Nobody ought to get superrich selling LLM-services: Anthropic’s IPO & the "airline scenario"; the problem is that back in The Day I was the same bear on Google & FaceBook, & I was very wrong...
I'm more with Brad's original take on Facebook, but it is taking a long time. The Facebook part of the Meta empire is slowly going the way of MySpaces--the youngs avoid it. Zuckerberg apparently realizes that monetizing WhatsApp aggressively will kill it quickly. I guess Instagram is doing okay. Zuckerberg's acquisition strategy hasn't yielded any more Instagrams lately. And Meta's in-house work--uhhhhhhh. Pervert glasses Mark 2?
OpenAI is Patroclus, right? Though I don't think their death will cause Zuck much anguish. He might even buy the corpse.
The most profitable application of AI won't be a translator from requirements to coding, but the old protection racket. AI will hack into enough computer systems that we'll all have to buy another AI for security-- an American frontier one to protect us from that reputed foreign AI.
Hey, was your analysis of marcus claude written? It felt it, with "load bearing" comment and the argument hedges. No shade here, brad, im here for it regardless...
I'm more with Brad's original take on Facebook, but it is taking a long time. The Facebook part of the Meta empire is slowly going the way of MySpaces--the youngs avoid it. Zuckerberg apparently realizes that monetizing WhatsApp aggressively will kill it quickly. I guess Instagram is doing okay. Zuckerberg's acquisition strategy hasn't yielded any more Instagrams lately. And Meta's in-house work--uhhhhhhh. Pervert glasses Mark 2?
happy paid subscriber to both DeLong and Marcus :)
I was piqued by your use [coughs at possible pun] of the term "user surplus." Users are users, not "consumers," after all, inside their own milieux.
The difference is that neither Google nor Facebook had the level of competition that Anthropic and OpenAI has.
OpenAI is Patroclus, right? Though I don't think their death will cause Zuck much anguish. He might even buy the corpse.
The most profitable application of AI won't be a translator from requirements to coding, but the old protection racket. AI will hack into enough computer systems that we'll all have to buy another AI for security-- an American frontier one to protect us from that reputed foreign AI.
Hey, was your analysis of marcus claude written? It felt it, with "load bearing" comment and the argument hedges. No shade here, brad, im here for it regardless...