If the main source of revenue is people buying stuff after seeing an ad on YouTube, then I agree with your point in the middle of the comment, that it seems hardly possible for the revenue to go 1.5 OOMs more by only 2OOMs on model size. I bet that there would be a big discontinuity here, where you need massive investment to actually see any significant improvement.
On the other hand, if the main source of revenue is money payed for the number of views of ads, then I believe a better model could improve that relatively smoothly. In part because just giving people interesting stuff to see makes them look at more ads.
Isn’t there a close connection between money payed for number of views of ads and people buying stuff after seeing an ad on YouTub? I thought that the situation is something like this: People see ads and buy stuff --> Data is collected on how much extra money the ad brought in --> youtube charges advertisers accordingly. The only way for youtube to charge advertisers significantly more is first for people to buy significantly more stuff as a result of seeing ads.
If the main source of revenue is people buying stuff after seeing an ad on YouTube, then I agree with your point in the middle of the comment, that it seems hardly possible for the revenue to go 1.5 OOMs more by only 2OOMs on model size. I bet that there would be a big discontinuity here, where you need massive investment to actually see any significant improvement.
On the other hand, if the main source of revenue is money payed for the number of views of ads, then I believe a better model could improve that relatively smoothly. In part because just giving people interesting stuff to see makes them look at more ads.
Isn’t there a close connection between money payed for number of views of ads and people buying stuff after seeing an ad on YouTub? I thought that the situation is something like this: People see ads and buy stuff --> Data is collected on how much extra money the ad brought in --> youtube charges advertisers accordingly. The only way for youtube to charge advertisers significantly more is first for people to buy significantly more stuff as a result of seeing ads.