Comment by duncangh
15 hours ago
Yeah this seems to me similar to how the mortgage backed security risk concentration occurred leading up to the global financial crisis. Whereby the risk from exposure to low grade / risky single mortgages was eliminated via diversification but the diversification was simply packaging all of the risky MBS’s together and in no way diversified or de-risked the entire portfolio
I'm hoping that the Big Horrible Realization comes sooner rather than later, when we have less collective damage and pain riding on it. (Plus I'd feel personally vindicated.)
I don't see it. To me it's like having e.g. 3 drunk PhDs arguing between each other to settle on truthful answers to questions.
But the problem with LLMs is that they get the facts wrong. PhDs are PhDs because they’d look it up in an authoritative source, or actually find out through research and experimentation. The whole point is that facts aren’t a matter of opinion. The only people that argue over documented, findable facts are idiots that nobody should listen to.