Words are cheap. I really wish there was a way to incentivize authors like this to put their money where their mouth is, before seeking attention for their ideas.
Shorting a security means risking exponential losses if the stock you're shorting continues to increase in value. As the saying goes: the market can stay irrational longer than you can stay solvent.
What's your complaint about this article? I wish there were a way to incentivize comments to put effort into specific criticism, before seeking attention for their ideas.
I'm not aiming this at GP specifically, but there seems to be a culture around gen AI that the burden of proof is on sceptics, not the people claiming we're about to invent God
It's possible to notice a trend while still having the wit to realize you can't precisely time that trend well enough to profit from it. Another example might be, "Trump is increasingly old, feeble, and incapable of doing his job... but I'm not sure how that will translate into how long he's able to keep the job. It's possible that he could be a vegetable at some point and still POTUS."
Demanding that people gamble with their often limited finances to prove a point orthogonal to the one they're actually making feels disingenuous and dismissive to me.
It's not orthogonal. And you will find people will change their mind when forced to put a little money on the line.
"Team X is definitely winning, I'm certain". "So you'll offer me 1000-1 on the opponent?". "No". "6-1?", "No". They often realize they are about 65% certain at some point. And they often aren't being hyperbolic, they are just not thinking clearly.
twoodfin|1 month ago
Would love to hear how that could work.
CodingJeebus|1 month ago
gizajob|1 month ago
ctoth|1 month ago
And then maybe he might ... change the bet! when he was about to lose?
Maybe!
Who's to say, really? Certainly not me! I'm just a neural network!
miltonlost|1 month ago
jbreckmckye|1 month ago
everly|1 month ago
Many of his criticisms of OpenAI and LLMs have been apt.
EA-3167|1 month ago
Demanding that people gamble with their often limited finances to prove a point orthogonal to the one they're actually making feels disingenuous and dismissive to me.
danielmarkbruce|1 month ago
"Team X is definitely winning, I'm certain". "So you'll offer me 1000-1 on the opponent?". "No". "6-1?", "No". They often realize they are about 65% certain at some point. And they often aren't being hyperbolic, they are just not thinking clearly.