It was Demis or Sundar.
They picked Sundar.
MARKET TRENDS
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Sundar Pichai Selected Over Demis Hassabis for Leadership Role
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Drama at OpenAI and Google versus FAIR’s smooth creation
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What this NYT article tells us about the genesis of the new AI industry is that there was a lot of drama at Google, DeepMind, OpenAI, and Anthropic. Comparatively, the creation of FAIR was straightforward and drama free. https://
nytimes.com/2023/12/03/tec
hnology/ai-openai-musk-page-altman.html?smid=nytcore-android-share
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BigLaw Salary Coordination Responds to Tech Wage Competition
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BigLaw cartel (I think that is a reasonably fair characterization for a group of nominally competing firms capable of synchronizing a salary schedule) updates monopsony to compete with tech/etc wages.
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Long-term Research Impact in Large Established Companies
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The point is that it is much easier to have a large impact with long-term basic research in a company that has a very large, profitable, and diverse business.
In practice, that means large companies that are sufficiently well established to not have to worry about short-term -
E/acc Movement Gains Momentum Despite Forbes Controversy
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Standing in solidarity with @beffjezos and the e/acc movement. It was a lame move by Forbes, but we won't be deterred. It's time to accelerate even more…
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Charlie Munger’s Incentive Principle Shapes Investment Outcomes
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Charlie Munger was a remarkable figure in the world of investing. His recent passing is not just a loss for the business community but for everyone who learned from his unique insights. One of my favorite Munger sayings is: “Show me the incentives and I’ll show you the outcome.”
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Financial Times Business Book Award 2023 Shortlist Announcement
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Honored to have made the shortlist for the Financial Times Business Book of the Year Award 2023! tune in on Monday for the announcement #BBYA23 https://
businessbook.live.ft.com/page/2652296/t
he-shortlist
… It's a formidable lineup -
Non-obvious AI developments beyond major corporate shake-up
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For Friday’s issue, a recap of some of the non-obvious stuff that happened in AI outside of that one guy getting kicked out of the office for a bit
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Cloud Compute Consumption Shift Driven by AI Growth
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The other big shift we're seeing is a change in consumption in cloud compute. Snowflake's earnings signaled that there would be a rebound in consumption based pricing, and you hear about it more these days among startups. AI isn't the whole story, but it seems like a big part.
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November AI Breakthroughs: Startups and Cloud Business Shifts
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A lot happened in November in AI! And not just that one thing about that one big company. We saw a lot of big movement with startup launches and releases, as well as what feels like a big shift looming in one of cloud's most popular business models.