VentureBeat: “Artificial intelligence (AI) pioneer Geoffrey Hinton, one of the trailblazers of the deep learning “revolution” that began a decade ago, says that the rapid progress in AI will continue to accelerate. In an interview before the 10-year anniversary of key neural network research that led to a major AI breakthrough in 2012, Hinton and other leading AI luminaries fired back at some critics who say deep learning has “hit a wall.” “We’re going to see big advances in robotics — dexterous, agile, more compliant robots that do things more efficiently and gently like we do,” Hinton said. Other AI pathbreakers, including Yann LeCun, head of AI and chief scientist at Meta and Stanford University professor Fei-Fei Li, agree with Hinton that the results from the groundbreaking 2012 research on the ImageNet database — which was built on previous work to unlock significant advancements in computer vision specifically and deep learning overall — pushed deep learning into the mainstream and have sparked a massive momentum that will be hard to stop.”
Ray Dalio: “Over the long term, living standards rise because of people inventing ways to get more value out of a day’s work. We call this productivity. The ups and downs around that uptrend are mostly due to money and credit cycles that drive interest rates, other markets, economic growth, and inflation. All things being equal, when money and credit growth are strong, demand and economic growth are strong, unemployment declines, and all that produces higher inflation. When the opposite is true, the opposite happens. Most everyone agrees—most importantly the central bankers who determine the amount of money and credit available in reserve currency countries—that having the highest rate of economic growth and lowest unemployment rate possible is good as long as it doesn’t produce undesirable inflation. What rate of inflation is undesirable? It’s a rate that creates undesirable effects on productivity; most people agree and central banks agree that it’s about two percent for reasons that I won’t now digress into. So, most everyone and most central banks want strong growth and low unemployment on the one hand, and the desired inflation rate on the other. Since strong growth and low unemployment raise inflation, the central banks deal with the inflation-growth trade-off which leads them to pick the greater problem and change monetary policy to minimize it at the expense of the other. In other words, when inflation is high (above 2 percent), they tighten monetary policy and weaken the economy to bring it down. The higher the rate is above their target, the more they tighten.”
Jon Stokes: “A technology called deep learning is bringing what can only be described as miracles within the reach of ordinary creators. Whether you’re making text, images, video, or code, and whether you’re looking to work alongside an AI or have the AI do most of the work for you, you’re about to get superpowers. In fact, AI superpowers are already here for creators who are willing to invest a little time in understanding how these machine learning-based content tools work.”
Paul Graham: “I recently told applicants to Y Combinator that the best advice I could give for getting in, per word, was: Explain what you’ve learned from users.” That tests a lot of things: whether you’re paying attention to users, how well you understand them, and even how much they need what you’re making.”
