WSJ: Audacious $5-$7 trillion investment would aim to expand global AI chip supply.
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Report: Sam Altman seeking trillions for AI chip fabrication from UAE, others
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I too would like to be given cash greater than the two highest market capitalizations in the world.
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So glad the foundation did the responsible thing and put him in charge while kicking the ethics-minded leaders to the curb.
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I'm beginning to suspect everything Sam Altman does is overstated by multiple orders of magnitude, including the capabilities / goals of OpenAI.
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Did he come up with the idea? Or is the AI in the back office starting to flex its muscles? 
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...that seems like a lot of money for something that will help us save humanity more quickly, surely.
/s
/s
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Did he have an AI write the proposal? Maybe that's why the numbers are so large, LLMs seem to be bad at math.
Joking aside I don't see how this is in any way a reasonable plan. Where is he expecting the money to come from? What's the ROI for investors expected to be? How does any of this even begin to make sense?
Edit: You know what, to put these numbers to scale, Microsoft's market cap is currently about $3 trillion. He's asking from about double that to more than double that. For a single venture: AI chips.
Joking aside I don't see how this is in any way a reasonable plan. Where is he expecting the money to come from? What's the ROI for investors expected to be? How does any of this even begin to make sense?
Edit: You know what, to put these numbers to scale, Microsoft's market cap is currently about $3 trillion. He's asking from about double that to more than double that. For a single venture: AI chips.
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Speed running the end of the world to make a few rich guys happy by not ever looking at, paying or dealing with a non rich person (99.99999% of us) ever again.
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I need trillions of dollars worth of AI in my life like I need a hole in my head
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ColdWetDog
Ars Legatus Legionis
The difference is that your clients are never going to make that money back.
Oh.... Wait.
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Yeah, great idea, let's get the world's most powerful and authoritarian fossil fuel magnates to oversee funding the most advanced technical innovations humanity has ever created. What could go wrong!
/S
/S
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Nah. The fossil fuel industry has the money to be evil and sociopathic in terrifyingly intelligent and inventive ways. Few things could be better for the environment than if they started taking direction from a chatbot that was mostly trained by shit dimwits wrote on Reddit.
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Hmmm 7 trillion dollars required.
So about $1000 for each person... in the world.
Sure... adds up.
So about $1000 for each person... in the world.
Sure... adds up.
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Putting aside the nauseating idea of spending that much money on computers, I remain convinced that GPU/TPU hardware will not solve GAI. I think we have to look at advancing neuromorophic hardware too slash the power requirements.
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I don't think this is an amount of money you can reasonably bring to bare on anything short of a civilization wide effort. It will be incredibly distortive of whatever sectors of the global economy it's pumped into, and have absolutely absurd opportunities for waste and graft. At a certain point, the amount of money being moved around becomes a thing into itself, with it's own gravity and momentum.
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Celery Man
Ars Legatus Legionis
Whatever happened to Altman’s eyeball-scanning crypto ball? Don’t tell me THAT didn’t work out…
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frau koujiro
Smack-Fu Master, in training
I had to do a cartoonish double-take upon reading the headline, because $5-7 trillion with a t is the kind of monetary value I would come up with as a kid... like according to Statista, a (very rough) estimate of global GDP in 2023 is something like $100 trillion. You're telling me that this Altman guy is seeking 5% of that (or roughly 20% of America's GDP) for producing semiconductor chips for ML processing?????? I swear he's on the same shit that SBF was (and probably is) on, because this doesn't make even an iota of sense!
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Roko’s Basilisk just doesn’t build itself, man!
Fuck that fucking thought exercise.
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What do you think the rate of return will have to be to justify investing 6 trillion dollars upfront? That's more than the spending budgets of many countries.
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Celery Man
Ars Legatus Legionis
AI really is the new crypto, isn’t it? Hogging all the silicon, wasting massive amounts of energy (and now real money), for something that’s ultimately a gimmick.
Oh noes people will have to write their own resumes and articles and Kamus posts again! Whatever will we do without LLMs?!
Oh noes people will have to write their own resumes and articles and Kamus posts again! Whatever will we do without LLMs?!
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With the report the other day that just bitcoin mining is already using 2+% of total US electrical demand, increasing chip production 10x to run a bunch of AI models is probably NOT actually that great an option from an environmental view.
https://meincmagazine.com/science/202...s-electricity-generation-now-goes-to-bitcoin/
https://meincmagazine.com/science/202...s-electricity-generation-now-goes-to-bitcoin/
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The more grandiose the claims and the tighter the timeline they urge, the more likely it is that they're utterly full of shit and just conning people as far as they can before it collapses. OpenAI got lucky in that LLMs etc. have some toy-like applications, but that may ultimately be to our detriment as it bolsters scammers like Altman.
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Don't worry everyone, I've got this. I'm happy to personally grant Altman $100 trillion out of my personal fortune.
It just happens to be in Zimbabwe currency.
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Sammy continuing to prove he is driven purely by money. Using a popular (and ineffective) gimmick to rake in trillions. He's wondering if the same people being fooled by LLMs are foolish enough to hand him money for the more logical offramp of instantly dominating the world's chip supply... ffs this guy is a blight...
Edit: just want to say this guy reminds me of a number of charismatic a holes who can pretend knowledge in order to fool investors, then when things begin going sideways, conveniently disappear and pretend they had nothing to do with it (see Boeing).
Edit: just want to say this guy reminds me of a number of charismatic a holes who can pretend knowledge in order to fool investors, then when things begin going sideways, conveniently disappear and pretend they had nothing to do with it (see Boeing).
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