“Cars get better by some modest amount each year, as do most other things I buy or use. LLMs, in contrast, can make leaps.” – Tyler Cowen on AI

Must read if you’re interested in AI and its implications; Tyler’s commentary on the recent explosion of AI into the popular consciousness (driven in large part by ChatGPT) has been, in my view, the most realistic+pragmatic:

https://www.bloomberg.com/opinion/articles/2023-01-23/chatgpt-is-only-going-to-get-better-and-we-better-get-used-to-it

“I don’t have a prediction for the rate of improvement, but most analogies from the normal economy do not apply. Cars get better by some modest amount each year, as do most other things I buy or use. LLMs, in contrast, can make leaps.”

“I’ve started dividing the people I know into three camps: those who are not yet aware of LLMs; those who complain about their current LLMs; and those who have some inkling of the startling future before us. The intriguing thing about LLMs is that they do not follow smooth, continuous rules of development. Rather they are like a larva due to sprout into a butterfly.”

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