this post was submitted on 28 Jan 2024
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It literally cannot come up with novel solutions because it's goal is to regurgitate the most likely response to a question based on training data from the internet. Considering that the internet is often trash and getting trashier, I think LLMs will only get worse over time.
Hi, I don't want to say too much, but after being invited to some closed AI talks by one of the biggest chip machine manufacturers (if you know the name, you know they don't mess around), I can tell you AI is, in certain regards, a very powerful tool that will shape some, if not all, industries by proxy. They described it as the "internet" in the way that it will take influence on everybody's life sooner or later, and you can either keep your finger on the pulse or get left behind. But they distinguished between the "AI" that's floating around in the public sector vs. actual purpose-trained AI that's not meant for public usage. Sidenote: They are also convinced the average user of a LLM is using it the "wrong" way. LLMs are only a starting point.
Also, it's concerning; I'm pretty sure the big boys have already taken over the AI market, so I do not trust that it will be to the benefit of all of us and not only for a select group (of shareholders) that will reap the benefits.
Yeah you definitely went to a marketing thing and got marketed to
Again, none of the people at this talk have anything to do with selling a product or pushing an agenda or whatever you think. There is no press, there is no marketing, there is no product - it was basically a meetup of private equity firms that discussed the implementation and impact of purpose-trained AI in diverse fields, which affects the business structure of the big single-family office behemoths, like an industry summit for the private equity sector regarding the future of AI and how some plan to implement it (mainly big non-public SFOs).
Sometimes people just meet to discuss strategy; no one at these talks is interested in selling you anything or buying anything - they are essentially top management and/or members of large single-family offices and other private equity firms. They are not interested in selling or marketing something to the public; they are not public companies.
It's weird how you guys react; not everything is a conspiracy or a marketing thing. It's pretty normal in private equity to have these closed talks about global phenomena and how to deal with it.
These talks are more to keep the industry informed. I get that you do not like it when essentially the big SFOs have a meeting where they discuss their future plans on a certain topic, but it's pretty normal that the elite will arrange themselves to coordinate some investments. It's essentially just the offices of the big billionaire families coming together to put heads together to discuss a topic that might influence their business structure. But, in no way is it a marketing strategy; it would, on the contrary, be negatively viewed in the public eye that big finance is already coordinating to implement AI into their strategy.
But feelings don't change facts. My point is if the actual non public big players are looking at AI in a serious matter, then so should you.
Its not a conspiracy... You are obviously not involved in the actual ML/AI, but another sector. You aren't speaking in any technical explaination.
A lot of us are involved in the technical aspect and understand what is being said by management.
I never argued that I was in IT/Tech; I deal with investments and PE. I have nothing to do with IT or tech. My point is we, in the PE/FO sector, are going to invest in AI businesses in 24/25, not only in the "B2C market" but mainly in the B2B market and for internal applications. Whether you believe it or not, it's gonna happen anyway.