Speaking for myself, I can't reasonably think of a way to have "acted on this knowledge to benefit myself" other than warning others in my personal life about the limitations of Machine Learning and the bubble I'm observing.
In my encounters, the people making money off the AI boom (that I feel is a bubble) are large entrenched corporations, and the AI start-ups that have flourished I've encountered had critical factors that would be impossible for me to replicate (Harvard/Princeston grads who have VC investment connections from their family).
The large corporations leveraging it haven't rocketshipped their stock price, and the start-ups that have really increased in valuation are all pre-IPO and aren't exactly inviting me to join in their series A funding rounds.
So all that's left to my observation to "act on this knowledge" would be to try to bafflegab some LLM snakeoil amongst the 1000s or 10ks of identical attempts, and honestly I don't see the LLM bubble being any more viable than any of the previous things (crypto, etc.)
So, is there something I'm missing on how to "capitalize on the knowledge" that the current AI trend is a bubble?
Just wanted to tag off my comment and say that the parent commenter wrote (and I guess subsequently deleted) a very smug "I'm laughing so hard at these replies, don't expect me to share my secrets if you're not smart enough to figure it out yourselves" reply.
Given they have their AI company in their bio, I guess they thought better of it and deleted it (https://atomictessellator.com)
Given their reticence in actually addressing the comments, I would presume they're happy that the company they founded long before the LLM boom that leverages AI is getting additional attention and/or funding thanks to it, despite being completely unrelated to LLMs.
That's good fortune and catching the wake of ChatGPT thanks to the general public's ignorance on the tech. Nothing to warrant such a smug, condescending tone on his part.
I think your characterisation above of AI companies as either entrenched, nepotism or snake oil speaks a lot to how you perceive the world.
Yep! I could see the rise of AI so I put my personal money where my mouth was, just like I did with crypto before that, and fat/thin client computing before that.
And I do see the futures ahead of time and I do act on them with my own money, taking the risk upon myself.
Correct, I’m not going to share info on competitive zero-sum opportunities with strangers for no reason.
I’m not ashamed of what I’m saying, that’s why there’s public information on who I am and what I’m doing on my profile (unlike you), my last comment was very sloppy as it’s midnight here, I deleted it because I couldn’t be bothered going down the rabbit hole.
And yes, I find these threads (mostly people’s expectations in them) enormously funny.
Oh and a minor correction: we actually use LLMs a lot! They are hugely helpful for writing esoteric input files for quantum chemistry packages, and we also have a custom LLM trained to produce crystal structures (this LLM has already made a new discovery in electric battery tech that has been verified in a lab!), so “unrelated to LLMs” as you wrote is very wrong, we consume their output and produce entirely new crystal structure generating LLMs!
In my encounters, the people making money off the AI boom (that I feel is a bubble) are large entrenched corporations, and the AI start-ups that have flourished I've encountered had critical factors that would be impossible for me to replicate (Harvard/Princeston grads who have VC investment connections from their family).
The large corporations leveraging it haven't rocketshipped their stock price, and the start-ups that have really increased in valuation are all pre-IPO and aren't exactly inviting me to join in their series A funding rounds.
So all that's left to my observation to "act on this knowledge" would be to try to bafflegab some LLM snakeoil amongst the 1000s or 10ks of identical attempts, and honestly I don't see the LLM bubble being any more viable than any of the previous things (crypto, etc.)
So, is there something I'm missing on how to "capitalize on the knowledge" that the current AI trend is a bubble?