To clarify for future reference, I do think it’s likely (80%+) that at some point over the next 5 years there will be a large reduction in investment in AI and a corresponding market crash in AI company stocks, etc, and that both will continue to be for at least three months.
Ie. I think we are heading for an AI winter. It is not sustainable for the industry to invest 600+ billion dollars per year in infrastructure and teams in return for relatively little revenue and no resulting profit for major AI labs.
At the same time, I think that within the next 20 years tech companies could both develop robotics that self-navigate multiple domains and have automated major sectors of physical work. That would put society on a path to causing total extinction of current life on Earth. We should do everything we can to prevent it.
To clarify for future reference, I do think it’s likely (80%+) that at some point over the next 5 years there will be a large reduction in investment in AI and a corresponding market crash in AI company stocks, etc, and that both will continue to be for at least three months.
Update: I now think this is 90%+ likely to happen (from original prediction date).
Igor Krawzcuk, an AI PhD researcher, just shared more specific predictions:
“I agree with ed that the next months are critical, and that the biggest players need to deliver. I think it will need to be plausible progress towards reasoning, as in planning, as in the type of stuff Prolog, SAT/SMT solvers etc. do.
I’m 80% certain that this literally can’t be done efficiently with current LLM/RL techniques (last I looked at neural comb-opt vs solvers, it was _bad_), the only hope being the kitchen sink of scale, foundation models, solvers _and_ RL … If OpenAI/Anthropic/DeepMind can’t deliver on promises of reasoning and planning (Q*, Strawberry, AlphaCode/AlphaProof etc.) in the coming months, or if they try to polish more turds into gold (e.g., coming out with GPT-Reasoner, but only for specific business domains) over the next year, then I would be surprised to see the investments last to make it happen in this AI summer.” https://x.com/TheGermanPole/status/1826179777452994657
To clarify for future reference, I do think it’s likely (80%+) that at some point over the next 5 years there will be a large reduction in investment in AI and a corresponding market crash in AI company stocks, etc, and that both will continue to be for at least three months.
Ie. I think we are heading for an AI winter.
It is not sustainable for the industry to invest 600+ billion dollars per year in infrastructure and teams in return for relatively little revenue and no resulting profit for major AI labs.
At the same time, I think that within the next 20 years tech companies could both develop robotics that self-navigate multiple domains and have automated major sectors of physical work. That would put society on a path to causing total extinction of current life on Earth. We should do everything we can to prevent it.
Update: I now think this is 90%+ likely to happen (from original prediction date).
Update: reverting my forecast back to 80% chance likelihood for these reasons.
Igor Krawzcuk, an AI PhD researcher, just shared more specific predictions:
“I agree with ed that the next months are critical, and that the biggest players need to deliver. I think it will need to be plausible progress towards reasoning, as in planning, as in the type of stuff Prolog, SAT/SMT solvers etc. do.
I’m 80% certain that this literally can’t be done efficiently with current LLM/RL techniques (last I looked at neural comb-opt vs solvers, it was _bad_), the only hope being the kitchen sink of scale, foundation models, solvers _and_ RL
…
If OpenAI/Anthropic/DeepMind can’t deliver on promises of reasoning and planning (Q*, Strawberry, AlphaCode/AlphaProof etc.) in the coming months, or if they try to polish more turds into gold (e.g., coming out with GPT-Reasoner, but only for specific business domains) over the next year, then I would be surprised to see the investments last to make it happen in this AI summer.”
https://x.com/TheGermanPole/status/1826179777452994657