These people make me thirsty for guillotine time
“Not a bubble” isn’t for us it’s for investors that are starting to wake up. He’s just trying to keep them asleep
No shit. Their stocks would crater if they did tell the truth.
Is davos a gathering of villains hell-bent on making the world a worse place?
It’s just one letter away from Davros. They’re not fooling me.
very hard to convince someone of something when their paycheck requires they don’t understand it. seroiusly “hay I’m one of the people who has been demanding my company finish AI and roll it out and stuff it into everything we sell to look like massive growth so my stocks will start going up even though the language models aren’t even designed to do what were claiming, and they don’t even work well as language models, and we have no real use for them and they’re horrifyingly costly to run, but no, I don’t think it’s a bubble.”
Of course they deny that AI is a bubble. Like real estate speculants deny the housing market being a bubble. It simply would be an admission of failure.
Every conman insists his bullshit is real. Honest!
I haven’t read the article. I’m not going to read the article because I, quite frankly, don’t care about these people and I hope they all fucking crash and burn. But I’m going to take a guess and say that their attitude is something on the order of “We’re making tons of money how can they possibly be the bubble?”
In my opinion thus far, AI is good for the consumer, not the enterprise. It has no new information, which is what makes companies grow. I know people don’t think the want it, but in the end, it will be that Microsoft, Apple, and Max n don’t have a reason for it right now. While Google does. (Bing is Microsoft so yes). People are idiots and can learn from others. New ideas can’t come from language models, thus useless to companies looking to engineer new ideas. But if you want to re-iterate BS people could not find, it helps. It will bleed anyone providing the information dry, so that will dry off, but it puts every dollar into the search engines povket for advertising, and steals from anyone chasing “the American Dream”.
The bubble thing is more the financial aspect. None of these AI companies are profitable and they also don’t have a clear path to profit. For some time the business plan of Open AI was literally develop advanced AI and then let the AI figure out how to make money. Yet, these companies attract huge amounts of investment and are responsible for basically all of the economic growth in the US.
Nobody thinks there are no uses at all for LLMs or image generation etc. or that people in general hate all AI. It’s a bubble because a lot of money is being invested in something that nobody managed to make profitable yet, so if the investment stops, then these companies will all implode.
There is also the fact that AI is being shoved into a lot of places where it really is quite useless. Search engines are the most glaring example of this. LLMs aren’t suited for integration into a search engine, and yet every search engine in existence has had one mashed into it and advertised as the greatest thing since sliced bread. And they all universally suck at it.
What benefit? Seriously, what benefits are you actually talking about?
Maybe they exist in niche areas, like improved translation software or some such thing, but maybe that’s just normal “use computers better” technological advancement and not actually anything magical.
He isn’t Fonzie but he has definitely jumped the shark.
We banish you from this plane of reality, AI bubble!
waves wand
Begone evil beast!
AI casts government intervention at a level 5.
Dm: I fucking hate this new ruleset.
Bubble inflators say there’s no bubble, ask for more pumps for no reason.
Tulip vendors saying mania is fake news!
I’m sure he’ll have no problem holding my pet Fluffy then.
Filthy rich liars that got filthy rich by lying and stealing are once again lying to protect their disgusting wealth. Who could‘ve seen this coming?
Yeah, I’m sure they do
I’d rather forgo all of my technology and live like a caveman than use and embrace AI the way these morons want.
The more I learned about packet tracking and air gapped attacks makes me want to just uncle Ted the fuck out, minus the violence.
I wouldn’t mind Tedding out some of these tech bros.
Even if you wanted to you can’t use AI the way these guys want, because it doesn’t work.
