7 Comments

"C3 and SoundHound are not developing the next iteration of ChatGPT any more than Canopy Growth CGC 0.00 was going to be the next Anheuser Busch InBev BUD -0.09%↓ or 3D Systems was going to power a worldwide network of specialized micro-factories."

Got a good chuckle. Good piece

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Apr 7, 2023Liked by Vince Martin

As almost always seems to be the case, I agree with most of your investment conclusions.

Investing aside, if there is a systematic error in evaluating generative AI, it seems more likely that the error is in underestimating its technological potential and societal impact based on its current capabilities.

Consider, for example, that GPT-4 is "10 times more advanced than its predecessor, GPT 3.5".

https://www.searchenginejournal.com/gpt-4-vs-gpt-3-5/482463/#:~:text=GPT%2D4%20is%2010%20times%20more%20advanced%20than%20its%20predecessor,more%20accurate%20and%20coherent%20responses.

I don't know if 10x is the right number, but for the purposes of this thought experiment it doesn't much matter. Consider how long it took to go from v 3.5 to v 4.0, and now compound that rate of progress. Over 12 months. 24 months. Ten years.

With apologies to Albert Einstein (I'm no Albert Einstein) and his Eighth Wonder of the World, the implications of what we've stumbled upon are truly mind-boggling.

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Apr 6, 2023Liked by Vince Martin

Great read, thank you!

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