InvestAI etc. - 10/1/2024
AI for investors, explained in simple terms. An open thread updated weekly.
Topics discussed this week:
AI and ad-funded content
AI changes the importance of “what” vs. “how”
AI is a top-down business model
Should LLMs be trained in multiple languages?
The public LIST updated
AI links to consider
AI and ad-funded content
>
SAMI >
ChatGPT is dramatically changing the way people use Google search, which will almost certainly affect the business models of internet companies going forward. Michael Mignano is a tech entrepreneur who points out, correctly (and obviously), the end of the ad-funded content, “the business model that funded the internet”.
>
RICHARD >
I think he’s missing the crucial reason Google was so transformative: the insight that physical products and services are a form of content too—and the AdWords-based monetization that Google enabled. Google let you easily find people who are interested in your product or service.
When people use Google to find an answer to a question (“how t…