LLMs as Index Funds

A very common trope is to treat LLMs as if they were intelligent agents going out in the world and doing things. That’s just a category mistake. A much better way of thinking about them is as a technology that allows humans to access information from many other humans and use that information to make decisions. We have been doing this for as long a... See more

Another vision is that there's a hybrid model, where companies embrace the fact that human-generated content a) has less scarcity value in a world where things that look like the output of hours of work from talented people can be produced in seconds[4], but b) is valuable as a unique input into such content creation. That's the direction The Diff ... See more

if your job is legible enough that people can make a dataset clearly pointing out what is right and what is wrong, you are at the highest risk for an AI model being “superhuman” at your job. It is even more risky if it is possible to articulate your thought process in a way that is verifiable.

Looking at this perspective, it makes more sense that c... See more