Comment by nr378
4 hours ago
> The simple evidence for this is that everyone who has invested the same resources in AI has produced roughly the same result.
I think this conflates together a lot of different types of AI investment - the application layer vs the model layer vs the cloud layer vs the chip layer.
It's entirely possible that it's hard to generate an economic profit at the model layer, but that doesn't mean that there can't be great returns from the other layers (and a lot of VC money is focused on the application layer).
Whilst those other layers are useful, none of them are particularly hard to build or rebuild when you have many millions of dollars on hand.
One doesn't need tens of billions for them.
Yeah, because making good chips (TPU) and compilers (XLA) is notoriously easy, right?