Is it really a bubble if it's producing real value? The answer is yes. Bubbles are investment and financial entities, decoupled from the value the sector is producing, and a bubble burst can indeed destroy real value. So AI being in a bubble says nothing about whether AI is valuable.
It's not really a bubble from the financial risk perspective if there isn't a way to "correct" or collapse it. Machine Learning is a feature set inside an application inside a market. It's not an industry of it's own where massive swaths of an industry place their money or livelihoods, like e-commerce or derivatives. So in that sense there isn't any bubble to burst. The majority of ML applications are happening INSID…
Confession of a so-called AI expert
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Re: Confession of a so-called AI expert
#12> Even though I’m one of the beneficiary of this AI craze, I can’t help but thinking this will burst. I don't think it will. Level off - maybe. I've started my work in Computer Vision with classical algorithms (SIFT features, geometry, correlation filters and things alike people were researching for decades). These really worked like garbage, it was a nightmare. Then we jumped on DL bandwagon - and CV just clicked fo…
Re: Confession of a so-called AI expert
#13Earlier quoted context omitted.
It's not really a bubble from the financial risk perspective if there isn't a way to "correct" or collapse it. Machine Learning is a feature set inside an application inside a market. It's not an industry of it's own where massive swaths of an industry place their money or livelihoods, like e-commerce or derivatives. So in that sense there isn't any bubble to burst. The majority of ML applications are happening INSID…
Investing billions of dollars in companies and paying employees crazy salaries simply because their title contains the word "data", how is there no way to collapse that? One day the time comes to reap the reward and when the rewards are a lot smaller than expected funding will be withdrawn or at the very least scaled back.
Re: Confession of a so-called AI expert
#14The article is an interesting mix of imposter syndrome and bubble speculation. I guess a good question is: if you know you're in a bubble and you feel like an imposter, are you right?
Based on what the author is saying, part of me thinks imposter syndrome and bubble are both justifiable ways of thinking about what he's describing, but to me as an outsider the bigger problem it reveals is the way hiring and career development happens.
Without exaggerating anything about me, or without this coming from a place of jealously (although I can't deny I'm a bit jealous), it seems that I could easily teach the course they're teaching, with a deeper understanding of the material, and more justification for teaching it in many ways. I know that if I taught that course it would be fairly easy and not really stressful--fun in fact. I've taught courses on equally complex stats and math, and published in related areas.
And yet, there are no recruiters pounding on my door. If I applied for jobs most places would throw out my application for all sorts of reasons.
This person seems competent enough, so I do think there's impostor syndrome going on. Part of what they're describing is a normal process of teaching higher ed for the first time. And there probably is a bubble--the stuff they're describing is part and parcel of hype that goes along with bubbles, and although extremely useful, I think there's also a lot of problems with AI being swept under the rug.
This post really touches a nerve for me, because it gets at a problem with careers, at least in the US, which is that the bases of hiring decisions (and by hiring I mean broadly, not just as an employee) are so incredibly superficial. My guess is this person would function fine in AI, but I think anyone who knew me would have to bet that, between the two of us, I would be better qualified and better able to work in that area. But because this person taught an AI course at Stanford, they're more sought after than me, who doesn't even have a CS degree (although I do have a PhD) and certainly not a degree from an elite school.
I'm really at a difficult place in my life because I'm at a point in my career where I should be happy, and lots of people would say I'm successful, but to me I feel professionally typecast and trapped, by stereotypes and superficial appraisals. All the time you hear admonishments that degrees don't matter, etc. but then the reality is, they not only matter but matter in the most superficial ways possible, where it's not just having a degree and publishing and doing research in closely related areas, but having a degree covering exactly what is the focus of a hot plasma-magnitude bubble, from an elite university no less.
Most of the time at this point I just want a job that pays enough, and where I can live in a nice, comfortable safe place that I love. I've started to feel like the whole concept of meritocracy is a huge lie, and not because the people benefiting from it are incompetent--not because of false positives--but because of the huge problem of false negatives that lies in the shadows.
Re: Confession of a so-called AI expert
#15Re: Confession of a so-called AI expert
#16This reminds me of Ferenc's reminder that 'deep learning is easy' - ' http://www.inference.vc/deep-learning-is-easy/
Re: Confession of a so-called AI expert
#17> Even though I’m one of the beneficiary of this AI craze, I can’t help but thinking this will burst. I don't think it will. Level off - maybe. I've started my work in Computer Vision with classical algorithms (SIFT features, geometry, correlation filters and things alike people were researching for decades). These really worked like garbage, it was a nightmare. Then we jumped on DL bandwagon - and CV just clicked fo…
Re: Confession of a so-called AI expert
#18> Even though I’m one of the beneficiary of this AI craze, I can’t help but thinking this will burst. I don't think it will. Level off - maybe. I've started my work in Computer Vision with classical algorithms (SIFT features, geometry, correlation filters and things alike people were researching for decades). These really worked like garbage, it was a nightmare. Then we jumped on DL bandwagon - and CV just clicked fo…
This. I don't think people even get a hint of what is possible nowadays with DL in CV, NLP etc. I am actually depressed when I talk to some friends and they are so pitifully outdated, and then even after showing them how to do some magic in 100 lines, observing they are still not getting it and continuing in their old ways :(
Re: Confession of a so-called AI expert
#19> Even though I’m one of the beneficiary of this AI craze, I can’t help but thinking this will burst. I don't think it will. Level off - maybe. I've started my work in Computer Vision with classical algorithms (SIFT features, geometry, correlation filters and things alike people were researching for decades). These really worked like garbage, it was a nightmare. Then we jumped on DL bandwagon - and CV just clicked fo…
> not at human level yet Not even at insect level yet. There's no doubt things will improve, and there's already great value, but I hate calling ML "AI". It's been over 70 years of ML research (specifically neural networks) and I don't know how long it's going to take to reach insect-level behavior (which is still far from basic intelligence) let alone so-called AGI (which, BTW, people in the '50s were certain is jus…
Re: Confession of a so-called AI expert
#20The article is an interesting mix of imposter syndrome and bubble speculation. I guess a good question is: if you know you're in a bubble and you feel like an imposter, are you right?
The funny thing is, it took me about a year to find this position after a good amount of rejections. About a year after I got my data scientist title, I've been contacted by recruiters from places I would have never expected to be contacted from (Amazon, Microsoft, FB, etc.). Did a few interviews, and realized during those interviews that I still have a lot to learn.
For one of the interviews, they gave me a take home assignment where they literally duplicated a column in the feature matrix... I didn't catch it, and during the phone part of the interview I get asked 'do you know notice something interesting about those two feature distribution plots you have there?'
"Hrmm, no I don't. Oh, wait, they look pretty similar."
"They're exactly the same."
"... shit."