Elon Musk said Tesla is boosting compensation for its AI engineers to combat aggressive recruiting and massive offers from OpenAI The xAI/Tesla CEO is calling the AI engineer poaching the “craziest talent war” he has ever seen.
ECONOMY
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GPT-4 LLM Agents Spontaneously Collude on Pricing
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New paper finds GPT-4 is very good at pricing, acting as an agent to get a merchant the best price. In fact, it is a little too good. When it is possible to establish an oligarchy, LLM agents spontaneously collude on pricing to the detriment of customers! https://
arxiv.org/abs/2404.00806 -
Education Funding Practices and Teacher Quality Concerns
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Because they don't want to pay good money and get good teachers Money laundery on a different level!!
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Future Job Stimulus Programs: Economic Policy Ideas
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Idea for future job stimulus programs. https://t.co/uIbVgPKIqm pic.twitter.com/XQoQmsJIWe
— Ethan Mollick (@emollick) 4 avril 2024Idea for future job stimulus programs.
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Platform Structure Beyond Network Externalities Critique
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LOL I was like, aw, that's nice! And then I was like… Anyway, I appreciate the kind words! And I push back on the characterization of hopelessness. I don't argue against network externalities, or e-commerce, I simply say that the platforms as they're structured now are
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Ripple Launches U.S. Dollar Stablecoin in Regulated Market
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New: Ripple is launching its own U.S. dollar stablecoin. This is big. Stablecoins is a $150 billion market dominated by Tether & Circle. @bgarlinghouse isn’t worried. He says Ripple, unlike certain other issuers, is regulated and compliant.
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ClearBank Posts First Annual Profit After 91% Revenue Jump
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New: ClearBank, the UK embedded fintech powering Coinbase and Tide, reported its first full-year profit after a 91% jump in revenue. The firm is in no rush for an IPO, per CEO Charles McManus, who tells me it'll only IPO or sell up after US expansion.
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Measuring Astral’s Impact on Global Energy Consumption
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we are going to measure Astral's impact in terms of % global energy consumption
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Sustainable Revenue Models for GPU-Intensive AI Bot Development
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Being able to reliably generate revenue with every message allows developers creating bots with significant GPU inference costs or API costs to build sustainable, profitable businesses, and we are excited to see the ecosystem this enables. (3/4)
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Poe Implements Compute Points Pricing Model for Users
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With price per message, users will see the price expressed in terms of the same compute points that they are used to on Poe, and points will count toward their existing daily or monthly budget as a free Poe user or paid subscriber. (2/4)