From 93acda3afd5772004b7b108477b809fe1d8d9282 Mon Sep 17 00:00:00 2001
From: medusa <newton214@gmail.com>
Date: Sat, 18 Nov 2023 12:59:57 +0000
Subject: [PATCH] Add docs/llm/llm_enterprise.md

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+# Millions & Billions
+## OpenAI Tesla and IBM
+
+### News
+
+#### IBM invests in Huggingface
+- Arvind Krishna CEO of IBM
+- Froze thousands of jobs earlier this year
+- 3900 layoffs planned
+- 7800 positions frozen
+- Says AI could take over 30% to 50% of repetitive tasks (and do them better than humans)
+- $235M Series D Funding Round
+- Hugging Face now worth $4.5B
+- They have collaborated on WatsonX
+- Doubling down on AI
+
+#### Tesla Giga Computer
+- Turned on HPC cluster worth $300M
+- Powered by 10000 Nvidia H100 compute GPUs
+- Primarily for FSD and other HPC workloads
+- Elon has said they will invest $4B in more AI
+- Plan is to invest over the next 2 years
+- Investing another $1B into Dojo supercomputer
+- Doubling down on AI
+
+#### OpenAI Revenue Explodes
+- On track to generate more than $1B in revenue
+- Up from $28M in revenue last year
+- >35x in revenue growth
+- ChatGPT costs $700k per day (estimated)
+- Not sure if they are cash positive
+- Microsoft entitled to 75% of revenue
+- Could take a decade to pay it off
+- That timeframe may shorten quite a lot
+- Looks like their investment paid off!
+
+### Analysis
+
+#### AI Investment Growth
+- Global AI Investment
+- 2020: $30B
+- 2021: $66.8B
+- 2022: $92B
+- 2023: ???
+- 2025: $200B (Goldman Sachs forecast)
+- Current opinions mixed
+- Some signs of investment slowing or accelerating
+- But we’re only in September
+- Consensus seems to be things are chugging along more or less as expected
+
+#### Tech Layoffs New Jobs
+- 150000+ US tech layoffs as of June
+- Total unemployment remains at 3.5%
+- Government source (MLS)
+- About 375k open jobs as of January
+- Forecasts said 272k new tech jobs in 2023
+- Remains to be seen… (not a government source)
+- AI expected to destroy 85M jobs by 2025
+- But create up to 97M jobs
+- Net gain of 12M
+- Not a government source so take it with a grain of salt
+- That’s a LOT of reskilling!
+- Generative AI job postings up 20% in May
+- Maybe it’s a wash? So far so good.
+- Just make sure you’re up to date on Generative AI tools
+
+#### Public Sentiment
+- Reuters/Ipsos poll: 61% of Americans view AI as a potential threat to human civilization
+- Pew Research poll: 58% of Americans more concerned than excited about the rise of AI
+- Economist/YouGov poll: ~75% of Americans believe AI should be regulated by government
+- 79% Democrat
+- 73% Republican
+
+### Conclusion
+
+#### Predictions
+- AI investment may cool slightly
+- OpenAI lawsuits seem to have spooked the markets
+- Still turning red hot fast
+- This will be brief if at all
+- Americans are largely united on regulations fears
+- Regulatory capture still a primary concern
+- Rarely see this much consensus!
+- State of jobs right now seems good
+- Post-Labor Economics will have to wait (and UBI)
+- Keep your eyes open though we’re in for an interesting future
+- Many industries are being disrupted (tech marketing translation copywriting etc)
+
+### Takeaways
+- Skill up! 
+- Learn to use AI tools
+- Learn the basics of AI
+- Job market transformation is actively happening
+- I’m happy to do remote training groups ping me
+- Might do paywalled training not sure
+- Reminds me of early 2000’s with the rise of Microsoft and developer and IT certifications
+- Voter solidarity
+- Americans are rarely this united on something
+- Don’t count the chickens yet
+- CONSTANT VIGILANCE!