Will Meta or Alphabet outperform in 2023?

Alex

Will give the correct minority half credit for their votes (like a mostly correct prediction)

Well done @Alex @Bobby @Nikolas Kong @Todd Smith and @D J 

The beating it took in 2022 helped a lot, but while they both performed well in 2023, Meta’s rise was far greater.

Bobby

Nikolas Kong

Todd Smith

Well done @Alex @Bobby @Nikolas Kong @Todd Smith and @D J   The beating it took in 2022 helped a lot, but while they both performed well in 2023, Meta’s rise was far greater.

https://www.semianalysis.com/p/google-we-have-no-moat-and-neither?utm_source=substack&utm_medium=email

“Fascinating article - a leaked internal doc from a Google researcher stating that both Open AI and Google will lose the #Artificial Intelligence race to open source.

Who benefits? Amazingly, Meta, because their leaked model is what the open source community has been building off of” h/t @Alex 

——————

Amazing doc. Not sure what I think about it but definitely agree with "LoRA is an incredibly powerful technique we should probably be paying more attention to." ;)

Sam mentioned that GPT4 is result of 100s of manual/proprietary tweaks which seems like small moat tho.  

While I believe communities often beat companies, open vs closed is in a sense like Android vs iOS. You could argue the one who control both hardware and software architecture will control the user experience better and in turn fine tune the AI. And companies have the capabilities to do just that….

Artificial Intelligence

https://www.semianalysis.com/p/google-we-have-no-moat-and-neither?utm_source=substack&utm_medium=email

Fascinating article - a leaked internal doc from a Google researcher stating that both Open AI and Google will lose the AI race to open source.

Who benefits? Amazingly, Meta, because their leaked model is what the open source community has been building off of

https://www.semianalysis.com/p/google-we-have-no-moat-and-neither?utm_source=substack&utm_medium=email  Fascinating article - a leaked internal doc from a Google researcher stating that both Open AI and Google will lose the AI race to open source.  Who benefits? Amazingly, Meta, because their leaked model is what the open source community has been building off of

Leaked Internal Google Document Claims Open Source AI Will Outcompete Google and OpenAI

Google "We Have No Moat, And Neither Does OpenAI"

https://www.semianalysis.com/p/google-we-have-no-moat-and-neither?utm_source=substack&utm_medium=email  “Fascinating article - a leaked internal doc from a Google researcher stating that both Open AI and Google will lose the #Artificial Intelligence race to open source.  Who benefits? Amazingly, Meta, because their leaked model is what the open source community has been building off of” h/t @Alex   ——————  Amazing doc. Not sure what I think about it but definitely agree with "LoRA is an incredibly powerful technique we should probably be paying more attention to." ;)  Sam mentioned that GPT4 is result of 100s of manual/proprietary tweaks which seems like small moat tho.    While I believe communities often beat companies, open vs closed is in a sense like Android vs iOS. You could argue the one who control both hardware and software architecture will control the user experience better and in turn fine tune the AI. And companies have the capabilities to do just that….

The Federal Trade Commission is seeking to stop Meta Platforms from launching any new products until the company can prove that it is complying with the FTC’s past orders around Meta’s privacy practices (more here - https://www.theinformation.com/briefings/ftc-seeks-to-block-meta-from-profiting-off-data-from-young-users?utm_campaign=article_email&utm_content=article-10417&utm_source=sg&utm_medium=email&rc=gzsl71).

The Federal Trade Commission proposed major new restrictions on Facebook owner Meta Platforms, including preventing the company from releasing new products until it can prove its privacy program is in

Alex

A group of likeminded people in The Most Important Thing are talking about this.