Accurate. For example, venture investing is making a series of multiple small bets where you have a knowledge / access edge, with limitless upside and limited downside.
@naval
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Open-Source Decentralized LLMs vs Closed-Source Competition
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The biggest near-term question in AI: Will open-source LLMs with decentralized training be competitive with closed-source and centralized LLMs?
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OpenAI Challenges Google’s Search Dominance With Premium Offering
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Google rests upon the implicit assumption that users won’t pay $20/month for much better search, and OpenAI may prove them wrong.
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Consciousness and Knowledge: The Limits of Awareness
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You cannot know anything more than your awareness, and you cannot know anything less.
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Microsoft Reportedly Planning AI-Focused Phone Launch
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Bet Microsoft ships a phone built around AI by the end of the year. (Look out, Apple / Google).
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Business Monetizes Specific Knowledge Not Academic Study
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Business is the activity you engage in to monetize your specific knowledge. It is not something to be studied and pursued in and of itself.
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Tech Workers Experiencing Growing AI Anxiety
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Feels like everyone in tech is developing “AI Anxiety.”
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AI in a Box: Who Controls Artificial Intelligence?
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Solution to the "AI in a Box" experiment: "Who wants to be God? First one to raise their hand, wins."
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Aligning AI Requires First Aligning Humans Building It
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Aligning AI is impossible because aligning the humans building AI is impossible.