Category: Money

  • Sam Altmans outrageous 7 Trillion AI Bet: For what?!? From who?

    Sam Altmans outrageous 7 Trillion AI Bet: For what?!? From who?

    On Feb 8, 2024 the Wall Street Journal broke the news that our favorite AI wunderkind, OpenAI CEO Sam Altman, was making the global rounds again (primarily to China and Arab States this time… interesting), this time trying to raise an alleged $7 trillion. (that’s 7,000 billion, or seven million million dollars!) So what in…

  • OpenAI: The 800 pound gorilla

    OpenAI: The 800 pound gorilla

    OpenAI, under Sam Altman’s leadership, is responsible for the creation and upgrading of: a) ChatGPT, which is, to date, the most viral software ever, having achieved 1,000,000 (one million) registered users in the space of 5 days (and now, 100 million users in the space of 60 days), and has been the darling of the…

  • ALTMAN FIRED: The Prematurely Reported Death of Mr. Altman – 11/17/23

    ALTMAN FIRED: The Prematurely Reported Death of Mr. Altman – 11/17/23

    BREAKING NEWS // TUES // NOV 21, 2023 // 10PM PST SAM ALTMAN RETURNS TO OPENAI IN TRIUMPH.  TONER & MCCAULEY EJECTED FROM BOARD. NEW BOARD ESTABLISHED. NADELLA GOES INTO THERAPY. SUTSKEVER GROVELS & PRAYS. BACK TO WORK. Eric Schmidt sums it up: “It’s pretty simple: The board fires Sam. Sam fires the board.“ <TL/DR>…

  • AI forecast 2030: Hypercapitalism, AutoCorps & the shocking Future of Humanity

    AI forecast 2030: Hypercapitalism, AutoCorps & the shocking Future of Humanity

    We’ve now had an entire year for the mainstream populace to play with and grasp the consequences of a superintelligent AGI — namely, ChatGPT (and its siblings, children, and distant cousins). Now, it’s time to look at our AI forecast, and what that bodes for us and our civilization. For ease of digestion, I’ve broken…

  • LLM training cost: are Astronomical Increases sustainable past 2023?

    LLM training cost: are Astronomical Increases sustainable past 2023?

    What does LLM training cost? How much does it cost to train an AI these days? There was a time, when an AI training run could be done on a small cluster in your server room, across a couple of hours, or at most, days. That was cute. And ironically, we may someday return to…

  • 10 Trillion Dollars (USD): What happens when the Accelerationistas Win

    10 Trillion Dollars (USD): What happens when the Accelerationistas Win

    I recently returned from the first annual(?) TED/AI Conference, and one particular presenter, Cathy Wood of ARK Investments, exploded my brain and ushered me into new ways of thinking. The reason? Quite simply, her casual (and authoritative!) tone as she talked about emerging industries which were expected to be measured in numbers well north of…

  • the New Manhattan Project: AGI 1.0

    the New Manhattan Project: AGI 1.0

    Humanity has a New Manhattan Project …a new Apollo Moonshot Program, but this one is not run by the government. It is run by private corporations, who have no accountability to the people… their only accountability is to profitability. The project? To build… ASI: an AI that eclipses human intelligence The fact? We’re getting very…