I never really get the cryptocurrency comparison. AI has an application beyond grift. Like, even if they stopped developing it now, an AI “style hints” in the style of spellcheck and grammar rule check would be a no-brainer as a thing to add to an office suite.
The valuations are totally and completely nuts. But, LLMs have little legitimate applications in a way that cryptocurrencies never will.
Also I’m going to go ahead and say that “it’s slightly better than classical NLP for grammar check but requires 10,000x as much compute resources” is not an improvement
Millions of people are using (and paying for) LLMs for their daily work. The number of people using crypto as an actual currency is a rounding error by comparison.
There's definitely similarities when it comes to the wave of hype and greed behind them both, but the fundamentals really are completely different.
Maybe not crypto, but LISP machine was gonna change the world for sure.
https://en.m.wikipedia.org/wiki/Lisp_machine
https://en.m.wikipedia.org/wiki/AI_winter
I never really get the cryptocurrency comparison. AI has an application beyond grift. Like, even if they stopped developing it now, an AI “style hints” in the style of spellcheck and grammar rule check would be a no-brainer as a thing to add to an office suite.
The valuations are totally and completely nuts. But, LLMs have little legitimate applications in a way that cryptocurrencies never will.
Also I’m going to go ahead and say that “it’s slightly better than classical NLP for grammar check but requires 10,000x as much compute resources” is not an improvement
The models are already trained… is inference so costly? It’s just a dot product or a matvec or something, right?
Lots of crypto boosters said that crypto had use cases beyond grift and that anyone who couldn’t see that was a moron.
Millions of people are using (and paying for) LLMs for their daily work. The number of people using crypto as an actual currency is a rounding error by comparison.
There's definitely similarities when it comes to the wave of hype and greed behind them both, but the fundamentals really are completely different.
2 replies →