~marginalrevolution | Bookmarks (67)

This paper presents a groundbreaking comparison between Large Language Models and traditional legal contract reviewers, Junior Lawyers and Legal Process Outsourcers. We dissect whether LLMs can outperform humans in accuracy, speed, and cost efficiency during contract review. Our empirical analysis benchmarks LLMs against a ground truth set by Senior Lawyers, uncovering that advanced models match […] The post Comparing Large Language Models Against Lawyers...

New GPT4 prompt engineering tip: If you're tipping your GPT4, it's better to promise to tip it $20 or $100,000+; those amounts will give the longest answers pic.twitter.com/2f5fmtRuIM — Denis Shiryaev 💙💛 (@literallydenis) January 31, 2024 The post The GPT-4 imaginary lie-based supply curve appeared first on Marginal REVOLUTION.         CommentsIn reply to AW. Cultural? or just practical. The so-called ... by Trina HalppeIs...

It is very long, very detailed, and very good.  Interesting throughout!  Excerpt: Dealing with the third conversation is harder. There is place where I feel Tyler is misinterpreting a few statements, in ways I find extremely frustrating and that I do not see him do in other contexts, and I pause to set the record […] The post Zvi Mowshowitz covers my podcast with...

Here is the new book bot, trained on Claude of course.  Again, I call this a “generative book.” Very powerful, and I am indebted to those who helped, including at Anthropic and also Jeff Holmes of Mercatus. Here is the original web site and the original GPT-4 bot, which still is great.  The full title […] The post Claude of Anthropic does *GOAT* appeared...

We discussed how the insights of Hayek, Keynes, Smith, and other great economists help us make sense of AI, growth, risk, human nature, anarchy, central planning, and much more. Dwarkesh is one of the very best interviewers around, here are the links.  If Twitter is blocked to you, here is the transcript, here is Spotify, […] The post My new podcast with Dwarkesh Patel...

…we can expect to see in the 2020s that we did not see in the 2010s: the possibility of ubiquitous participation by AIs. AIs are willing to work for less than $1 per hour, and have the knowledge of an encyclopedia – and if that’s not enough, they can even be integrated with real-time web search […] The post Vitalik on AI and crypto appeared...

That is the focus of my latest Bloomberg column, 2x the normal length.  I cannot cover all the points, but here is one excerpt: The larger theme is becoming evident: AI will radically disrupt power relations in society. AI may severely limit, for instance, the status and earnings of the so-called “wordcel” class. It will […] The post What are the actual dangers of...

Yours truly, with Dan Shipper: Your episode is live! Here’s the X link. It’s also on YouTube and Spotify. At the end Dan runs an experiment where he compares the answers of a Tyler Cowen bot against those of Tyler Cowen himself.  How well do you think the bot did? Dan is a very good interviewer, and the episode has plenty […] The post My podcast on how to use...

OpenAI on Thursday announced its first partnership with a higher education institution. Starting in February, Arizona State University will have full access to ChatGPT Enterprise and plans to use it for coursework, tutoring, research and more. The partnership has been in the works for at least six months. ASU plans to build a personalized AI […] The post Open AI will partner with Arizona...

Just in case you don't want to click over to the other sites, Big Zuck update – Open sourcing will continue– Currently training LLama 3– AI + Metaverse– Will have 350,000 H100s and ~600 H100 equivalents of compute 🤯 -Ideal AI formfactor is 🕶️ pic.twitter.com/xJSi7yVzXe — Alex Volkov (Thursd/AI) (@altryne) January 18, 2024 According to […] The post Meta, the forward march of progress...

That is the topic of my latest Bloomberg column.  Here is the first part of the argument: Two kinds of AI-driven education are likely to take off, and they will have very different effects. Both approaches have real promise, but neither will make everyone happy. The first category will resemble learning platforms such as Khan Academy, […] The post How is AI education going to...

As she did on the LBRY case (n.b. I was a LBRY advisor), SEC Commissioner Hester Peirce released a statement about the failings of the SEC with regards to the recently approved Bitcoin spot ETPs. It’s rare to read something this brutal coming from the inside. We squandered a decade of opportunities to do our […] The post Hester Peirce on the SEC appeared...

Maybe so: We administer a Turing Test to AI Chatbots. We examine how Chatbots behave in a suite of classic behavioral games that are designed to elicit characteristics such as trust, fairness, risk-aversion, cooperation, \textit{etc.}, as well as how they respond to a traditional Big-5 psychological survey that measures personality traits. ChatGPT-4 exhibits behavioral and […] The post Are chatbots better than we are?...

Here is the underlying John-Burn Murdoch FT piece, pointer here.  And a text excerpt: Ruxandra Teslo, one of a growing community of progress-focused writers at the nexus of science, economics and policy, argues that the growing scepticism around technology and the rise in zero-sum thinking in modern society is one of the defining ideological challenges […] The post We need more talk of progress...

Yes, I will be doing another Conversation with him.  Here is my previous Conversation with him, almost eight years ago.  As many of you will know, Jonathan has a new book coming out, namely The Anxious Generation: How the Great Rewiring of Childhood Is Causing an Epidemic of Mental Illness.  But there is much more […] The post What should I ask Jonathan Haidt?...

The subtitle is How German-Speaking Scientists and Engineers Invented the Modern World, And What We Can Learn from Them .  This is a 5501 (!) pp. work, published on-line.  I haven’t read it yet.  By Todd H. Rider.  It’s probably good. The post *Forgotten Creators* appeared first on Marginal REVOLUTION.         CommentsIn reply to murmur. What is your ethnic background? Let the ... by...

If you want to understand NFTs and where they are going, The Everything Token by web entrepreneur Steve Kaczynski and Harvard Business school professor Scott Duke Kominers is by far the best guide. Kaczynski and Kominers emphasize that NFTs are more than deeds to digital art they are an ideal way to create communities. Community […] The post The Everything Token appeared first on...

Phind And don’t forget about Perplexity.ai. The options in this space are improving rapidly. The post Phind is quite good appeared first on Marginal REVOLUTION.         CommentsI asked a series of questions concerning Turgot's influence. ... by Allen DaltonIn reply to Someone. I got “The record for the most home ... by MIn reply to dreamy surreal imagery. Why isn't indexation the ... by...

If you stare at just the exact right part of the toothpick, and measure the length from the tip, expressed in terms of the appropriate unit and converted into binary, and then translated into English, you can find any message you want.  You just have to pinpoint your gaze very very exactly (I call this […] The post Toothpick producers violate NYT copyright appeared...