At its peak, Inflation adjusted Vinyl Sales was $1.4billion in 1979.
Then forward to the lowest sales in 2009 at $3.4million.
So Vinyl has been so popular it grew to $8.5m by 2021.
That is just nostalgia, not cultural change pushed by the dystopia of AI.
Why is my 14 year old niece now collecting vinyl? I can guarantee it's not nostalgia. There's obviously more at play there even when acknowledging your point about relative market size.
But things can coexist. It's now easier to create music than ever, and there is more music created by more artists than ever. Most music is forgettable and just streamed as background music. But there is also room for superstars like Taylor Swift.
This has to be it. Vinyl costs like 20$ per, and $8m is like 400k vinyl sales (users often buy more than 1 vinyl so it's a lot less users) which seems too low globally. At 1.2b, it is more like 60m sales which seems more reasonable.
I think a lot of people collect vinyl less for nostalgia reasons and more so to have a physical collection of their music. I think vinyl wins over CDs just due to how it’s larger and the cover art often looks better as a result.
The idea that this destroys the industry is overblown, because the film industry has already been dying since 2000's.
Hollywood is already destroyed. It is not the powerful entity it once was.
In terms of attention and time of entertainment, Youtube has already surpassed them.
This will create a multitude more YouTube creators that do not care about getting this right or making a living out of it. It will just take our attention all the same, away from the traditional Hollywood.
Yes there will still be great films and franchises, the industry is shrinking.
This is similar with Journalism saying that AI will destroy it. Well there was nothing to destroy because the a bunch of traditional newspapers already closed shop even before AI came.
Essentially, the focus seems to be on leveraging the media buzz around Gemini 1.0 by highlighting the development of version 1.5. While GPT-4's position relative to Gemini 1.5 remains unclear, and the specifics of ChatGPT 4.5 are yet to be disclosed, it's worth noting that no official release has taken place until the functionality is directly accessible in user chats.
Google appears to be making strides in catching up.
When it comes to my personal workflow and accomplishing tasks, I still find ChatGPT to be the most effective tool. My familiarity with its features has made it indispensable. The integration of mentions and tailored GPTs seamlessly enhances my workflow.
While Gemini may match the foundational capabilities of LLMs, it falls short in delivering a product that efficiently aids in task completion.
I don't mean this in a bad way, but when I read a comment like yours which includes phrases like "seamlessly enhances my workflow" and "efficiently aids in task completion", I can't help but feel like it's ChatGPT-generated, and if so I think it's a shame, just write like yourself.
But maybe you do, and I am seeing patterns in sand.
> Google appears to be making strides in catching up.
I say it's even more than that. OpenAI had a bigger lead when it released GPT-2 than it does now. They're burning through cash to try to hold on to a lead of a few months over the competition.
Indeed, I believe Gemini is equally capable, but its response style significantly differs from ChatGPT 4's. My expectations for how chatbots should communicate have been largely shaped by ChatGPT's approach.
Specifically, Gemini's tendency to structure responses with bullet points and headings from the start doesn't appeal to me. It feels more like receiving an essay in response to a simple question, whereas ChatGPT's responses facilitate a flowing conversation. Gemini aims to provide exhaustive answers, which can be overwhelming when I'm interested in a more open-ended dialogue that smoothly transitions between topics. In essence, Gemini Advanced focuses on delivering detailed answers without allowing much time for reflection.
Therefore, when it comes to preference in RLHF (Reinforcement Learning from Human Feedback) chatbots, ChatGPT-4 is my favorite for its ability to better engage in the type of conversational dynamics I prefer.
Gemini the chatbot will still need to compete with ChatGPT on raw performance/intelligence/SOTA. Gemini should first be considered the undisputed winner of AI chatbots. Right now ChatGPT 4 is the "winner" in mindshare and I am not sure what Google needs to do except for OpenAI to bungle their own releases.
Gemini integration with Google's apps will compete with Microsoft's app on integration.
And the condition for Gemini to win: Google has to go all-in. and that means creating an AI that will eventually phase out their cash-cow Google Search. Microsoft and OpenAI does not have that kind of internal conflict.
It really is Google's to lose this AI race from now on. - We have heard this so many times and it seems like they are always getting behind by the day.
It is really hard before to make a purchase decision based on what you feel about a CEO. But in 2024, it is the norm with all these influencer type founders.And Elon is the number one influencer-type CEO/founder.
The author cited many product issued with the car, which he attributed to some degree the CEO’s actions. If the CEO isn’t accountable for the product, who is?
I think I disagree with almost all of his examples. But his overall point feels accurate: Tesla just seems constantly distracted with “the next thing”.
Why are they building a robot when they haven’t finished autopilot/fsd? Why are they adding features like “Lightshow” and “Adding and Dropping Disney” when it has semi broken implementation of Spotify/Netflix/Youtube. They are basically printing cash these days seems weird they aren’t putting more polish on their features.
I think the paper addressed this but what we consider risky play now is so sanitized. I am pretty sure climbing a tree is more than fine even 30 years ago.
This is good news for me. It would weed out those VC-backed podcast platforms that are selling these high numbers to advertisers, and those will be left are who have always been there since the bubble happened.
It remains to be seen. OpenAI’s models are barely leading Gemini Ultra now, but as chat product it is still miles ahead of the Gemini interface.