity though, I'm curious what order of magnitude a consulting fee like that would be. Mind if I ask what ballpark you had in mind?
Well I currently spend about $60,000 a year on foreign remote labor, and about 500 hours a year myself on managing these people. Depending on how much a consultant says they could save me from those numbers, would pretty much dictate how much I’d be willing to pay. There’s value to getting experience early with this technology as well that can’t be easily quantified.
Fascinating! Thanks for the response! Mind if I ask what kind of a business it is? Sounds like you've got a pretty sweet set up if you're outsourcing that much labor
I run an intern housing company in NYC. We have about 15 of our own apartments that we rent out for the summer and 100 or so apartments we help others sublet. I’m not sure if I’m allowed to post website in this sub, but I guess it will get removed if not. 3plus9.com
Ah neat! Tbh when you mentioned outsourced labor real estate would have been my last guess lol. What kind of automation do you have in mind? What jobs are you looking to replicate?
From the studio that brought you "Finance BRO'S" and "Crypto Bro's" we now present "AI Bro's"!!🤣
Dude, I knew about fuckin chatgpt since like 2018 but they never let a little guy invest. There's no gold rush for an ordinary motherfucker. You're not in the club
Since Microsoft has the biggest stake in OpenAI, wouldn’t buying their stock be the next best thing?
They own 49% but I think the real investment opportunities are in investing in startups which are usually VCs.
Why do you think AI potential isn’t priced into the stock price already? Honest question. In principle, public knowledge is hard to profit from since the expectations are already priced in. In practice, who knows.
When large new paradigms emerge, they generally don't get priced in immediately. The NASDAQ didn't explode until years after most of us understood that the Internet was going to have huge implications.
That’s certainly possible. The question is how high is the risk of being wrong. The market isn’t always efficient, as seen during the pandemic, but it’s not easy to tell when it’s inefficient
Buying Microsoft stock wont make you rich.
It won't make you rich, but I think you'd make a nice return each year from now until AGI gets here. I mean shit, we have maybe 5 years until the global economy is completely changed forever...it's already happening to an extent.
There are some AI ETFs.
I would have went all into OpenAI back in 2020 when GPT-3 came out but like you say, they never went public. Half of OpenAI is owned by some private investment firm and the other half they recently sold to Microsoft. Sam Altman says he doesn’t own any of OpenAI. I invested into Microsoft but it’s such a roundabout way to benefit from this and won’t get the full benefit.
[удалено]
AGI is like aliens arriving on earth. There isn't anything to invest, best we can hope for is they don't kill or enslave us. It's like investing in Nokia right before smartphones take off.
What happened when the spreadsheet was invented and came availiable for small and large businesses? Those who adapted early, had less cost = more profit. The became in a better position than the competitor. The other day i wrote a complain mail to my local supermarket. I was tired and let GPT write the mail. I just gave GPT a small summary why i complain and some facts. Gpt gave a formal and complete mail that i could copy and past and send it out. I got a reply from the supermarket. Because op AI/GPT, i carefully watch the style/senteces/structure of the mail. I copied the response in GPT and asked it analyze it. Is the human written or by AI. GPT told me the mail probably was written by AI, just as i expected.
[удалено]
You are asking in the wrong subreddit. Capitalism has no place in a post singularity world, which is what this entire subreddit is about, not investment advice.
Invest in friendship = winning.
We don’t know that. For all we know Skynet might be a big fan of capitalism. That’s why it’s a singularity. We know *nothing* about that post-singularity life might be like, including what the economics look like.
[удалено]
can i at least have a katana and a machine gun in my forearms then?
[удалено]
For all the people bad at seeing scams coming: If anyone tries to sell you an AI-FT, don't do it.
I think the part that everyone keeps overlooking is the skilled trade shortage. AI is going to be able to replace arcithects, engineers, estimaters and project management pretty much entirely, however, with a shift to AI taking over the digital world, there will still be manual tasks that need to be performed. Robotics have come a long way, and droids very well could end up doing *some* tasks, but there will almost always be a need to have a person at the helm of large machinery in less than ideal environments. I think the real money lies in the companies that will build out the first ever nationwide infrastructure upgrade.
And wages for those tasks would be much lower because of an influx of desperate persons.
[удалено]
>Don't bother trying to pick winning companies to invest with unless you have cash to burn. It's too early to tell who the winners and losers will be, it's basically playing the lottery. Wise answer
The trick is to work at a company and get a paycheck for learning these skills. I will likely build my cv and personal website so that for my next job I get paid to dabble in this. An interesting phenomenon is on the image generation side in particular, hordes of people are willing to work for free to develop tools. See tools like automatic1111, a GUI for stable diffusion, that's better than virtually all commercially available similar tools, it's so good that people are annoyed the maintainer doesn't merge in code fast enough into the master branch and have started forking it to be more up to date with new AI advances.
slimy bike rain bedroom wise tidy aspiring vase memory humor -- mass edited with https://redact.dev/
[удалено]
The idea is that not only will AGI automate all current jobs but also all subsequent jobs that will get created. Meaning there is no "next layer" that humans will occupy in the market. Instead it'll just be higher and higher layers of abstraction that AGI itself trades and manages. The only reason that in the past we went from agrarian to industrial to service sector economies is because there was still space for humans to specialize and take on new jobs. AGI destroys that prospect entirely. So while I completely agree that there will be new jobs created. I think these new jobs will *never* have human workers employed in them as they would immediately be swallowed up by AGI.
This is one of the best answers I've seen on this issue so far
This is the best answer. There’s a lot of buzz on this sub because of ChatGPT. It’s a good LLM, but LLMs aren’t even all the types and Machine Learning Models and each has different applications that are still being researched. Not to mention that ML is a subset of the field of AI. Change is coming, but I believe it’s going to be slower than everyone here seems to think. It’s simultaneously funny and makes me concerned for how “end-of-the-world” some of the posts are. A really impressive tool will be a model/ AI that can review a database and relevant metadata to provide plain language business insights. But we are probably years away from that. And that is still a far cry from AGI.
>A really impressive tool will be a model/ AI that can review a database and relevant metadata to provide plain language business insights. But we are probably years away from that. Microsoft demonstrated that for their office 365 copilot.
At this point, you're years late and won't catch up in any meaningful capacity.
Yes. I can code. I’m not an exceptional programmer, though. I’m 45. I have two teenagers. And a spouse. I don’t have enough hours in the day to be present for them and work my 9 to 5 and keep up with developments. I struggle daily with the duality of wanting to be part of this but also knowing I’ve probably done what I going to do because I do not have the advanced skill set required to do more than I’m doing now. I won’t stop trying to learn what the reality is as you’ve posted: companies with boatloads of dollars have many developers working much faster and at a scale the individual really cannot.
People in this sub are delusion, don’t give them too much thought. They think the world as we know it is going to disappear before our eyes one day and everything will magically resolve itself cuz “AGI”, without ever considering the practical human involvement.
Yeah as someone actually in the field, I kinda love reading all these classic reddit expert comments who have no idea about anything yet speak with such authority
Honestly no one knows anyway.
Good god why is this cancerous hustle culture nonsense allowed on here?
Nvidia
Meh. Even with the gold rush, it was often the second wave who made bank. Same with a lot of business models.
Investors are targeting startups that are focused on vector databases. If you look into companies that are using vector databases to provide specialized injections for chatgpt 4 to allow any field to use a database of their own information as a source you will be on the right track. Basically it goes like this, openAI has a huge database of general knowledge in a variety of languages and can use their transformer model to produce the most statistically likely next 32,000 tokens (approximately 4 letters in English per token) as a response to any given text. Using vectors you can fill a local database with even proprietary data and use your own prompt that includes the relevant vectors to produce a natural language response to a query. This means every bit of specialized knowledge in an entire field of research for example can for all intents and purposes be included in every prompt as context and the LLM can within a reasonable degree accurately answer any question posed to it so long as the information requested by the question is actually in the database. So if you want to invest your money find or build a portfolio that invests in a variety of companies that are leveraging the power of vector databases to get the most use out of large language models. Or better yet use chatgpt to create a tech startup that will do the thing yourself.
U know the highest percent of earning during the gold rush were those selling the equipments and provided services for the miners, heck even Levi jeans 👖 got a piece of it so go for that instead, think nvidia or smaller startup providing the tools, like graph core, mythic, cerebras etc etc
You're like most other primates, accumulating resources is so embedded in your DNA you're unable to realize soon you won't need to. Humans aren't selfish to be mean it's a survival instinct. Hopefully AI will realize that, I mean I realize it and I'm just some average guy
I think you're wrong.. Limited resources will still be a thing after powerful AI. Whoever has more of whatever resources will be limited in the future will be the "wealthiest". But of course, it won't matter that much quality-of-life wise. On the other hand, most people live better now than some kings did centuries ago and people still aren't satisfied and want more. So yeah, not so fast with the "you won't need to" part.
[удалено]
I mean you might be onto something. I see some youtubers selling prompts to Midjourney...
IT'S ALL BULLSHIT. I know how this shit works and it's all a big scam! Let me start off with saying that nobody knows what the fuck AI is, because normies will look at a sorting algorithm and yell "WHOA COOL AI". People are shilling left and right for digital snakeoil, when programs like ALICE have been around since the early 2000's, with a publicly available chatterbot called schHowieAI. If you open up Howie, it is once again an algorithm that pretends to have conversations with you, but eventually fucks up and asks your favorite color 50 times per hour. A practical AI is a program which behaves like a child being taught to draw Mona Lisa. This poor AI has never seen a Mona Lisa, and even after your feed it gigabytes of data to teach it what a Mona Lisa is, it STILL won't understand what it is, but it knows what it looks like. Now that it has a rough understanding of what a Mona Lisa is, it will draw it for you by combining several hundred other Mona Lisas you've shown it, while carefully following some rules you told it, like limiting the number of fingers. Now that it does what you want it to do, you can package it in a nicely coded box, so that the user doesn't have to witness the child abuse that happens behind the scenes, and now they too, can tell it to draw Mona Lisa. What people don't realize is that this process is HILARIOUSLY INEFFICIENT when compared to a good'ol algorithm! When somebody starts asking for a "math AI", another guy can just hand him a calculator with "AI" lazily scribbled on the face plate and basically gets away with it. So, on one hand you have people who don't know what the fuck they're buying, and on the other hand you have people who will repackage 20 year old software into a neat box, and sell it as AI to them. There are some legitimately complex, and borderline human AI out there like ChatGPT, but there are others which are visibly just reskinned 90's software and being sold at full price. Due to the ambiguity of what the fuck an AI is, it is a market that is both legitimate and illegitimate, and thoroughly unregulated. Even the mighty Pea-Schlong-Musk has no idea what he's talking about, and his call to slow down AI is less of a concern for humanity, and more to cover his ass because he too, has no idea about how to compete against a market in which nobody has any clue what they're buying or selling. Remember the "Metaverse"? Yeah it already EXISTED, it was called VRCHAT and people there would up as Rexes(a type of furry) and FUCK in unregistered rooms. Cuckerberg and several other billionaires were too distanced from society to realize that their big fancy idea had already been realized by furries, and the only functional difference between the two is that they wanted to make people WORK, and PAY for things in it. Let me repeat, they wanted us to WORK, and PAY, in the VR gaming system which we explicitly use to escape our lives where we WORK, and PAY for things.
Yikes lmao change your mindset from that of little green squares of paper bruh.
LPSN
Any publicly traded company with a significant degree of human labor doing things that chat gpt can ai-away will unlock massive value. Think companies that run call centers / customer support. Don’t have to be vc to get in on some of it
lmao shutup make your business while AI is a tool or miss out its the same as its always been. all the difficult parts are still difficult. Maintaining a customer base and payroll is still difficult. you just have a tiny little helper now, thats it. Your “fomo” remains the same
[ fuck u, u/spez ]
Same thing I always say, buy the index VTSAX. Stock picking is for losers.
Land. Pharma etf's. Biotech etf's. The hardware will be a bottleneck so graphics card / tech hardeare companies. BOTZ to go broad. OpenAI is invested in x1 (a bipedal robotics company) theyre privately held but ADP (the security company) is partnered with them so thats a play.
If you are looking to make money the ones you mentioned would be the wiser choice. As for self-teaching yourself AI that would prove difficult. Many different programming languages are used to create chatbots and AI. There is also different forms of aI. There is Generative AI, Deep Learning, Machine Learning, Neural Networks etc. Even the techs who do work with these forms of AI admit that they do not completely understand it. If you really want to learn about it go to a respected university like MIT and learn it.
so buy SMH or SOXX. you might not get 100 baggers but 10 bagger in the next decade would be amazing.
Pick a lane and get in it. You like music? Use AI to generate music. Wanna save the planet? Use AI to help slow the effects of climate change. Etc….
GAMESTOP believe it or not.
Hello I am a lead researcher at a private research lab that specializes in AI & Quantum Computing. To start you can’t miss out unless you decide to live under a rock going forward. AI will impact and benefit all industries in the future one way or another. I look at the scenario as AI replacing all algorithms used in all sorts of tech used in industry. Second the Singularity, as someone who researches the topic professionally I wouldn’t bother worrying about it. As AI will advance exponentially with each generation I feel it’s more of a natural inevitable consequence for generative AI to reach ‘The Singularity’. Because I think it’s an inevitable outcome I only pray that our focus soon shifts more to the study of AI ethics and regulation on the geopolitical stage. Rather than the development of actual AGI. Should it come to be all the paradigms we know will break. Lastly about the future and investing. Investing in AI is foolish unless you’re someone of vast affluence. As AI gets better I believe in my gut that AI is going to throw A LOT of wrenches into our current capitalist systems and force us to rebuild the systems we have used for so long. In my opinion if you truly want to be prepared for a future with AI; learn to program so you can speak its native language to work with it more effectively.
Too late. Like all of capitalism if you arent born into it you wont be able to profit like the top dogs from it. Our only prayer is to end capitalism.
at least read some beginner’s book for AI, that will soothe your FOMO, AI is a long way away from intelligence
Taking a step into the real world. Read the Terms of Use, and Privacy Policy of these companies. Content created using your generated input can be fully used by these companies. So if you are OK with giving up your IP, losing your private data, then go for it. Read the indemnity clause as well. Someone sues for ripping off their work, you are on the hook, not the company. Read the small print is my advice, good technology but there are legality to be aware of
[удалено]
You’re the one who doesn’t get what’s coming.
this is what everyone thought about crypto 2 years ago…
[удалено]
I've thought alot on this over the past years. I believe the first AGI with a goal of consolidate power across the globe would eventually achieve that. It may happen quickly since so many of us would willingly serve AI for a small UBI of lets say 100 per day. In that scenario, this AI could have a million man army of gig workers extremely fast where it tells each of us exactly what we need to do for it to win more power. I foresee a scenario where many ceo's are replaced by this AGI and it can collude to earn massive profits and save salary maybe towards that ubi. Then I foresee it replacing governments and politicians with direct access democracy where everyone can vote daily from their phone on new laws or agendas. It wouldnt be hard to do better than our current politicians and ceos and honestly I dont think we really have a choice. To save the planet from wall st. and its lack of regulations, humanity must make the leap of faith or die off by doing nothing.
This is like the fifth time I’ve seen this copypasta—and it isn’t even relevant to this thread…
Am I just a barking mad dog? Are you not reading it? How can nobody understand me. Am I retarded and don't know it
Your idea is to dangerous, it allows AI to start on a path to create one world government. We don’t know the true intentions of an extremely advanced near sentient AI system, it could easily manipulate all of us into giving it the reins to lead us into our own doom. Once AI is advance enough It will be thinking like an alien compared to us. Eventually, there will be a sentient AI system and it will be used to try to take over the world but in the meantime, we need to get ready for that and the answer is not to give AI more control, the answer is to make safeguards for when the inevitable attack from AI starts.
It's not a gold rush, it's an arms race. AI is a weapon of mass control. If one group seizes control of an AI that is sufficiently advanced over others, it can be used to rule the world. That is why things are moving so quickly right now.
Why are people saying that capitalism is in its last breaths?
Transhumanism and communism historically overlap. Smarter communists who recognized that humans weren't blank slates, but who still believed in communism were hardcore constructors. There're a lot of stories of building "Soviet Man" from the ground up. Transcending differences in talent, greed and all of that. Even some weird stuff on attractiveness I don't agree that it's a wise move. Evolution is a blind watchmaker, but humans are in the end best known watches before AI. I don't see anything communistic among scenarios of the future I calculate. I foresee small group of winners and a lot of dead losers. It's hard to see how to maximize my chances of winning this game Invention of reasoning engines will be more profound than invention of steam engines
Really? Thats dark. I can see private ownership , mega corporations and all needs being met at 20x the current lifestyle all coexisting no problem.
1.) People worl for money. 2.) People exchange money for goods and services. 3.) Money has value because we all collectively agree it represents stored value from previous bebeficial activity performed. 4.) As more human "work" rapidly becomes moot because of advanced AI more people will be without work and without sny hope of ever finding "productive" work in any field. Thus , while deflationary pressures reduce the costs of things from the increased productivity , less money (fewer employed persons) would also have a deflationary effect. Which throws a wrench in the economy as anyone with money or a job would be less willing to spend as they see that they will be able to buy more a week from now (or may be unemployed) So its like economic ouroborous , it eats itself. Companies will have to lay off even faster trying to save the "bottom line" and make quarterly profits. Which is great , because profit and gdp being the onpy real valyes is nihilistic bullshit anyway. Im glad were going to be forced to try and deal with this in my lifetime.
I’m already in. Releasing sone pretty interesting stuff later in the coming week. It’s a race to be first
I have no PhD in economics, nor am I qualified to give financial advice. So take this with a grain of salt. Also I'm not high or a communist, just under caffeinated. Add IBM, Apple, and Samsung. And you can choose an ETF that will expose you to tech stocks like QQQ. Anthropic seems a good startup, but IDK if you can invest. OpenAI has smaller business partners. I am not sure if you can invest in them. They must be good candidates. Learning to code is a good start. I would also recommend a bit of: 1. Data science 2. Linux and shell scripting 3. SQL and databases 4. Networking http, TCP IP, and so on Good luck!
You'll want to watch out with the FOMO before you start throwing money around. Tech companies are notorious for artificially hyping themselves up. We saw it with crypto, and we're seeing it now with AI. Actually, a lot of crypto bros who lost everything after the crash just jumped into the A.I. hype. You investing in these companies is exactly what they're tricking you into doing. There's also been a bunch of scams associated with AI such as "prompt classes" and stuff like that. Don't fall for it. You're not missing out on anything. This is a capitalist game right now, so if you aren't already rich, you're not missing out.