While I love the sentiment; I’m reading this decision by S&P as just about not bending their rules. AI is not thriving fast/convincingly enough to break tradition of big finance; I don’t think that makes S&P an ally. And I suspect this means they’ll just be joining a bit later.
S&P Dow Jones has a history of making companies earn it, including previous Elmo ventures.
I’m not bullish on any of it, and I’m desperately trying to exit AI holdings as swiftly as I’m able, but I am deeply comforted by major indexes requiring companies demonstrate profitability or at least meaningful actual revenue beyond the self-dealing that we’ve seen between the IPO hopefuls.
ngl if AI dies i hope we get more ethical models, open-weight models (mostly) solve this, but it would be cool if it was trained only on public domain.
Unless the AI is going to give us a cure for cancer or something I’m not really bothered. Seriously the environmental cost is ridiculous I don’t care how open weight they are they still practically need a fusion reactor in order to operate and increase the temperature of the local environment by 12°
IMHO I’m kinda glad it was trained on all the forum posts I made during what turned out to be the golden age of training data. Now the LLMs sound a little bit like me.
Lol, they got told to fuck off for not being profitable.
While I love the sentiment; I’m reading this decision by S&P as just about not bending their rules. AI is not thriving fast/convincingly enough to break tradition of big finance; I don’t think that makes S&P an ally. And I suspect this means they’ll just be joining a bit later.
‘A bit later’ is really all the is required to meet the standard. https://www.cnbc.com/2020/07/21/tesla-isnt-a-gurantee-for-the-sp-500-even-with-year-of-profits.html
S&P Dow Jones has a history of making companies earn it, including previous Elmo ventures.
I’m not bullish on any of it, and I’m desperately trying to exit AI holdings as swiftly as I’m able, but I am deeply comforted by major indexes requiring companies demonstrate profitability or at least meaningful actual revenue beyond the self-dealing that we’ve seen between the IPO hopefuls.
This stock is more fitted to nasdaq anyway, and I think they said they would bend overbackwards for them and change their rules.
ngl if AI dies i hope we get more ethical models, open-weight models (mostly) solve this, but it would be cool if it was trained only on public domain.
Unless the AI is going to give us a cure for cancer or something I’m not really bothered. Seriously the environmental cost is ridiculous I don’t care how open weight they are they still practically need a fusion reactor in order to operate and increase the temperature of the local environment by 12°
IMHO I’m kinda glad it was trained on all the forum posts I made during what turned out to be the golden age of training data. Now the LLMs sound a little bit like me.
Except you can be sure they downranked the influence of the left.
And I for one don’t want some clanker pretending to be me online.
That’s not AI dying. That’s just ethical AI… Which should absolutely happen. Same for GMOs
Not making criteria at the start doesn’t mean AI is dying.