Laya is just ModernBert fine-tuned. It's still a language model (just a bidirectional one). Let's call it what it is instead of this weird Decision Model mysticism.
I am also not a big fan of everybody calling them system one models. AFAIK, system one also refers to activities like driving a car, but I don't want to have those decision models driving cars.
So I think I understand what is meant, but I don't like the comparison.
Metaphors are easy to disagree with if you don't attempt to understand what they are used to try to communicate.
System one was an attempt to distinguish the "thinking" of thinking models (which is more akin to system two thinking with deliberate arguing/building up a decision) from fast instinctive thinking. It's a really good metaphor for the kind of trade-off or use case this applies to.
It is not and was never implying that it is a replacement for all human system one thinking activities.
So I think I understand what is meant, but I don't like the comparison.
System one was an attempt to distinguish the "thinking" of thinking models (which is more akin to system two thinking with deliberate arguing/building up a decision) from fast instinctive thinking. It's a really good metaphor for the kind of trade-off or use case this applies to.
It is not and was never implying that it is a replacement for all human system one thinking activities.
Maybe the people talking about an AI bubble do have a point. I am getting the impression here that investors are throwing money at everything.
Personally I believe AI labs have a solid business model that could soon be very profitable, but this here has me doubting now.