#llm

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@rauschma@fosstodon.org The great thing about VSCode these days is, when one doesn't use its #LLM tooling, there's essentially a feature freeze. Updates become entirely unnecessary
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David Swan has written an article about the people behind Firmus, an Australian bitcoin mining turned AI data centre start-up that withdrew its $43.7 billion sharemarket float this week. It's really quite something: "Oliver Curtis, Firmus’ 40-year-old co-chief executive and the husband of public relations entrepreneur Roxy Jacenko, is a former investment banker who served a year in jail for insider trading a decade ago. He has since called his actions “incredibly, gravely stupid”. "He co-founded Firmus in 2019 as a bitcoin mining business with his cousin Tim Rosenfield, who ran a luxury lingerie brand, and Jonathan Levee, who handles the engineering. Neither co-chief executive came from the technology industry. "They signed up big names all the same. Nvidia, the world’s most valuable chipmaker, is a shareholder and James Packer and former treasurer Joe Hockey hold stakes. “As a father, I’m incredibly proud of what Oli’s done,” Curtis’ father Nick, a mining entrepreneur and major shareholder, told The Australian last week. "Firmus earned about $US50 million ($73 million) in revenue last financial year. It asked to be valued at about 600 times that. ... "The price had climbed quickly. Firmus sought a $1.2 billion valuation in late 2024 and raised money at $15 billion in August. Then it asked public investors for almost three times that. "The road to Friday was rocky, to put it lightly. This week Firmus confirmed that a $73 billion partnership with CDC, an established Australian data centre operator, was over. The Financial Review reported that a test of Firmus’ prized cooling system had flooded part of CDC’s Melbourne data centre earlier this year. ... "The banks running the float, JPMorgan, Bank of America, Morgan Stanley and Morgans, told investors on Monday that demand at $11 a share was “well in excess” of what was on offer. One Morgans adviser emailed clients that demand had been “enormous”. "By Wednesday, the banks were discussing cutting the price to about $9. On Thursday morning, they told fund managers that bids made that morning were “not held”, then went quiet. “Bankers gone to ground,” read one message doing the rounds of brokers and investors. By midday the offer documents had been pulled from view." https://www.smh.com.au/technology/two-tech-outsiders-tried-to-sell-a-44bn-tech-company-it-didn-t-work-20261009-p6145h.html #business #AI #LLM #DataCenter #DataCentre #Firmus #capitalism #AIBubble
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As a response to your prompt, the LLM gives you the words that are statistically most likely in the order that is statistically most likely, given its training texts. That's all it does. It's artificial but not intelligent. You're reading a mind into the LLM output just the same way as you think about your robot vacuum cleaner as a house pet. #llm #ai #aibubble
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Here's a thought experiment. Imagine a stamp mark with the words "Made with #AI" on it. If you see this mark on a picture, illustration, mobile app, song, movie, or story - do you get the notion that this product is of higher, lower or unchanged quality? If you see two identical products for the same price, where one has an AI mark and the other doesn't - which one would you buy? (Please retoot this #LLM #poll for wider reach)

Here's a thought experiment. Imagine a stamp mark with the words "Made with #AI" on it. If you see this mark on a picture, illustration, mobile app, song, movie, or story - do you get the notion that this product is of higher, lower or unchanged quality? If you see two identical products for the

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It's not just the fediverse, the tide against widespread LLM... #ai #llm #trade #show #fair #industry #flyer #consultant #representative
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Talked to someone who has been dabbling in translating fiction. This guy was horrified when I told him that if he uses machine translation for more than dictionary checks of individual words, he can't put his name on the translation and the work is ineligible under most standard publishing contracts. "OMG, but then it would take FOREVER to translate a novel!?!?" Yes. You're right. That's why translators get paid. #translation #llm #books
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I'm starting to see signs other people are slowly coming the realization that AI companies have more enshittification cards in their hand. I attended an Anthropic training hosted by Anthropic employees. During the presentation, on almost every slide, the trainer reiterated "If you're experiencing issues with the quality or correctness of the output, you can solve that by giving Claude more access to your internal documentation and intellectual property." Almost every answer to every question included "and make sure you give Claude full access to your files and identity so it see everything you see and act as you." As a nearly 30yr veteran of infosec, I assumed this was an advanced adversary attempting to exploit us. 😂 The AI companies _WILL_ eventually operate solely by extracting value from all their customers and business relationships for their shareholders. We already know what this looks like. Anyone bought an Amazon Basics product? Amazon tracks products that do well, they then rip off the design of those products and launch a cheaper version under the Amazon Basics brand. "But, Brad, AI companies are more ethical than.. no wait, I heard it." Right, so, let's say you're Cursor. You announce a profit for the first time in your history. What happens next? OpenAI raises your rates to nullify your entire profit. This happened, in real life. You're a math researcher working on a research problem with a prize using OpenAI for assistance. What happens next? OpenAI rips off all your work and uses it to train an expert model to solve the problem and win the prize. This happened. Wake up, sheeple! 😂 If you have a good idea and use _any_ thirdparty AI service to create it, you are handing your work over to the AI companies and your competitors. Legal precedent is AI generated code is not IP because a human didn't create it. But every line of code Claude or Codex generates for your proprietary application is stored on their servers for as long as they afford to save it. As these companies pivot to IPO and beyond, just take a moment to consider the history of Silicon Valley and what their next steps are for further monetizing the data they're collecting on you. #fuck_ai #llm #privacy #security #copyright
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