This is a most excellent place for technology news and articles.
I sure hope they secretly sabotage on their way out to protect society
"AI businesses are putting profits over sanity and safety".
Remove "AI" from that sentence and you'll see that's just more normal business practices that have been going on for decades.
The real question is: what profit? It's a sink hole in a hope to maximize reach
This is a ball and cup game designed to create cashflow where there is none. The 'profit' is the assets, dividends and capital gains the shareholder class will syphon out before the bubble bursts.
What profits?
Now what does that tell us about the sanity and safety?
After $1T poured into global warming, why can't AI replace them ?
This is many companies right now.
Mine is run from the top down (all executives) by people who use LLM's for fucking everything.
Everyone fucking hates them at this point. We all think they are fucking trash.
The MBA class has long been this way.
Maybe it's time to grab some fellow employees and make an employee owned business.
I would love for this to happen in so many industries but everything takes so much capital to get started :/
What industry is your company in?
And it's not even working. Not one of the AI companies is profitable. So they're putting the hope for profits some time in the future over sanity and safety.
I don't think they even care about profits anymore.
Billionaires live in the balance sheet, not the P/L statements.
Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:
Nvidia offered OpenAI $100B in investment, money that it didn't have, as long as OpenAI gave that money back to Nvidia to lease GPUs that haven't been made, to then put in data centres that haven't been constructed, which will be powered by electricity that hasn't come online, to then rent to users who haven't subscribed, to provide them features that haven't come to fruition.
And hope you’ve propped up the economy enough by the end of it that the government has to ~~bail you out~~…sorry i meant provide a “backstop”.
Midjourney is profitable
Source?
Midjourney are the worse of the worse when it comes specifically training on stolen work from artists who dedicated their lives to it. They opened the floodgates to what we see now with mass theft of content by not getting sued into oblivion. Fuck them and their creepy little fuck face of a CEO.
They're also not providing a large language model, so they actually did have a path to profitability. It's keeping LLMs updated and running that costs so much money that companies trying to do so are losing billions, and Midjourney doesn't have that problem.
It's just that their path to profitability was built on plagiarism on an astonishing scale. You're spot on, they should have been utterly destroyed right at the start.
Couldn't agree more. They did really help greenlight "stealing everything is fair game" mentality. They came out before chatGPT gpt3 at the time LLMs were not hoovering everything including copyrighted content.
Just vibe code the AI. I'm sure it'll work perfectly.
If anybody leaves an AI company with a fat paycheck, promises to "be honest about the real problems," and then proceeds to regurgitate things the AI company CEOs say: be suspicious.
Exhibit A is Anthropic millionaire Mrinank Sharma, who only mentioned (future) peril from AI and AI-made bioweapons, two fictional scenarios on the short list that Anthropic officially endorses. It's a list of things that please Anthropic investors.
Real-world stuff like AI psychosis, poisoning people's air, or generating CSAM doesn't get a mention from him. There's no profit in acknowledging those things, so he won't.
Yep there is a deep attachment amongst AI boosters to certain doom and gloom scenarios that stem from their philosophical "think tanks" which use imaginary problems (e.g. "AGI 'misalignment' destroying the world through turning everything into paperclips") to lobby and alter our laws to benefit their real bosses -- anthropic, open ai, and friends.
That’s just every company isn’t it?
Not in my experience. Once their clients budgets get cut by funding cuts due to reality and they notice it doesn't do anything of benefit (on the clients side), they will be all "client first".
AI businesses are putting profits over sanity and safety.
All businesses are. That's what a business is. A legal entity that seeks to extract as much wealth from people as possible. They put profits before people as a matter of policy.
Limited liability corporations should be outlawed.
That's not what business is inherently; that's what capitalism is.
It's not even strictly what capitalism is about. It's some stupid bullshit interpretation that came out of the University of Chicago economics department.
Seriously, go look at Adam Smiths wealth of nations. The only mention of the "invisible hand" is so different from what is taught in economics now
… by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
It's not that we need no regulation. It's just trying to say that if we set things up correctly, we don't need to worry about people pursuing SOLELY their own personal gain. Because the market seeks out the "greatest value", which is not just about money. It's also the value to society as a whole.
Instead, we got the fucking bullshit from Chicago saying that the only / best way of measuring value is by profit.
Spot on. I wrote an essay on this exact topic
It's kind of funny how Adam Smith saw the need for moral philosophy to constrain greed in the economics of capitalism yet for most modern capitalists, capitalism is their moral philosophy 🤣
Every company does that. The difference is the AI companies will be broke soon and laying off all their staff so people are getting out before the collapse.
