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When LLMs Collide With Software Development and Economics

by Brad Feld
This post is by Brad Feld from Brad Feld

Paul Kedrosky and Eric Norlin of SK Ventures wrote an interesting and important essay titled Society’s Technical Debt and Software’s Gutenberg Moment.

The abstract follows. I encourage you to read the full essay.

There is immense hyperbole about recent developments in artificial intelligence, especially Large Language Models like ChatGPT. And there is also deserved concern about such technologies’ material impact on jobs. But observers are missing two very important things: 

  1. Every wave of technological innovation has been unleashed by something costly becoming cheap enough to waste.
  2. Software production has been too complex and expensive for too long, which has caused us to underproduce software for decades, resulting in immense, society-wide technical debt. 

This technical debt is about to contract in a dramatic, economy-wide fashion as the cost and complexity of software production collapses, releasing a wave of innovation.

The post When LLMs Collide With Software Development and Economics appeared first on Brad Feld.

Decoding Google’s AI Ambitions (and Anxiety)

by Nick Routley
This post is by Nick Routley from Visual Capitalist

Infographic breaking down Sundar Pichai's recent Google AI letter

Decoding Google’s AI Ambitions (and Anxiety)

Anyone who’s experimented with ChatGPT can get a sense of the potential of generative AI—even in its earliest stages.

The hype around AI was rising throughout 2022, and has reached a fever pitch today.

ai search interest chart

We’ve seen hype cycles swell around specific technologies before. Blockchain, Metaverse, NFTs, the list goes on. It remains to be seen what tangible value is created after the heat dies down, but in the meantime, some of the world’s biggest companies are taking it very seriously.

Google—which internally reoriented itself around AI years ago—is at the forefront of this movement, so the recent letter published by Google CEO Sundar Pichai is consequential.

After all, billions of people use Google Search to learn about the world, and Alphabet is one of the world’s most valuable, powerful tech companies. But before we “read between the lines” of the letter, it’s worth revisiting the larger context that this letter addresses.

OpenAI Has Entered The Chat

Artificial intelligence has been chalking up a number of wins in recent months, but it was DALL-E Mini and ChatGPT that really allowed generative AI to burst into the public consciousness. In fact, ChatGPT became so popular in a short amount of time, that Google declared an internal “code red” to address the issue. Leaders at Google were well aware of the disruptive power of conversational AI because they were already testing their own models internally.

Microsoft recognized the potential as well, and invested $10 (Read more...)