Actually, obligatory:
Two economists are walking in a forest when they come across a pile of shit.
The first economist says to the other “I’ll pay you $100 to eat that pile of shit.”
The second economist takes the $100 and eats the pile of shit.
They continue walking until they come across a second pile of shit.
The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.”
The first economist takes the $100 and eats a pile of shit.
Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing."
"That's not true", responded the second economist. "We increased the GDP by $200!"
Printing companies need to take the technology from this precise ping pong machine and make printers that don’t jam after more than 3 pages https://t.co/gU9vdgctfl
The timing of @elonmusk data scraping rules and @OpenAI widening the release of "browsing" function are not coincidence. Pretty much all content/IP is going to need to move behind paywalls, to blockchain or something similar to charge microtransactions for interactions/pageviews.
I don't understand how ad based internet business models are going to work if you create content and then it's gobbled up by an LLM once and then shown to 1000s of people who might ask a similar question. Are advertisers paying when ChatGPT says "clicking on link"?
I've seen this specifically with travel related questions where LLMs will essentially spit out verbatim the suggestions of a travel blog. This is different from Google search because for the most part you still need to click on the link with Google to get answers and then served with ads.
@MattWalshBlog You can learn anything online for free these days. Universities have basically become social clubs.
That said, at least the technical disciplines do test your ability to do difficult homework for 4 years in a row.
harsh truth is, we all know not to keep alot of money on any exchange. Non of us knew this would happen. But we all knew not to keep too much. Just enough to trade with. We've seen many exchanges go down before, we still do it. Part of the blame is on us