• The End of Scaling?

  • Nov 19 2024
  • Length: 1 hr and 7 mins
  • Podcast

  • Summary

  • Multiple news outlets, including The Information, Bloomberg, and Reuters [see sources] are reporting an "end of scaling" for the current AI paradigm. In this episode we look into these articles, as well as a wide variety of economic forecasting, empirical analysis, and technical papers to understand the validity, and impact of these reports. We also use this as an opportunity to contextualize the realized versus promised fruits of "AI".(00:23) - Hot off the press (01:49) - The end of scaling (10:50) - "Useful tools" and "agentic" "AI" (17:19) - The end of quantization (25:18) - Hedging (29:41) - The end of upwards mobility (33:12) - How to grow an economy (38:14) - Transformative & disruptive tech (49:19) - Finding the meaning (56:14) - Bursting AI bubble and Trump (01:00:58) - The muckLinksThe Information article - OpenAI Shifts Strategy as Rate of ‘GPT’ AI Improvements SlowsBloomberg [article] - OpenAI, Google and Anthropic Are Struggling to Build More Advanced AIReuters article - OpenAI and others seek new path to smarter AI as current methods hit limitationsPaper on the end of quantization - Scaling Laws for PrecisionTim Dettmers Tweet on "Scaling Laws for Precision"Empirical AnalysisWU Vienna paper - Unslicing the pie: AI innovation and the labor share in European regionsIMF paper - The Labor Market Impact of Artificial Intelligence: Evidence from US RegionsNBER paper - Automation, Career Values, and Political PreferencesPew Research Center report - Which U.S. Workers Are More Exposed to AI on Their Jobs?ForecastingNBER/Acemoglu paper - The Simple Macroeconomics of AINBER/Acemoglu paper - Harms of AIIMF report - Gen-AI: Artificial Intelligence and the Future of WorkSubmission to Open Philanthropy AI Worldviews Contest - Transformative AGI by 2043 is <1% likelyExternalities and the Bursting BubbleNBER paper - Bubbles, Rational Expectations and Financial MarketsClayton Christensen lecture capture - Clayton Christensen: Disruptive innovationThe New Republic article - The “Godfather of AI” Predicted I Wouldn’t Have a Job. He Was Wrong.Latent Space article - $2 H100s: How the GPU Rental Bubble BurstOn ProductizationPalantir press release on introduction of Claude to US security and defenseArs Technica article - Claude AI to process secret government data through new Palantir dealOpenAI press release on partnering with Condé NastCandid Technology article - Shutterstock and Getty partner with OpenAI and BRIAE2BStripe agentsRobopairOther SourcesCBS News article - Google AI chatbot responds with a threatening message: "Human … Please die."Biometric Update article - Travelers to EU may be subjected to AI lie detectorTechcrunch article - OpenAI’s tumultuous early years revealed in emails from Musk, Altman, and othersRichard Ngo Tweet on leaving OpenAI
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