Very interesting conversation! One of the reasons new grads want to work in banking or hedge funds is that the tech/scientist salaries are low in the UK compared to the US. I definitely believe higher salaries will draw more people into tech and I know this well since I live in Cambridge! I regularly meet brilliant people. If we just paid more the talent flow will automatically increase
EF is not a fantastic deal for founders (you give up a fair amount of equity for not very much in return - I guess you’re forced to do that with spray and pray). Though still a net positive force for creating more startups in the UK. Otherwise this interview was brilliant. Right on the money about AI talent in the UK and our ability to give birth to many more exceptional new companies - if only a few things were tweaked. Matt seems v sharp, comes across very well
1. Buy up all the bitcoin left on exchanges for 1/10th of what the London->Birmingham trainline cost. 2. Back the pound with bitcoin so that every British citizen owns perfectly sound money. 3. Tell the world about why bitcoin is scientific, 21st century money, and watch everyone converge on the schelling point.
6:00 The flattening off of adding more compute that's very interesting. So now the real value is going to get the systems to be modified so you get the same output with less compute and less energy and then we can add in there some recursive self-improvement with human supervision similar to what you got with systems that gave you alphago and alpha fold. Those systems gave us narrow superhuman intelligence and we should use that tool for the improvement for one thing when you have improvement in software it's almost immediate whereas if you need improvement and hardware will then you got to order it you got to pay for it you have to bill the data center then you got to hook up someplace where you're not going to be bringing the grid down or you might have to build a nuclear reactor to power it so there is no doubt that the top of that s curve is not that far off.
9:29 wouldn't a good source of data perhaps be the self play between the computer agents that alpha fold and alpha Go used, and also there is Dr Steven Wolfram and his company called Wolfram alpha and digital physics where he uses what we know about physics today and then see if running simulations gives us something similar that mirrors the real universe. One could imagine that the amount of data that could be available by running those simulations and feeding that back into the systems would be basically the limits of the universe.
18:15 The CCPs obsession with regulation might actually be on inhibiting factor on their ability to get ahead other than of course copying and pasting what we do here in the West.
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old joke: how far is China behind the US in tech? about 10 hours -- they just wake up the next day and see what's been done
Super thoughtful and clear thinking, amazing to hear it!
So glad you enjoyed it!
He’s impressive. (And thank you Matt - one of my best investments is an EF alum ✌️😀✌️)
He really is impressive!
Very interesting conversation!
One of the reasons new grads want to work in banking or hedge funds is that the tech/scientist salaries are low in the UK compared to the US.
I definitely believe higher salaries will draw more people into tech and I know this well since I live in Cambridge! I regularly meet brilliant people. If we just paid more the talent flow will automatically increase
EF is not a fantastic deal for founders (you give up a fair amount of equity for not very much in return - I guess you’re forced to do that with spray and pray). Though still a net positive force for creating more startups in the UK. Otherwise this interview was brilliant. Right on the money about AI talent in the UK and our ability to give birth to many more exceptional new companies - if only a few things were tweaked.
Matt seems v sharp, comes across very well
7:31 there we go one and a half minutes after I posted well then he mentions using the techniques they gave us alpha go and alpha fold.
31:25 well if they try to regulate it then it's all going to move somewhere where they don't.
1. Buy up all the bitcoin left on exchanges for 1/10th of what the London->Birmingham trainline cost.
2. Back the pound with bitcoin so that every British citizen owns perfectly sound money.
3. Tell the world about why bitcoin is scientific, 21st century money, and watch everyone converge on the schelling point.
🤡
how come mistral comes from France tho
Matt mentioned a book but it's not linked in the notes. Which book was he referring to?
Nuclear War by Annie Jacobsen
6:00 The flattening off of adding more compute that's very interesting. So now the real value is going to get the systems to be modified so you get the same output with less compute and less energy and then we can add in there some recursive self-improvement with human supervision similar to what you got with systems that gave you alphago and alpha fold. Those systems gave us narrow superhuman intelligence and we should use that tool for the improvement for one thing when you have improvement in software it's almost immediate whereas if you need improvement and hardware will then you got to order it you got to pay for it you have to bill the data center then you got to hook up someplace where you're not going to be bringing the grid down or you might have to build a nuclear reactor to power it so there is no doubt that the top of that s curve is not that far off.
9:29 wouldn't a good source of data perhaps be the self play between the computer agents that alpha fold and alpha Go used, and also there is Dr Steven Wolfram and his company called Wolfram alpha and digital physics where he uses what we know about physics today and then see if running simulations gives us something similar that mirrors the real universe. One could imagine that the amount of data that could be available by running those simulations and feeding that back into the systems would be basically the limits of the universe.
18:15 The CCPs obsession with regulation might actually be on inhibiting factor on their ability to get ahead other than of course copying and pasting what we do here in the West.
This guy souds so much entitled and thinks same for the UK