Jack Clark: belief

Transcript context

…Real news will come from Substack? Substack is not an obvious cross-subsidy. There might be within the Substack company. Real news — I genuinely don’t know. I think some real news comes from analysis of publicly available facts, and it being composed together in a way that shows you insights that didn’t exist. Semianalysis on Substack is a good example of this, a lot of public stuff leading to interesting conclusions. But news in the moment that has loads of context was subsidized by previous business models which mostly no longer work, and I genuinely don’t know what happens to it. If we think about what we now call LLMs, five or ten years from now, that kind of AI — how concentrated or how competitive do you think the sector will be? I don’t know if number of firms is exactly the right measure, but how do you see it evolving? Right now, there’s at least six firms. Depending how you count China, there are some complications, but there’s a bunch of firms, a lot of competition.…

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