Comment by neuroblaster
4 hours ago
No, it isn't sustainable. There is a paper called "The AI Layoff Trap"[1], it says that it is a prisoner's dilemma and this is why this dude feels like he's in an arms race.
On the other front, people are saying that NVidia can't deliver stable drivers for like 15 months and they don't want to take software updates at all, they are more happy with last year's drivers.
I think this is a black swan event in the industry. A lot of people already suffered and more people will suffer still. Industry is going to change for sure, but probably not in a way that you would expect. Black swan simply doesn't work that way, it doesn't change industry in a good way, hence black swan.
[1]: https://www.researchgate.net/publication/402969772_The_AI_La...
black swan is not a reference to the badness of blackness but the unlikelihood of something contradicting volumes of previous data.
Thus it can change industry in a good way or a bad way, because the black swan is unprecedented and unpredicted, its consequences and their nature is unsettled.
Traditionally in economics black swan is an unpredictable negative event.
The only thing that is unsettled here still is how many more people will lose their jobs and how much cumulative loss prisoner's dilemma will generate.
I saw random people on Internet suggesting to piggyback this disaster and dip into the crazy money that it is "generating", but in a zero-sum game somebody has to lose.
As I understand it, it's something unpredictable and high-consequence, not necessarily negative. The origins are in Hume's problem of induction. https://en.wikipedia.org/wiki/Problem_of_induction
The description I remember is the idea of holding the belief “all swans are white” until one encounters a black swan, and having to update their beliefs accordingly. What does this mean about swans?
But maybe that’s not the intended meaning either? It’s an interesting expression.
Yes. And ultimately the colour of swans in Western Australia impacts… almost nothing at all.
.. save decisions about cycling w/out lights around Perry Lakes at night.