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     16 Subprime Intelligence
     17 
     18 [17]Edward Zitron Feb 19, 2024 15 min read
     19 
     20 Please scroll to the bottom for news on my next big project, Better Offline,
     21 coming this Wednesday!
     22 
     23 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
     24 
     25 Last week,[18] Sam Altman debuted OpenAI's "Sora," a text-to-video AI model
     26 that turns strings of text into full-blown videos, much like how[19] OpenAI's
     27 DALL-E turns text into images. These videos — which are usually no more than 60
     28 seconds long — can at times seem impressive, until you notice a little detail
     29 that breaks the entire facade, like[20] in this video where a cat wakes up its
     30 owner, but the owner's arm appears to be part of the cushion and the cat's paw
     31 explodes out of its arm like an amoeba. Reactions to Sora's AI generated videos
     32 — and, indeed, the existence of the model itself — have ranged from breathless
     33 hype to outright fear that this will be used to replace video producers, in
     34 that it can created reality-adjacent videos that for a few seconds seem
     35 remarkably real, especially in the case of[21] some of OpenAI's demo videos.
     36 
     37 However, even in OpenAI's own hand-picked Sora outputs you'll find weird little
     38 things that shatter the illusion, where[22] a woman's legs awkwardly shuffle
     39 then somehow switch sides as she walks (30 seconds) or[23] blobs of people
     40 merge into each other. These are, on some level, remarkable technological
     41 achievements, until you consider what they are for and what they might do — a
     42 problem that seems to run through the fabric of AI. 
     43 
     44 We're just over a year into the existence (and proliferation) of ChatGPT,
     45 DALL-E, and other image generators, and despite the obvious (and reasonable)
     46 fear that these products will continue to erode the foundations of the already
     47 unstable economies of the creative arts, we keep running into the problem that
     48 these things are interesting, surprising, but not particularly useful for
     49 anything.
     50 
     51 Sora's outputs can mimic real-life objects in a genuinely chilling way, but its
     52 outputs — like DALL-E, like ChatGPT — are marred by the fact that these models
     53 do not actually know anything.[24] They do not know how many arms a monkey has,
     54 as these models do not "know" anything. Sora generates responses based on the
     55 data that it has been trained upon, which results in content that is reality-
     56 adjacent, but not actually realistic. This is why, despite shoveling billions
     57 of dollars and likely petabytes of data into their models, generative AI models
     58 still fail to get the basic details of images right,[25] like fingers or eyes,
     59 or tools.
     60 
     61 These models are not saying "I shall now draw a monkey," they are saying "I
     62 have been asked for something called a monkey, I will now draw on my dataset to
     63 generate what is most likely a monkey." These things are not "learning," or
     64 "understanding," or even "intelligent" — they're giant math machines that,
     65 while impressive at first, can never assail the limits of a technology that
     66 doesn't actually know anything. 
     67 
     68 Despite what fantasists may tell you, these are not "kinks" to work out of
     69 artificial intelligence models — these are the hard limits, the restraints that
     70 come when you try to mimic knowledge with mathematics. You cannot "fix"
     71 hallucinations (the times when a model authoritatively tells you something that
     72 isn't true, or creates a picture of something that isn't right), because these
     73 models are predicting things based off of tags in a dataset, which it might be
     74 able to do well but can never do so flawlessly or reliably.
     75 
     76 This is a problem that dramatically limits how much one can rely on generative
     77 AI, and it's one that compounds severely with the complexity of what you're
     78 asking it to do. Words can be copy-pasted and edited, and citations can be
     79 checked. Images, however, are much tougher to edit, and videos are an entirely
     80 different beast, especially if you're generating lifelike humans or animals.
     81 While Sora is interesting and potentially quite scary to filmmakers, it's
     82 important to consider some practical questions, like "how can someone actually
     83 make something useful out of this?" and "how do I get this model to do the same
     84 thing every time without fail?" While an error in a 30-second-long clip might
     85 be something you might miss, once you see one of these strange visual
     86 hallucinations it's impossible to ignore them. The assumption is that audiences
     87 are stupid, and ignorant, and "just won't care," and I firmly disagree — I
     88 think regular people will find this stuff deeply offensive.
     89 
     90 I believe artificial intelligence companies deeply underestimate how perfect
     91 the things around us are, and how deeply we base our understanding and
     92 acceptance of the world on knowledge and context. People generally have four
     93 fingers and a thumb on each hand, hammers have a handle made of wood and a head
     94 made of metal, and monkeys have two legs and two arms. The text on the sign of
     95 a store generally has a name and a series of words that describe it, or perhaps
     96 its address and phone number.
     97 
     98 These are simple concepts that we learn from the people and places we see as we
     99 grow up, and what's very, very important to remember is that these are not
    100 concepts that artificial intelligence models are aware of. When they see 20,000
    101 pictures with signs in them, they understand that signs look a certain way, and
    102 have some stuff on them, and then generate what's on the sign based on a user's
    103 request and their dataset's tags that match that request. Even when a model is
    104 fed exactly how a sign should be spelled out, it doesn't actually understand
    105 what that information means or how it should be used, because the instructions
    106 you are giving are based on your knowledge of signs and their contents, and the
    107 model has no knowledge of any kind.
    108 
    109 [26]AI fanatics are currently fantasizing over a world where they can put a few
    110 sentences into a prompt and create an entire series of TV, unable to realize
    111 that we are rapidly approaching the top of generative AI's[27] S-curve, where
    112 after a period of rapid growth things begin to slow down dramatically. While
    113 Sora and[28] other video generators like Pika may seem like the future (and are
    114 capable of some impressive magic tricks), they are not particularly adept —
    115 much like a lot of generative AI — at performing a particular task. Once you
    116 get past the idea that you can now generate an almost-useful video that lasts
    117 roughly a minute, one must consider the practical applications of this kind of
    118 product. Even Microsoft struggled to find compelling use cases for their $7m AI
    119 Superbowl commercial, and these use cases are even narrower once you realize
    120 that generative video is so much more restrained by its hallucinations. Where
    121 will Sora be useful?
    122 
    123 Even if the costs weren't prohibitive, one cannot make a watchable movie, TV
    124 show, or even commercial out of outputs that aren't consistent from clip to
    125 clip, as even the smallest errors are outright repulsive to viewers. And as
    126 I've suggested above, while these models might "improve," the billions of
    127 dollars burned by OpenAI, Anthropic and Stability AI's models have found few
    128 ways to mitigate the restrictions of an artificial intelligence that doesn't
    129 have an intellect. I am also completely out of patience when it comes to being
    130 told what it "will do" in the future.
    131 
    132 Generative AI's greatest threat is that it is capable of creating a certain
    133 kind of bland, generic content very quickly and cheaply. As I discussed in my
    134 last newsletter, media entities are increasingly normalizing their content to
    135 please search engine algorithms, and the jobs that involve pooling affiliate
    136 links and answering where you can watch the Super Bowl are very much at risk.
    137 The normalization of journalism — the consistent point to which many outlets
    138 decide to write about the exact same thing — is a weak point that makes every
    139 outlet "[29]exploring AI" that bit more scary, but the inevitable outcome is
    140 that these models are not reliable enough to actually replace anyone, and those
    141 that have experimented with doing so[30] have found themselves deeply
    142 embarrassed.
    143 
    144 Despite the frothy tales and visions of how generative artificial intelligence
    145 will automate our entire existence, there's a distinct lack of practical
    146 outputs that suggest that it is even capable of doing so. ChatGPT can spin up
    147 piles of anodyne business copy, yet its outputs always require enough editing
    148 that it's questionable how much time you've actually saved. Generative image
    149 models are capable of creating cool-looking images that can replace generic
    150 images that you might use in a project, but no matter how many different
    151 prompts you use, they all kind of look the same, and that's even before you
    152 notice how the minute details look off. Is a product that can only
    153 sort-of-kind-of do something[31] really going to create trillions of dollars of
    154 economic value?
    155 
    156 I don't argue it will,  at least not in such a way that anybody's lives will be
    157 improved.
    158 
    159 Shell Games
    160 
    161 I believe we're reaching the upper limits about what generative AI can do[32] 
    162 and how accurate its outputs can be, and I believe that once reality catches up
    163 with artificial intelligence's marketing, there will be a dramatic knock-on
    164 effect that savages the entire tech industry.[33] A Wall Street Journal article
    165 from mid-February told a worrying tale of OpenAI and Anthropic — the two
    166 largest AI companies — racing to sell their generative AI systems despite the
    167 prevalence of hallucinations, and how few answers they had for applications
    168 that were highly regulated or dealt with highly sensitive data. When pressed on
    169 the issue at a conference, Anthropic's Chief Science Officer Jared Kaplan was
    170 only able to come up with one idea — that it would make a model capable of
    171 saying "I don't know" to an answer, which in turn would create a situation
    172 where the AI would err on the side of caution, restricting its willingness to
    173 answer prompts at all.
    174 
    175 The Journal seems unalarmed about multi-billion-dollar companies having very
    176 few answers about the critical problem with their core product, but I'd argue
    177 that a generative AI's inability to reliably generate stuff is an existential
    178 threat that should have smothered these companies early in their lives.
    179 
    180 And there are so many stories about how unreliable this technology is.[34] 
    181 British delivery firm DPD recently had to shut down their generative support
    182 chatbot after a customer convinced it to write an insulting poem about the
    183 company.[35] A Chevy dealership's ChatGPT-powered virtual assistant ended up
    184 offering to sell a user a car for a dollar, and wrote a python script for
    185 another.[36] Fortune reported a researcher's study into Large Language Models'
    186 ability to understand SEC filings and found that many of them were regularly
    187 either unable to answer or hallucinating incorrect information, with Meta's
    188 Llama2 model getting 70% of the study's questions wrong.[37] A deeply foolish
    189 lawyer relied on ChatGPT to cite cases in a motion, only to find that it cited
    190 several non-existent pieces of case law. That lawyer — Steven A. Schwartz — was
    191 fined $5,000 and ordered to i[38]nform each judge incorrectly cited as the
    192 author of a non-existent verdict in the motion. In June of last year, OpenAI
    193 was [39]sued for defamation in Georgia by a radio host who claimed that ChatGPT
    194 generated a false legal complaint that accused him of embezzling money.
    195 Microsoft destroyed MSN.com — a page that gets nearly two billion viewers a
    196 month — by replacing its human staff with an artificial intelligence that[40] 
    197 posts made up stories about bigfoot and[41] stealing other outlets' stories and
    198 still getting the details wrong.
    199 
    200 It's also fair to question how many organizations are actually using it.[42] A
    201 McKinsey report from August 2023 says that 55% of respondents' organizations
    202 have adopted AI, yet only 23% of said respondents said that more than 5% of
    203 their Earnings Before Interest (EBIT) was attributable to to their use of AI —
    204 a similar number to their 2022 report, one which was published before
    205 generative AI was widely available. In plain English, this means that while
    206 generative AI is being shoved into plenty of places, it doesn't seem to be
    207 generating organizations money.
    208 
    209 There are indications that consumers have also lost interest. As [43]pointed
    210 out by Alex Kantrowitz’ Big Technology newsletter, traffic to ChatGPT on both
    211 mobile and web has started to stagnate, if not decline. In January 2024,
    212 ChatGPT had 1.6 billion visits — 11% below the all-time peak of 1.8 billion.
    213 This makes it only modestly more popular than Bing, which had 1.3 billion
    214 unique visits during that period. On the mobile front, ChatGPT has an estimated
    215 6.3 million US users — or 1.7 times less than the total of new Snapchat users
    216 added during Q4 2023.  
    217 
    218 Tech's largest cash cow since the cloud computing boom of the 2000s is based on
    219 a technology that is impossibly unreliable, a technology with a potent inverted
    220 Midas touch that burns far more money than it makes.[44] According to The
    221 Information, OpenAI made around $1.6 billion in revenue in 2023, and[45] 
    222 competitor Anthropic made $100 million, with the expectation they'd make $850
    223 million in 2024. What these stories don't seem to discuss are whether these
    224 companies are making a profit, likely because generative AI is a deeply
    225 unprofitable product, demanding massive amounts of cloud computing power to the
    226 point that OpenAI CEO Sam Altman is trying to raise[46] seven trillion dollars 
    227 to build chips to bring the costs down — though reports suggest that "the
    228 figure represents the sum total of investments that participants in such a
    229 venture round would need to make," which is basically the same thing. It’s
    230 also, incidentally, a greater sum than the GDPs of France and the United
    231 Kingdom combined. 
    232 
    233 While it's hard to tell precisely how much it’s losing, The Information[47] 
    234 reported in mid-2023 that OpenAI's losses "doubled" in 2022 to $540 million as
    235 it developed ChatGPT, at a time when it wasn’t quite so demanding of cloud
    236 computing resources.[48] Reports suggest that artificial intelligence companies
    237 have worse margins than most software startups due to the vast cost of building
    238 and maintaining their models, with gross margins in the 50-55% range — meaning
    239 the money that it actually makes after incurring direct costs like power and
    240 cloud compute. This figure is way below the 75-90% that modern software
    241 companies have. In practical terms, this means that the raw infrastructure
    242 firms — the companies that allow startups to integrate AI in the first place —
    243 are not particularly healthy businesses, and they're taking home far less of
    244 their money as actual revenue.
    245 
    246 Luckily for them, Anthropic and OpenAI aren't really at risk, because they've
    247 taken on an important part of the tech ecosystem — they're the tail of a very
    248 hungry snake.
    249 
    250 Turning On The Screw
    251 
    252 During the imaginary panic of Sam Altman's ouster from OpenAI last year,[49] 
    253 Semafor reported that Microsoft's $10 billion investment was largely made up of
    254 credits for their Azure cloud computing platform. In essence, Microsoft
    255 "invested" $10 billion in money that OpenAI had to spend on Microsoft's
    256 services, meaning that OpenAI would have to use Microsoft's "Azure" cloud
    257 computing service to run ChatGPT.[50] When Google invested $2 billion in OpenAI
    258 competitor Anthropic, it did so in tranches — $500 million up front and an
    259 additional $1.5 billion over a non-specific period of time. Coincidentally,
    260 this funding round took place only a few months after[51] Anthropic signed a
    261 multi-year deal with Google Cloud worth $3 billion, locking them into Google's
    262 compute platform in the process.[52] Amazon also invested $4 billion in
    263 Anthropic, who agreed to a "long-term commitment" to provide Amazon Web
    264 Services (Amazon's competitor to Microsoft Azure and Google Cloud) with early
    265 access to their models — and Anthropic access to Amazon's AI-focused chips.
    266 
    267 While Microsoft, Amazon, and Google have technically "invested" in these
    268 companies, they've really created guaranteed revenue streams, investing money
    269 to create customers that are effectively obliged to spend their investment
    270 dollars on their own services. As the use of artificial intelligence grows, so
    271 do these revenue streams, forcing almost every single dollar spent on AI into
    272 the hands of a few trillion-dollar tech firms.
    273 
    274 It's a contrived process with a fairly simple revenue stream.
    275 
    276 In the case of an AI company (or a business that has jumped upon the AI
    277 bandwagon), their website or app is integrated with OpenAI's ChatGPT or
    278 Anthropic's Claude via their APIs. The company pays on a[53] per-token basis
    279 for each input (request they make through their software) and output (thing
    280 that the model does as a result). When these requests are made, ChatGPT,
    281 Claude, or whatever model has to compute the result, which it does using
    282 massive amounts of cloud computing — which is bought from the cloud provider
    283 (say, Microsoft Azure or Google Cloud). As a result, every interaction with
    284 ChatGPT or Claude is, on some level, guaranteed revenue for one of the big tech
    285 firms. These were investments in the sense that money changed hands, but while
    286 it did so, big tech put giant handcuffs on the wrists of the AI companies that
    287 every startup has to use.
    288 
    289 Admittedly, you could argue that the same situation is true for the
    290 conventional Internet. Most websites are hosted by a third-party cloud
    291 provider. If you visit a site that uses an external company to implement
    292 functionality that would otherwise be too complicated to build themselves (like
    293 auth, or payment processing, or banking integrations), it’s a sure bet those
    294 companies are using Amazon, Microsoft, or Google for hosting. And so, without
    295 even realizing it, our online activity benefits a handful of already-powerful
    296 companies. The key difference is that, for the most part, people aren’t
    297 locked-in and can walk, either to one of the other big players, or to a smaller
    298 vendor like Rackspace or Linode. Moreover, the scale is different, and serving
    299 a webpage will always cost less than processing a request sent to a generative
    300 AI model.   
    301 
    302 These golden handcuffs have already led to massive swells of revenue for
    303 Microsoft,[54] increasing by 30% in the last quarter alone thanks to the
    304 increased usage of graphics processing units (GPUs) which have become essential
    305 to the power-hungry demands of AI applications. Google's investment in
    306 Anthropic was made in the hopes that it’d see a similar revenue multiplier, and
    307 I'd argue Amazon's was made in the same vein — though it was too late to force
    308 Anthropic to use AWS as their preferred vendor.
    309 
    310 Big tech has turned the startup ecosystem into a giant goldmine, one that
    311 guarantees that almost every dollar spent on any AI product is eventually
    312 shared with one of a few multi-trillion dollar tech firms. And on some level,
    313 it's become the savior of an ecosystem that hasn't had a new revenue-driving
    314 industrial boondoggle this exciting since the Software-As-A-Service boom of the
    315 2010s. Some might argue this is a situation where everybody wins — startups get
    316 funded because they're able to do new things, venture capitalists make money
    317 because their startups can actually get acquired or go public, and big tech
    318 makes money because everybody is forced to pay them even more money by proxy.
    319 
    320 I, however, have grave concerns.
    321 
    322 As it stands, generative AI (and AI in general) may have some use. Yet even
    323 with thousands of headlines, billions of dollars of investment, and trillions
    324 of tokens run through various large language models, there are no essential 
    325 artificial intelligence use cases, and no killer apps outside of[55] 
    326 non-generative assistants like Alexa that are now having generative AI forced
    327 into them for no apparent reason. I consider myself relatively tuned into the
    328 tech ecosystem, and I read every single tech publication regularly, yet I'm
    329 struggling to point to anything that generative AI has done other than reignite
    330 the flames of venture capital. There are cool little app integrations,[56] 
    331 interesting things like live translation in Samsung devices, but these are
    332 features, not applications. And if there are true industry-changing
    333 possibilities waiting for us on the other side, I am yet to hear them outside
    334 of the fan fiction of Silicon Valley hucksters.
    335 
    336 This entire hype cycle feels specious, though not quite as specious as the
    337 metaverse or cryptocurrency boom. Public companies are pumping their valuations
    338 and executive salaries off the back of artificial intelligence hype, yet nobody
    339 is saying the blatantly obvious — that this industry is deeply unprofitable and
    340 yet to prove its worth.[57] Artificial intelligence is so demanding of
    341 computing power that it may need as much electricity as an entire country,[58] 
    342 Microsoft and[59] Amazon are both investing billions to build even more data
    343 centers to capture demand for an unproven product, and[60] Sam Altman of OpenAI
    344 has said that the future of AI relies on an "energy breakthrough."
    345 
    346 This industry is money-hungry, energy-hungry, and compute-hungry, yet it
    347 doesn't seem to be doing anything to sustain these otherworldly financial and
    348 infrastructural demands, other than the fact that people keep saying that
    349 "artificial intelligence is the future." And[61] while some claim that AI can
    350 help fight climate change, it's impossible to argue that "suddenly using more
    351 and more power for a negligible return" is good for the environment.
    352 
    353 And if this wasn't already worrying enough, one has to wonder what happens if
    354 we face another economic panic, or if the hype dies down before OpenAI or
    355 Anthropic discover a way to make a profit. As it stands, OpenAI and Anthropic
    356 are heavily dependent on companies believing that they have to integrate AI
    357 into their products, which will require these companies to be able to find ways
    358 to integrate AI that users actually care about. And even if they manage to do
    359 that, will they do so in a way that actually turns a profit?
    360 
    361 If AI startups — by which I mean those companies integrating these models into
    362 their apps — begin to falter, so will the only real revenue stream that these
    363 companies have, making them more dependent on big tech to keep them alive. This
    364 situation is only made more problematic by the fact that these models are
    365 unprofitable, and Altman's desperation for a new chip company or energy
    366 breakthrough suggests that they'll only become more unprofitable as they
    367 generate more revenue.
    368 
    369 I hope I am wrong. I hope that the bottom doesn't fall out of AI, and that the
    370 startup ecosystem grows, and that this all becomes profitable and that
    371 everything will be fine.
    372 
    373 As it stands, I am terrified by how unstable this situation is and astonished
    374 at how brazenly money and energy is being burned in pursuit of an unsustainable
    375 future where big tech exerts more power over fledgling companies, and how
    376 despite multiple industry collapses hinged upon unsustainable and unprofitable
    377 businesses, Silicon Valley seems incapable of learning a single lesson.
    378 
    379 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
    380 
    381 Thanks for reading the newsletter.
    382 
    383 This Wednesday - 2/21 - I'll be launching my iHeartRadio Podcast "Better
    384 Offline," a weekly show exploring the tech industry’s growing influence over
    385 society, and how startups, venture capitalists and big tech firms are looking
    386 to change the future - for better or for worse.
    387 
    388 I'd be so grateful if you'd subscribe. Here're the links:
    389 
    390 Apple Podcasts:[62] https://podcasts.apple.com/us/podcast/better-offline/
    391 id1730587238
    392 
    393 Spotify:[63] https://open.spotify.com/show/2dBPt1j2DoNij1kVdx8Ig6?si=
    394 LY06yZufT7-syqE2OyHTYg
    395 
    396 Pandora:[64] https://www.pandora.com/podcast/better-offline/PC:1001084695[65]
    397 https://music.amazon.com/podcasts/a27a4803-938a-4aae-ab45-c28801d4722b/
    398 better-offline
    399 
    400 Overcast:[66] https://overcast.fm/+BGz69vFSlo
    401 
    402 iHeartRadio:[67] https://www.iheart.com/podcast/139-better-offline-150284547?
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    405 Share
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    407 About the author
    408 [73] Edward Zitron
    409 
    410 [74]Edward Zitron
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    450 [2] https://www.wheresyoured.at/
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    457 [12] https://www.wheresyoured.at/
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    459 [14] https://www.wheresyoured.at/sam-altman-fried/#/portal/
    460 [15] https://www.wheresyoured.at/signin/
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    462 [17] https://www.wheresyoured.at/author/edward/
    463 [18] https://www.nbcnews.com/tech/tech-news/openai-sora-video-artificial-intelligence-unveiled-rcna139065?ref=wheresyoured.at
    464 [19] https://openai.com/dall-e-2?ref=wheresyoured.at
    465 [20] https://twitter.com/tomwarren/status/1758203473881956689?ref=wheresyoured.at
    466 [21] https://twitter.com/OpenAI/status/1758192961496760376?ref=wheresyoured.at
    467 [22] https://x.com/OpenAI/status/1758192965703647443?s=20&ref=wheresyoured.at
    468 [23] https://x.com/OpenAI/status/1758192957386342435?s=20&ref=wheresyoured.at
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