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Amazon rebrands Twitch Prime as Prime Gaming
Amazon is rebranding Twitch Prime, which gives Amazon Prime subscribers perks on Twitch, by dropping the Twitch branding and emphasizing the Prime part of the name. The service will now be known as Prime Gaming.
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Kuo: iPhone Shipments Could Decline Up to 30% If Apple Forced to Remove WeChat From Worldwide App Store
In a worst-case scenario, Apple's annual iPhone shipments could decline by 25–30% if it is forced to remove WeChat from its App Stores around the...
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Are we in an AI overhang? - LessWrong 2.0
Over on Developmental Stages of GPTs, orthonormal mentions
it at least reduces the chance of a hardware overhang.An overhang is when you have had the ability to build transformative AI for
quite some time, but you haven't because no-one's realised it's possible. Then
someone does and surprise! It's a lot more capable than everyone expected.
I am worried we're in an overhang right now. I think we right now have the
ability to build an orders-of-magnitude more powerful system than we already
have, and I think GPT-3 is the trigger for 100x-larger projects at Google and
Facebook and the like, with timelines measured in months.
INVESTMENT BOUNDS
GPT-3 is the first AI system that has obvious, immediate, transformative
economic value. While much hay has been made about how much more expensive it is
than a typical AI research project, in the wider context of megacorp investment
it is insignificant.
GPT-3 has been estimated to cost $5m in compute to train, and - looking at the
author list and OpenAI's overall size - maybe another $10m in labour, on the
outside.
Google, Amazon and Microsoft all each spend ~$20bn/year on R&D and another
~$20bn each on capital expenditure. Very roughly it totals to ~$100bn/year. So
dropping $1bn or more on scaling GPT up by another factor of 100x is entirely
plausible right now. All that's necessary is that tech executives stop thinking
of NLP as cutesy blue-sky research and start thinking in terms of
quarters-till-profitability.
A concrete example is Waymo, which is doing $2bn investment rounds - and that's
for a technology with a much longer road to market.
COMPUTE COST
The other side of things is compute cost. The $5m GPT-3 training cost estimate
comes from using V100s at $10k/unit and 30 TFLOPS, which is the performance
without tensor cores being considered. Amortized over a year, this gives you
about $1000/pflops-d.
But there, the price is driven up an order of magnitude by NVIDIA's monopolistic
cloud contracts, and the perform
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Amazon Almost Killed Best Buy. Then, Best Buy Did Something Completely Brilliant
This is how Best Buy used a combination of corporate strategy and emotional intelligence to save itself from ruin.
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12 Favorite Problems: A Practical Framework for Discovering Your Purpose
If you are having difficulty discovering your purpose in life, start by asking better questions and defining your favorite problems.
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Google’s latest R&D project is Shoploop, a mobile video shopping platform – TechCrunch
Google’s latest experiment is a video shopping platform designed to introduce consumers to new products in under 90 seconds. The company today is launching Shoploop, a project from Google’s internal R&D division, Area 120, where it tests out new ideas with a public user base. Shoploop’s founder, Lax Poojary, had previously worked on online trip […]
The rise of superpower tech. Back in Jan 2019, my Weekend Fund… | by Vedika Jain | Jul, 2020 | Medium
Back in Jan 2019, my Weekend Fund teammate Ryan Hoover wrote an article on The Rise of “No Code”. Dreamweaver and similar tools dramatically reduced the barrier to creation for 15-year-old Ryan. It…
How Superhuman Built an Engine to Find Product/Market Fit
Founder Rahul Vohra walks us through the framework Superhuman used to find product market fit.
365 days of growth â from 0 to $250k ARR without funding | by Guillaume Moubeche | Medium
365 days after launching lemlist, we finally reached the quarter of a million ARR (annual recurring revenue) milestone. As a fully bootstrapped startup (with $0 in funding), reaching profitability asâŚ
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From 0 to $1m ARR in less than 2 years and without any fundings | by Guillaume Moubeche | Medium
In the last few months, Iâve been a bit quiet when it comes to sharing our journey so I thought that nailing the $1,000,000 ARR milestone was a pretty cool opportunity to write an article đ IfâŚ