One of my friends is in finance, and the other in biology, and judging by the way that they talk about it, they believe that AI is about to take over the world, and they believe there is a huge monolithic black box that can solve all the world's problems. So yes, there is a huge bubble. The question is how exactly will the bubble pop? Or will it pop?
We have seen many a bubbles in the past. The AI bubble will also burst eventually. I have a first hand experience of it in the ML/NLP world, and I can safely say it is about 30% works plus 70% hype. Large amount of data has helped, so AI systems are better than before (with lots of training data), but that's pretty much it. It is not going to replace programming jobs, leave aside solving world problems.
Confession of a so-called AI expert
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Re: Confession of a so-called AI expert
#42> 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…
1. Something works past all expectations.
2. There is craze, overhype, bubble and bust.
The markets have the ability to overvalue things that are great successes. In fact overinvestment and bubbles are often the result of real success.
If something generates 100X return, its completely feasible that markets value it in level that would require 200X return to be profitable investment.
Re: Confession of a so-called AI expert
#43What I don't understand is how you get a gig teaching a course at Stanford while being an undergraduate student at Stanford. Is this some sort of special seminar course or something?
I didn't come off of this article feeling very impressed with Stanford's CS department. Someone with contextual knowledge please explain why I am wrong. I've had my own calculus / discrete math / math for bio courses before but that was after several years as a doctoral student and TA at Georgia Tech. I can't imagine that there isn't a PhD candidate with more experience under their belt both teaching and using Tensor…
Re: Confession of a so-called AI expert
#44Possible that she has severe imposter syndrome and she sounds above average. But maybe she really isn't as great as everyone thinks she is and she wants people to know that. And maybe people shouldn't pat her on the back and say "no dude you're great don't say that"
*disclaimer: basing this on blog comments and some comments here
Re: Confession of a so-called AI expert
#45Re: Confession of a so-called AI expert
#46Why would anyone not continually bike for commuting purposes once they are wealthy? Biking is such a joy whether you're 7 or 70, rich, or poor.
Re: Confession of a so-called AI expert
#47Re: Confession of a so-called AI expert
#48That's the problem - these AI companies... believe their own hype a bit too much.
Re: Confession of a so-called AI expert
#49Re: Confession of a so-called AI expert
#50> It’s a phenomenon that Richard Socher, the dishevelled 30-something (or 20-something?) lecturer who just sold his company for several hundred millions yet still biked to campus, mentioned in his class: “Companies keep asking my students to drop out to work for them.” Why would anyone not continually bike for commuting purposes once they are wealthy? Biking is such a joy whether you're 7 or 70, rich, or poor.