Chapter 906 – AI Supremacy
Growth.
There is bound to be a huge uproar in the industry.
“CW Securities…”
“The market capitalization has surpassed Berkshire Hathaway.”
“That’s not the problem!”
It’s only been two years.
It shows an unbelievable growth rate.
It’s luck.
It cannot continue.
Concerns and jealousy pouring in from the public.
“How can we discuss AI in the market today without Lee Chan-wook?”
Simply wipe it out.
No, it has become more influential than that.
Artificial intelligence.
This is because it has emerged as the most important issue in the stock market.
“Certainly considering our position in Korea…”
“That’s just a minor detail. Compared to the stakes in AI-related companies.”
Times change.
Just like the dot-com bubble in the 2000s.
Internet.
It changed my daily life 180 degrees.
We can no longer imagine life without the Internet.
“They own more than 10% of shares in major companies, including NVIDIA. It’s as if they knew the AI era would come.”
AI will be like that too.
Of course, it may collapse like the dot-com bubble.
But the process.
It is true that there has been a tremendous rise.
The stock market is going crazy.
—————————–±
『CW Securities Holdings Status』
NVDA 310 million shares
SMCI 6 million shares
AVGO 60 million shares
SQ Technics 100 million shares
Korea Semiconductor 15 million shares
．
．
．
Opportunity is hidden.
The one holding the bag has become Lee Chan-wook.
“Companies’ business transition speed is rapid.”
“I guess it’s because Lee Chan-wook requested it.”
“It’s being promoted ridiculously!”
It’s not uncommon.
Equity.
Do not own it simply to make a profit.
It is the ‘right to speak’.
Shareholders exercise their rights as shareholders to make beneficial changes to the company.
“Ignoring changes in the AI era and taking a wait-and-see approach is not a wise choice. At least until Lee Chan-wook’s attitude changes.”
This is also the method of activist funds.
This is a common occurrence in the United States.
Korean Newspaper− “Starbucks CEO replaced in response to activist hedge fund demands… Result is a surge in stock price”
Fact News− “Pinterest, stock price soars 22% on expectations of activist fund”
Problems of the company.
I think it will get better if we improve like this.
As a shareholder, it is an active claim.
It has a significant impact on stock prices.
We are doing it on a larger, more challenging scale.
“It’s not easy to dispose of that amount.”
“It’s rather trustworthy.”
“I agree. Whether or not the AI era actually comes…”
To a level that will change the world.
I can’t help but be conscious.
A small ball launched by Lee Chan-wook.
It deserves to be the biggest talking point on Wall Street.
‘…’
Such a situation.
There are bound to be people who don’t like it.
No, it’s ambiguous.
“The development of GPT3.5 Turbo is going smoothly. If this trend continues, we will be able to complete the beta as scheduled!”
“Umm…, Yes.”
“Boss?”
Sam Altman, founder of OpenAI, is in a delicate mood.
Artificial intelligence is in the spotlight.
Astronomical investment.
Although it is helpful in developing software including GPT.
‘I can’t afford it. ‘My money.’
The industry is changing at a tremendous pace.
Even generative AI is an old-fashioned concept.
Why?
Make dogs or cows.
Anything is possible as long as you train with GPU.
“Continue briefing.”
“Yes! The performance is a bit disappointing compared to the existing GPT version, but the price per token has been dramatically reduced! Even though it’s still just the beginning…”
Therefore, the focus of the industry changed to ‘money’.
Can you really be productive?
—————————–±
『Input/output price per 1K token』
GPT-3: 0.02＄/ 0.06＄
GPT-3.5 Turbo: 0.002＄/ 0.006＄
Gemini 1.0 Pro: 0.0035＄/ 0.0105＄
LLaMA-2 70B: 0.002＄/ 0.006＄
±——————————————–
Token refers to the amount of words.
Based on the alphabet, there are an average of four letters per token.
The performance of each LLM (language model) is average.
But the price cannot.
“We will definitely be able to make more groundbreaking changes with GPT4! We are working on a mini version in parallel with the existing GPT4 development…”
It is the same as producing goods.
Anyone can make it if they spend money.
Mass production at low price.
Having market competitiveness is something completely different.
“Umm…, You’re doing well.”
“I’m glad we were able to achieve our goal!”
“Yes, yes.”
It will become more severe in the future.
Why?
This is because there are more GPUs.
The performance of LLM improves dramatically.
At first glance, it seems like a great innovation.
‘It’s all about money.’
At the same time, we are facing unmanageable inefficiencies.
The price of use is skyrocketing.
Every time users use something, money leaks out.
It is not a structure that can make a profit.
Too~ Too~
That’s why we’re betting on a lightweight model.
The performance is a bit lacking, but it is much cheaper.
‘Someone is only looking at the dwindling investment money.’
Only companies that succeed at this survive.
Like the dot-com bubble crisis in the 2000s.
Many companies have disappeared.
The only winners left are Google, Amazon, and Microsoft.
Open AI is engaged in a fierce competition at the forefront.
To become a winner in the AI era.
—————————–±
『CW Securities』
540.89＄ ▲159.91＄ (＋41.97%)
[Graph showing a steady upward trend. Jpg]
±——————————————–
On the other hand, Lee Chan-wook.
I’m making money comfortably.
Like a jeans seller during the gold rush era.
Companies also buy just that.
GPUs and the chip manufacturers that make them.
“Yes, it is me, Chairman.”
He can’t be anything other than a quiet guy.
They are the ones who caused the AI boom.
〈 I am no longer the chairman. Sam〉
“Ah, yes. But in my heart, you will always be the chairman.”
I have dreamed of this since I founded OpenAI 8 years ago.
To become a pioneer in the AI era.
‘How much I sacrificed to get this opportunity.’
Open AI faced difficulties from the beginning.
It recorded net losses of tens of millions of dollars every year.
The company is in danger of going bankrupt.
Even Elon Musk, who was an investor, walked away.
“Sam brought in Elon Musk for money and advice.”− Paul Graham
In reality, it was thrown away.
The shadow of Musk was too small to achieve his dreams and desires.
〈 Don’t worry about your investment. Because I always vote in favor of your plans.〉
As soon as Musk left, Microsoft came in as a sponsor.
As if we had made a promise.
No, it was all planned.
He intentionally put the company in crisis.
‘Musk lived because he was stupid and naive.’
Manage at a loss.
We do not even recruit sponsors.
The company is also run like crazy.
We have significantly increased the hiring of women and people of color.
To make Musk stop Open AI.
“I don’t want anything more from the Chairman. All I can think about is how I can repay the favor.”
Musk’s name value was used.
It was a stepping stone to gaining the backing of Microsoft.
It has reached the present with the announcement of ChatGPT.
I thought the only thing left to do was to keep winning.
〈You have a favor to ask me? 〉
“Haha…, As expected, you can’t fool the chairman.”
〈If it is for you who are leading the AI era, we will not spare any support.〉
There was an unexpected ambush.
It takes away the spotlight that should be on you.
Wow!
Just thinking about it makes my teeth grind.
This is especially true because he is a resourceful person that cannot help but be acknowledged.
“Successful people create companies. More successful people create nations. “The most successful people create religions”− Sam Altman
Business.
Some people are good at it to some degree.
It’s not that common, but it’s common.
The real thing is star quality.
It is the light that he took away from Elon Musk, and it is the light that will brighten the AI era.
“I have a favor to ask you for that…〉
It can never be taken away.
Regardless of means or methods.
No, it has been that way from the beginning.
There should not be two suns under the same sky.
Lee Chan-wook must be brought down.
* * *
It may have been foretold.
Snap!
Click! Snap!
Numerous reporters.
The camera shutter explodes repeatedly.
Passersby were also anxious because they couldn’t see.
“What festival is taking place?”
“It’s not a festival, it’s a press conference.”
It is receiving so much attention.
This is because a press conference by a celebrity is scheduled.
It’s natural to be curious.
If the person in charge had appeared, it would be acceptable.
〈 Mr. Bill Gates regrets this incident…〉
Not so.
A spokesperson came out.
I don’t like being in the media spotlight.
He has been living a leisurely life since stepping down from his position as CEO.
That kind of Bill Gates.
“Is it your intention to sue?”
“I wonder if it was done for money…”
“It’s tyranny to silence people!”
There was something to be angry about.
Some reporters.
Even though he knows everything, he is still protesting.
There are also people who believe seriously.
The spokesperson gives a rebuttal as if he had been waiting.
〈Bill Gates never put a chip in your head! If this obvious fact cannot be explained, the only thing left is to sue.〉
It was truly unfair.
