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“We’re not prepared for an AI market crash” by Remmelt

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Manage episode 474614160 series 3364760
Content provided by LessWrong. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LessWrong or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Our community is not prepared for an AI crash. We're good at tracking new capability developments, but not as much the company financials. Currently, both OpenAI and Anthropic are losing $5 billion+ a year, while under threat of losing users to cheap LLMs.
A crash will weaken the labs. Funding-deprived and distracted, execs struggle to counter coordinated efforts to restrict their reckless actions. Journalists turn on tech darlings. Optimism makes way for mass outrage, for all the wasted money and reckless harms.
You may not think a crash is likely. But if it happens, we can turn the tide.
Preparing for a crash is our best bet.[1] But our community is poorly positioned to respond. Core people positioned themselves inside institutions – to advise on how to maybe make AI 'safe', under the assumption that models rapidly become generally useful.
After a crash, this no longer works, for at [...]
---
First published:
April 1st, 2025
Source:
https://www.lesswrong.com/posts/aMYFHnCkY4nKDEqfK/we-re-not-prepared-for-an-ai-market-crash
---
Narrated by TYPE III AUDIO.
  continue reading

502 episodes

Artwork
iconShare
 
Manage episode 474614160 series 3364760
Content provided by LessWrong. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LessWrong or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Our community is not prepared for an AI crash. We're good at tracking new capability developments, but not as much the company financials. Currently, both OpenAI and Anthropic are losing $5 billion+ a year, while under threat of losing users to cheap LLMs.
A crash will weaken the labs. Funding-deprived and distracted, execs struggle to counter coordinated efforts to restrict their reckless actions. Journalists turn on tech darlings. Optimism makes way for mass outrage, for all the wasted money and reckless harms.
You may not think a crash is likely. But if it happens, we can turn the tide.
Preparing for a crash is our best bet.[1] But our community is poorly positioned to respond. Core people positioned themselves inside institutions – to advise on how to maybe make AI 'safe', under the assumption that models rapidly become generally useful.
After a crash, this no longer works, for at [...]
---
First published:
April 1st, 2025
Source:
https://www.lesswrong.com/posts/aMYFHnCkY4nKDEqfK/we-re-not-prepared-for-an-ai-market-crash
---
Narrated by TYPE III AUDIO.
  continue reading

502 episodes

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