Technology

It will probably burst, but that does not man that AI will go away completly.

AI companies specializing in spreading bullshit all across the internet have a bright future however

No shit

So, I have clients that are actively using AI on a daily basis and LOVE it. It is however a very narrow subset. Also, I’m pretty sure that a LARGE amount of Dollars are currently being spent on AI generated political articles.

People look at the advertising for this shit (and future tech-bro shit) and wonder, "who is this for"? Remember E.L.O.N. Exaggerated Lies Overlooked Narratives

Think of every manager and boss you've ever had. They don't think, they just do. Salesmen convince them using issues that don't exist, to sell solutions that don't really work, to people that don't understand how to use them. Repeat over 70 years and you have the modern American education system.

Now things are different. Money is scarce, things are getting tight. Tech-Bros have changed from a mildly infuriating strategy, to a downright abusive one. These simple minded managers think everything is under attack, and the only solution is what they already have, but heavily monetized and completely unusable.

They couldn’t keep their heads on fucking straight during the .com bubble, and here they are doing it all over again.

As someone who follows the startup space (and is thinking of starting their own, non-AI driven startup), the issue is all of the easily solvable problems have already been solved. The only thing that shakes up the tree is when new tech comes along and makes some of the old problems easy to solve.

So take a look at crypto - If you wanted to make a tip bot on Telegram, before crypto that was really hard. You needed to register with something like PayPal, have the recipient register with PayPal, etc etc etc. After crypto it was "Hey this person sent you 5$, use this private key if you want to recover it" (btw I made this service and it was used a lot).

Now look at AI - Imagine making a service that detects CSAM before AI took off. As an aside, I did NOT make this service, but I know a group of people who did. Imagine trying to make this without the AI boom - you'd need millions of images for training data, a PhD in machine learning, and so much more. Now, anyone can make it in their basement.

The point is, investors KNOW the bubble is a bubble and that it will pop. It doesn't matter though. They're looking for people who will solve problems that previously cost 1bln to solve with only 1mln of funding. If even 1% of their companies pay off, they make a profit.

Aw, only 99%?

Yeah, AI is really just a surveillance tool than anything else.

When AI "creates" something, it's just pulling up things related to words you typed in and making an amalgamation of what you typed in out of what it has.

The real purpose is for corporations and governments to look through people's devices and online storage at super speed.

this is why you all need to be using end-to-end encrypted storage for everything and VPNs with perfect forward secrecy

do your own research into the history of each provider of those things before you buy it

Eh... "Robin Li says increased accuracy is one of the largest improvements we've seen in Artificial Intelligence. "I think over the past 18 months, that problem has pretty much been solved—meaning when you talk to a chatbot, a frontier model-based chatbot, you can basically trust the answer," the CEO added."

That's plain wrong. Even STOA black box chatbots give wrong answer to the simplest of questions sometimes. That's precisely what NOT being able to trust mean.

How can one believe anything this person is saying?

The AI bubble might be the 2020s' dotcom bubble.

Checks to see if Baidu is doing AI…yes, they are. How shocking.

And they will ALL deserve it.

YUP

Wow, a CEO who doesn’t buy into the hype? That’s astonishing.

I, for one, cannot wait for the bubble to burst so we can get back to some sense of sanity.

Edit>> Though if Baidu is investing in AI like all the rest, then maybe they just think they’ll be immune — in which case I’m sad again that I haven’t yet come across a CEO who calls bullshit on this nonsense.

AI will have its uses, and it has practical use cases such as helping people to walk or to speak or to translate in real time, etc. But we’re decades away from what all these CEOs seem to think they’re going to cash in on now. And it’ll be fun on some level watching them all be wrong.

Tech makes bubbles because people think it’s magic.

Good.