Thread

1. digitaltrees · 1790530079 · focus · HN ↗

   I think any argument that this is a cynical attempt at regulatory capture is destroyed by this; the economic incentives of releasing more capable models are too large. I might be persuaded that they are actually running out of money, and this is really just a cover for reducing burn..

   I welcome this though, I think the models are smart enough for broad economic activity and we could spend a few years simply working to integrate them into workflows and letting society adjust. More intelligence isn't necessary for meaningful impact and the risks that are obvious and present and unsolved aren't worth the cost benefit analysis.

   1. prymitive · 1790530519 · focus · HN ↗

      That’s assuming nothing else stops them from deploying more capable models. What if they’ve got scaling issues and simply cannot deliver anything better? Saying that would be disastrous, saying instead “we’re choosing not to deliver” doesn’t trigger investors panic.

      1. digitaltrees · 1790531268 · focus · HN ↗

         But if anyone else releases something they will lose market share. They may be lying but this is a public disclosure to investors. They risk securities fraud if they are manipulating the market with false information. This could block their IPO if they build a public record inconsistent with private actions. There are ways they could mitigate it by using cautious language like “we may reduce” but “stop all” is categorical and unequivocal.

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