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Gary Marcus

πŸ‘€ Speaker
596 total appearances
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Appearances Over Time

Podcast Appearances

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

Their intelligence is still limited, and we probably need a completely different approach.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

You know, I like to have a metaphor of climbing mountains, right?

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

And you could get to the peak of one mountain and think, well, I must be close to the top, but actually you might not be, right?

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

If it's a mountain range and there's a whole bunch of different peaks, you might be at the peak of one.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

In order to get to the tallest peak, you might have to actually go back down the valley, right?

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

And that's what we need to do.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

We actually need to give up some of the progress that we've made in order to come up with new ideas.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

But everybody's obsessed with one idea.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

You know, they're obsessed with the large language model that actually has these problems of, and we didn't even get into, but bias and unreliability, etc.,

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

But people are so addicted to the one thing that they're all in on that.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

And we'll get to the economics soon, I suppose.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

But part of the economic problem hinges from that, that everybody is using the same solution.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

If you had a healthy ecosystem, you might have 100 different companies trying 100 different approaches, and you could say, let the best one win.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

But we have basically 100 companies, maybe not 100, but a dozen companies doing exactly the same thing.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

And if it's not the right thing, that's a problem.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

And even if it is a right thing, it's a problem.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

You know, I'm pretty sure it's not.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

But it's still a problem if everybody's doing the same thing.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

That means making profits is really hard.

Prof G Markets
AI Is Dumber Than Investors Think β€” ft. Gary Marcus

So, you know, we'll talk about the economics and why nobody is making profit.