I feel 5 trillion must be a misprint. This is like several years worth of American tax revenues. Conditional on this being true I would take this as significant evidence that what they have internally is unbelievably good. Perhaps even an AI with super-persuasion!
It is such a ridiculous figure, I suspect it must be off by at least an OOM.
This kind of strategy is rational once you’re sure that The Singularity is going to happen and it’s just a matter of waiting out Moore’s Law, there are benefits to being first.
Conditional on this being true, he must be very certain we are close to median human performance, like on the order of one to three years. I don’t think this amount of capital can be efficiently expended in the chips industry unless human capital is far less important than it once was. And it will not be profitable, basically, unless he thinks Winning is on the table in the very near term.
This article from the Wall Street Journal (linked in TFA) says developing human-level AI could cost trillions of dollars to build, which I believe is reasonable (and it could even be a good deal), not that Mr. Altman expects to raise trillions of dollars on short order.
Sam Altman was already trying to lead the development of human-level artificial intelligence. Now he has another great ambition: raising trillions of dollars to reshape the global semiconductor industry.
The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world’s chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. The project could require raising as much as $5 trillion to $7 trillion, one of the people said.
I feel 5 trillion must be a misprint. This is like several years worth of American tax revenues. Conditional on this being true I would take this as significant evidence that what they have internally is unbelievably good. Perhaps even an AI with super-persuasion!
It is such a ridiculous figure, I suspect it must be off by at least an OOM.
It is not a misprint.
This kind of strategy is rational once you’re sure that The Singularity is going to happen and it’s just a matter of waiting out Moore’s Law, there are benefits to being first.
Conditional on this being true, he must be very certain we are close to median human performance, like on the order of one to three years. I don’t think this amount of capital can be efficiently expended in the chips industry unless human capital is far less important than it once was. And it will not be profitable, basically, unless he thinks Winning is on the table in the very near term.
Yeah if your product can multiply GDP by a huge amount in the long run, basically any amount of money we can produce is an insignificant sum.
This article from the Wall Street Journal (linked in TFA) says developing human-level AI could cost trillions of dollars to build, which I believe is reasonable (and it could even be a good deal), not that Mr. Altman expects to raise trillions of dollars on short order.
That’s much more reasonable of a claim, though it might be too high still (but much more reasonable.)
It seems like the part that makes that claim is behind the paywall. Can you quote it?
Sure!