What’s actually going to kill LLMs is when the sweet VC money runs out and the vendors have to start charging what it actually costs to run.
this post was submitted on 05 Oct 2024
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You can run it on your own machine. It won't work on a phone right now, but I guarantee chip manufacturers are working on a custom SOC right now which will be able to run a rudimentary local model.
Both apple and Google have integrated machine learning optimisations, specifically for running ML algorithms, into their processors.
As long as you have something optimized to run the model, it will work fairly well.
They don't want to have independent ML chips, they want it baked into every processor.
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You can already run 3B llms on cheap phones using MLCChat, it's just hella slow
This isn't the case. Midjourney doesn't receive any VC money since it has no investors and this ignores genned imagery made locally off your own rig.
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AI can make porn. It's not going anywhere.
He who holds the porn holds the power
Well, he holds something, anyway.
Watching cryptobros lose their life savings was my kink.
I have to say, the technology behind cryptocurrencies is brilliant, but unfortunately, it got misused and got ironically centralised.
NFTs are stupid.
Now with hype train dying, we could see some real use of AI.
You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.
But a currency is stable. Which means you don't magically make money by holding or trading it. So it doesn't get attention, and therefore doesn't get widely adopted.
Everyone likes Bitcoin because it's speculative digital gold.
There are plenty of people who want a digital equivalent to cash from a privacy perspective.
Crypto is the exact opposite of private. You literally share all your transactions with everyone.
I really enjoy reading about the investigations that follow any big crypto heist, where they track the stolen money through various exchanges etc. The Swindled podcast just did one about a pretty poor attempt to launder crypto (see Razzlekhan) and Darknet diaries did one on the much more competent (suspected North Korean) heist of eth from Axie Infinity and their various laundering efforts including through Tornado cash. It's surprisingly transparent in a lot of ways. It seems like stealing the money is often the comparatively easy part, and getting their huge sums out of crypto and into something they can use (while thousands watch the money like hawks) is much harder.
getting their huge sums out of crypto and into something they can use (while thousands watch the money like hawks) is much harder
That, my friends, is what NFT are is perfect at.
"Oh, what, tax authority? No, I didn't steal this money. I earned it legit by selling my newly-minted monkey NFT to some sucker for 100 ETH."
That gets your money into crypto, not out of it.
The full scheme works like this—
- Acquire dirty (criminally-obtained) cash or dirty crypto. You can convert dirty cash into crypto easily by buying peer-to-peer. Deposit this into Wallet A.
- Using a different wallet, Wallet B, mint an NFT and put it up for auction. You might consider paying a small sum of money to have it "sponsored" by a B-tier celebrity to make it seem more legitimate.
- Using the Wallet A, outbid everyone else and buy the NFT. Pay using the dirty crypto.
- Dirty crypto is transferred to Wallet B.
- Repeat this process as many times as desired.
- In the end, sell the crypto legitimately on a cryptocurrency exchange. Declare the crypto as income and pay tax as appropriate.
- If questioned by the authorities, you claim that you mint NFTs and that they were sold genuinely at public auction, purchased by an anonymous buyer.
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AI is useful, you just have to use it right. Most "titans of business" think it's a replacement for humans. It's infinitely obnoxious correcting them in a business setting.
NFTs of art was really not supposed to be anything more than a proof of concept. I think the original purpose of NFTs was to be able to have an NFT representing title to land or something that you could then barter or sell on the blockchain.
NFTs were created in a code jam and had no intents to become title transfer tools.
It was and always be limited by the amount of data the NFT can contain. They went with URLs because they are small enough to fit. An actual land deed title document? Too big to fit into an NFT. Simply not enough bytes to go around.
This was the strict limitation from the very beginning. The only thing an NFT actually verifies "ownership" of is a URL.
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NFTs and crypto were dubious as to the value they provided
LLMs on the other hand provide very tangible, immediate value to a large number of people
Also they allow companies to save a ton of money on support at the expense of the user experience so of course it's here to stay
It's still overhyped and being shoved into every app, service and system that exists whether it adds value or not.
Its definitely not going away, there's some real value to LLM/AI (much more than crypto anyway) but make no mistake there's going to be a significant correction where the bubble bursts and AI becomes right sized.
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I hope this is the case, but I don't really think so. I got a call Thursday from a friend and he told me he and his whole department were losing their jobs. He was pretty upset about it. Apparently management decided they could be replaced with AI.
He and his team manage a medium sized in-house developed management application. It's a combination of stock management, product management and sales tools. Because the products their company sells are pretty unique, they never found a good off the shelf application to do everything they wanted. So they developed their own and connected it to the off the shelf applications they have for ERP and CRM. Pretty slick and his team and him are praised across the company.
Apparently the IT manager had gotten a very impressive demo for Microsoft Power BI with AI integration. Using AI tools to realtime develop an application. He was so impressed he decided they were going to fire the in-house team and have an external company use the AI to develop a replacement tool. The external company said they could use very cheap people as the AI would do basically all the work. And it would be done before the notice on the current team ran out (2 months).
He called me kinda in shock about the whole thing. Like that's not realistic right? That's not something Power BI can do? With or without AI? And even with AI it can't do that on such short notice? I told him he was right, that's not how anything works and the IT manager got duped. Either way, they are out on their ass. Now they are very skilled people and will probably find new jobs right away, but it still sucks ass. AI sucks!
I recall the AI insights feature years ago being a mess, flagged patterns across dimensions, unrelated trends etc, useless noise to slog through, if not outright dangerous if people just assume everything is actionable, maybe it's gotten better but it's going to rely heavily on data quality, good governance, the model itself.
Straight up, this is not a good use case for Power BI, tabular is really good at aggregates and analytics, I'd not use it for management like this, especially if there's already an existing application, as an enhancement though yeah go ahead, but not a full on replacement.
I'd be willing to bet this won't be done in 2 months and certainly not to budget, to do properly you need to understand business context, data model etc. I'm guaranteeing this is going to be sludge with half-baked power apps, people will complain about the change. Shit the change management for end users will take more than 2 months, took us years to get people to switch off of a barely maintained shift summary report to a Power BI version and that actually was a good use of the tool.
This project gives me nightmares and I'm not even working on it.
None of those things are dead though?
go mention crypto or NFTs to a person on the street and i guarantee you will be laughed at immediately
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You're extrapolating from one data point, nfts are crypto
Everyone's trying to recapture the dotcom bubble; but they don't realize tech is gonna need considerably more money than they already have to do something that crazy again. Furthermore, when it comes to AI specifically, if you give them the money they need to actually achieve AGI, then there's a very real chance your investments will be worthless the moment they succeed.
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I really hope so, but AI has already left the techbro area, it's very mainstream now
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