A private family office. Nothing here is advice.

The Ether
Joined April 2021
“We were in the jungle. There were too many of us. We had access to too much money, too much equipment, and little by little, we went insane.” replace equipment with information and this quote perfectly describes the information age
We’ve measured the linguistic extremism of political media over Presidential campaigns since 2012. However bad you think it’s going … you’re not even close. The language of political extremism isn’t new in America. The scale and persistence is. epsilontheory.com/apocalypse…
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Mike Evans Checking to see the name on the back of the Jersey is an all-time Gif and trash talk moment that I wish I would have thought of.
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epochso retweeted
Still a useful strategy.
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any underdog users around? need an invite @underdogai
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— Fyodor Dostoevsky, 1866
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James Baldwin, what a line
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The loop for a foundation model co is now: Best model → demand shock → capacity constraint → ration via price → fund capacity → competitors absorb demand/share → capacity catches up → cut price → regain volume → next best model
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Really nice report. Follow up: why has the fall in AI prices been so fast? When you plot the price decline against cumulative R&D investment rather than time, you get the elasticity of price declines to R&D investment. By this margin, AI is not unusual – its price elasticity to R&D investment is squarely in the middle of Epoch's considered technologies. So the AI price fall is historically unprecedented because we've dumped money into AI R&D at a historically unprecedented rate – and that R&D has paid off at a very average rate.
AI is getting cheaper more quickly than any other transformative tech in history. At a given level of performance, cost has fallen ~47%/quarter since 2023. That’s 4× faster than DNA sequencing, 6× faster than compute, 18× faster than lithium batteries, and (up to 1973) 54× faster than electricity.
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Artists: but I don't want to lose my job. I love it. Mathematicians: but I don't want to lose my job. I love it. Economists: LONG HAVE I AWAITED THIS HOUR! DESTROY ME, EFFICIENCY, AND LET UTILIZATION-ADJUSTED TOTAL FACTOR PRODUCTIVITY RISE ON THE WIND OF MY ASHES!
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The best life advice is in old books:
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In light of the progress in mathematics, we at Edison Scientific and FutureHouse have assembled a set of Millennium Problems for Biology. They are chosen to be very hard to solve but very easy to validate in a simple laboratory environment. Any of these, if solved, would mark a major advance in biotechnology, and most of them would contribute materially towards curing disease. These are, in some sense, the “last reasonable eval” for AI in biology. This was work primarily by @MichaelaThinks and myself, with contributions from many others. Short descriptions below. The full descriptions of the problems with acceptance criteria are at the Bio Millennium Problems website, linked in the next post. Share more if you have ideas. If they meet our criteria, we’ll add them to our list (with attribution and permission).
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epochso retweeted
The best way to pace the frontier is to hold the labs fully liable for the behavior of their models.
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AWS: a million APIs Oracle: a million people GCP: a million deprecated products Neoclouds: a million waitlist entries for non existent clusters
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epochso retweeted
Richard White (Railroaded) on what continues to amaze historians: The ability to wipe out the memory of American investors, it's like they get a lobotomy every five or six years. theringer.com/podcasts/plain…
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By reducing the time people spend shopping, managing inventory, and building infrastructure, Amazon has created consumer surplus that far exceeds Bezos’s personal fortune. humanprogress.org/jeff-bezos…
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プーチン:73歳 トランプ:79歳 ネタニヤフ:76歳 ナレンドラ・モディ:75歳 習近平:72歳 年寄りが始めた戦争で、若者が死にます
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Let’s roll.
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epochso retweeted
holy shit, its actually happening
I think the plan is to get researchers to start using their AI with a limited compute budget, then once they have all the academic data, they’ll basically steal all their ideas from underneath them and run the research internally with their unlimited compute budget!
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epochso retweeted
this guy fucking called this months ago. openai asked researchers to come use their models and do research with them. now, a few months later: math researchers getting fucking scooped by the lab they trusted with their work. what a fucking precedent.
I think the plan is to get researchers to start using their AI with a limited compute budget, then once they have all the academic data, they’ll basically steal all their ideas from underneath them and run the research internally with their unlimited compute budget!
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epochso retweeted
>sam altman: "we tried this because there were rumor on the internet" >rumor: math professor close to solving navier-stokes >the professor: using codex for a year >openai: has all his logs >checked every codex session tagged to N-S >found the most promising one >spun up 10,000 agents to finish the proof where he couldn't >they got caught >told the guy if you say anything you'll destroy your own career >he ruins his career over this >openai: "we did not see his work" >also openai: "we cannot rule out that de-identified data from their usage helped improve our models" they stole it lmao
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