The intellectual arrogance of the AI labs is just the next from of intellectual arrogance from Silicon Valley. I've seen the exact same arrogance from everything in SV for the past 15 years; it's probably been going on longer, but I wasn't in a position to notice then

Is this really 'when genius fails' or actually another 'we're very bad at identifying genius'?

It's a word that's thrown around a lot (particularly in tech) that rarely has much to back it up. Often, it seems to be used for 'confident young man', or even 'grifter', and then when the idol falls, the same people quietly focus on lionising someone new.

Great read, though huggingface is French, not American

> It’s much easier to say someone else’s job is going to be fully replaceable by AI when you don’t actually know what they do.

This exactly. As someone who once lived in Silicon Valley and then ended up interviewing 700+ CxO's of profitable (or nearly profitable) SaaS businesses in various domain specific fields, it amazes me how many prominent "experts" in SV believed they were consistently "right" simply because they made enough bets to eventually get one right. Maybe not in enterprise value terms, but in volume of companies there are FAR more successful and profitable SaaS businesses that you've never heard of because they were started by entrepreneurs in their respective domains (the MD who started an EHR platform or the truck driver who started a TMS solution, etc.).

This goes to show that everyone is an expert in a bull market, where everything you buy can go up. (until it doesn't)

Ahh well. Let them fail if it's so obvious they will. Let the financiers fail too since they're all so dumb.

There's idiocy and overconfidence everywhere. When more money is involved, I guess it's more entertaining to watch. At least they're trying something. Maybe there's more effective ways to fleece people of their money that yield greater societal benefits, but I think there's some beauty in someone thinking they have it all figured out being able to lose their money on a shitty bet.

Now once they cry for government help, that's where I care.

The failure of an over-leveraged hedge fund run by someone with no investing background who was just regurgitating what other people have been saying does not mean that labor markets are going to survive. The author has intellectual arrogance of his own to consider.

Everyone has some sort of category error to an extent. But more than that, the part about safety guardrails really resonates with my experience. I inevitably have to go down to the low-level to inspect memory, but because of safety issues, I can barely use Codex as it keeps prompting me for 'trusted access.' AI is actually really good at catching bugs, so I'd love to use it, but it does this every single time...