Tyler Cowen
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Podcast Appearances
That's mostly not true. So it may be the case that the final training cost was very, very low. But you incur a lot of other costs in building the model. For instance, the company had 150 people working full time trying to develop the model. And their salaries and all of the fixed costs of the enterprise are not included in that sum.
That's mostly not true. So it may be the case that the final training cost was very, very low. But you incur a lot of other costs in building the model. For instance, the company had 150 people working full time trying to develop the model. And their salaries and all of the fixed costs of the enterprise are not included in that sum.
Now, it's still probably the case that their model is considerably cheaper. And some of that is that wages in China are lower. But they also had a number of innovations that just enabled the model to be done for a lower cost. So it is a breakthrough. But we will borrow from what they did, just as they have been borrowing from what we've done.
Now, it's still probably the case that their model is considerably cheaper. And some of that is that wages in China are lower. But they also had a number of innovations that just enabled the model to be done for a lower cost. So it is a breakthrough. But we will borrow from what they did, just as they have been borrowing from what we've done.
Now, it's still probably the case that their model is considerably cheaper. And some of that is that wages in China are lower. But they also had a number of innovations that just enabled the model to be done for a lower cost. So it is a breakthrough. But we will borrow from what they did, just as they have been borrowing from what we've done.
And keep in mind, the best products today are still the OpenAI products. and anthropics clawed, and those probably have what you would call a clearer path to the basket of making yet further improvements. So it has not surpassed us, no.
And keep in mind, the best products today are still the OpenAI products. and anthropics clawed, and those probably have what you would call a clearer path to the basket of making yet further improvements. So it has not surpassed us, no.
And keep in mind, the best products today are still the OpenAI products. and anthropics clawed, and those probably have what you would call a clearer path to the basket of making yet further improvements. So it has not surpassed us, no.
I think it's a bigger breakthrough than that. They had numerous algorithmic improvements. One estimate is that the cost of what they did is about 30x lower. Now, we don't know as to what chips they had, but we do know that before chip restrictions were placed on China, the company bought some very high-quality chips that are almost as good as the ones that are now banned from China.
I think it's a bigger breakthrough than that. They had numerous algorithmic improvements. One estimate is that the cost of what they did is about 30x lower. Now, we don't know as to what chips they had, but we do know that before chip restrictions were placed on China, the company bought some very high-quality chips that are almost as good as the ones that are now banned from China.
I think it's a bigger breakthrough than that. They had numerous algorithmic improvements. One estimate is that the cost of what they did is about 30x lower. Now, we don't know as to what chips they had, but we do know that before chip restrictions were placed on China, the company bought some very high-quality chips that are almost as good as the ones that are now banned from China.
So I think they certainly could have done what they did without illegally acquiring chips. But whether or not they did, I would just say we don't know.
So I think they certainly could have done what they did without illegally acquiring chips. But whether or not they did, I would just say we don't know.
So I think they certainly could have done what they did without illegally acquiring chips. But whether or not they did, I would just say we don't know.
The word never makes me nervous, especially from a historian, but I mostly agree. This technology is going to spread. All the, oh, we need a six-month pause, do this, do that. It's not going to work. I'm not opposed to the chip restrictions on China. If I were President Biden, I would have done the same.
The word never makes me nervous, especially from a historian, but I mostly agree. This technology is going to spread. All the, oh, we need a six-month pause, do this, do that. It's not going to work. I'm not opposed to the chip restrictions on China. If I were President Biden, I would have done the same.
The word never makes me nervous, especially from a historian, but I mostly agree. This technology is going to spread. All the, oh, we need a six-month pause, do this, do that. It's not going to work. I'm not opposed to the chip restrictions on China. If I were President Biden, I would have done the same.
But I think we need to be realistic and understand they're only going to hold back China for a short period of time. And we need to be ready for the fact that they will likely be our peer in AI technology. And we'll move into a new world state where there's a kind of mutually assured destruction with these AIs. And it will be us and China.
But I think we need to be realistic and understand they're only going to hold back China for a short period of time. And we need to be ready for the fact that they will likely be our peer in AI technology. And we'll move into a new world state where there's a kind of mutually assured destruction with these AIs. And it will be us and China.
But I think we need to be realistic and understand they're only going to hold back China for a short period of time. And we need to be ready for the fact that they will likely be our peer in AI technology. And we'll move into a new world state where there's a kind of mutually assured destruction with these AIs. And it will be us and China.