
Inspired by https://garymarcus.substack.com/p/smells-a-little-bit-like-ai-winter
Resolves extremely subjectively, based on whether it seems to me at the end of 2024 like AI progress has stalled and people have gotten much less interested in it.
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ595 | |
2 | Ṁ497 | |
3 | Ṁ419 | |
4 | Ṁ388 | |
5 | Ṁ327 |
@Metastable More debatable then. Things have clearly slowed down a little bit, but all the large companies are still getting ample funding, Elon is still pushing Grok in the culture war, o1 was itself an interesting advance; probably still NO.
@IsaacKing I am obviously biased as I had bet on this, but I do agree that we aren't in the AI winter yet. I have a feeling 2025-2026 will turn out to be a clear popping of the AI bubble, but we arent there yet.
I think the fact that we haven’t heard anything from @IsaacKing or in these comments for several months speaks volumes.
WSJ article came out yesterday: https://www.wsj.com/tech/ai/the-ai-revolution-is-already-losing-steam-a93478b1
@LeeWoods I disagree, and this is pretty much the crux for me. The money being pumped into AI needs to see some sort of return. Increasing training costs x10 isn't worth it anymore, it's extremely hard to increase revenues proportionally.
See OpenAI and their soft pivot (if you want to call it that) to mundane utility. With omni, they're making a push towards commercialization at current AI tech levels. It should also be clear at this point that SORA was announced for the purpose of shopping it around to potential business partners in Hollywood. I suspect that generation is too expensive to offer it at reasonable rates to random consumers (this was already my guess based on my domain knowledge, but now we have practical evidence as well)