Not only does Eric Schmidt show here, how Silicon Valley thinks, he also shows that he really has no idea what LLMs can ever do and how Software works. (Original title: Ex-Google CEO says successful AI startups can steal IP and hire lawyers to ‘clean up the mess’)

The Verge

Ex-Google CEO says successful AI startups can steal IP and hire lawyers to ‘clean up the mess’

“But if nobody uses your product, it doesn’t matter that you stole all the content.”

With the #AI bubble in full swing many use the Gartner Hype Cycle as an illustration for where we are and how the next month will be. That feel reasonable but often comes with one uninterrogated assumption: The Gartner Hype Cycle implies that everything will at some point become useful/part of normal life etc. But not everything comes back after the crash. Crypto didn't (so far). Metaverse didn't. And GenerativeAI also might very well not given that the costs are prohibitive, the quality is mediocre and the legal situation is dubious. Yes, genAI will stick around because it generates great spam. But implying that it will be kinda everywhere "like the Internet" is ... a very optimistic stretch.