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The air is hissing out of the overinflated AI balloon

theregister.com

21–30 of 140 posts

Re: The air is hissing out of the overinflated AI balloon

#21
post #9

Earlier quoted context omitted.

When the dot com bubble burst, the internet did not go away. Just the over inflated companies did. The underlying tech was not to blame, but the mismanaged VC funded nonsense that goes on inside hype machines. We lathered and rinsed, now we're repeating.

[deleted extreme wrongthink]

This isn’t true. Housing prices recovered by 2016

Re: The air is hissing out of the overinflated AI balloon

#22
post #13

Earlier quoted context omitted.

Many fast food places now have tablet based ordering, so turns out AI wasn’t needed for software to take away jobs. That said, AI could do that job perfectly well. The reason we still have human to human interaction when you order is that it creates a more interesting environment for employees, who crave at least some kind of human contact. And customers will pay marginally more for the food if they get some human co…

> Many fast food places now have tablet based ordering As an experience though, they could hardly have implemented it in a worse way. A big part of the reason I don't go to McDonald's any more is that the experience of using the ordering kiosks is so awful compared to just telling a human what I want.

> A big part of the reason I don't go to McDonald's any more is that the experience of using the ordering kiosks is so awful compared to just telling a human what I want.

Huh, for me is the polar opposite. Maybe it's because I mumble, is unclear or don't speak the native language as well as the natives where I live, but I always preferred the kiosks. I seem to always get what I order then, and it's a lot easier to customize things. Generally just feels faster, which I guess is the most important thing about fast-food, I want to be in-and-out of there as quick as possible, the less humans I have to deal with, the better.

Re: The air is hissing out of the overinflated AI balloon

#23
post #13

Earlier quoted context omitted.

Many fast food places now have tablet based ordering, so turns out AI wasn’t needed for software to take away jobs. That said, AI could do that job perfectly well. The reason we still have human to human interaction when you order is that it creates a more interesting environment for employees, who crave at least some kind of human contact. And customers will pay marginally more for the food if they get some human co…

> Many fast food places now have tablet based ordering As an experience though, they could hardly have implemented it in a worse way. A big part of the reason I don't go to McDonald's any more is that the experience of using the ordering kiosks is so awful compared to just telling a human what I want.

Also the kiosks are frequently broken.

Re: The air is hissing out of the overinflated AI balloon

#24

One of the lowest level jobs in the market is taking orders at a fast food drive thru. If AI can't do this job, it probably can't do yours either. https://www.bbc.com/news/articles/c722gne7qngo Bottom line: AI has very poor grasp of reality --- because (surprise, surprise) it has zero real world experience.

6 years old and not using LLMs, try again.

Re: The air is hissing out of the overinflated AI balloon

#25

One of the lowest level jobs in the market is taking orders at a fast food drive thru. If AI can't do this job, it probably can't do yours either. https://www.bbc.com/news/articles/c722gne7qngo Bottom line: AI has very poor grasp of reality --- because (surprise, surprise) it has zero real world experience.

These are actually *not* using llms! Good ol' typical decision tree.

Re: The air is hissing out of the overinflated AI balloon

#26

One of the lowest level jobs in the market is taking orders at a fast food drive thru. If AI can't do this job, it probably can't do yours either. https://www.bbc.com/news/articles/c722gne7qngo Bottom line: AI has very poor grasp of reality --- because (surprise, surprise) it has zero real world experience.

Android kiosk can do that job.

Re: The air is hissing out of the overinflated AI balloon

#27

Large Language Models will change a significant portion of how companies and thus the economy works. This will be transformational. AI Companies are still overhyped.

The analogy to the Dot Com bubble seems strong. Pretty much everything promised in the Dot Com bubble has come to pass. It just didn't come to pass on the time frame the stock valuations implied. And given that the time value of money is an exponential process and not just a linear one, missing by 10-15 years is missing by a lot.

I don't know that AI is going to miss in the same way by 15 years but I also don't see how it can possibly justify the promises implied by the current valuations and investments. A thing nobody wants to talk about is how quickly all the hardware that was so frantically purchased is depreciating, for instance. And even missing by 5 years with the exponential time value of money is still missing by a lot, although perhaps I won't italicize this particular "lot".

Re: The air is hissing out of the overinflated AI balloon

#28

One of the lowest level jobs in the market is taking orders at a fast food drive thru. If AI can't do this job, it probably can't do yours either. https://www.bbc.com/news/articles/c722gne7qngo Bottom line: AI has very poor grasp of reality --- because (surprise, surprise) it has zero real world experience.

Prob what will happen is that you will need to use the app to "order" and then scan a generated code before accessing the drive thru. Not really AI needed, kiosk has been replacement these jobs since Corona (and prob earlier than that).

Corona is a brand of beer.

Re: The air is hissing out of the overinflated AI balloon

#29
post #13

Earlier quoted context omitted.

Many fast food places now have tablet based ordering, so turns out AI wasn’t needed for software to take away jobs. That said, AI could do that job perfectly well. The reason we still have human to human interaction when you order is that it creates a more interesting environment for employees, who crave at least some kind of human contact. And customers will pay marginally more for the food if they get some human co…

> Many fast food places now have tablet based ordering As an experience though, they could hardly have implemented it in a worse way. A big part of the reason I don't go to McDonald's any more is that the experience of using the ordering kiosks is so awful compared to just telling a human what I want.

I actually prefer the kiosk. No ambiguity.

Re: The air is hissing out of the overinflated AI balloon

#30
post #9

Earlier quoted context omitted.

When the dot com bubble burst, the internet did not go away. Just the over inflated companies did. The underlying tech was not to blame, but the mismanaged VC funded nonsense that goes on inside hype machines. We lathered and rinsed, now we're repeating.

[deleted extreme wrongthink]

What do you mean when you say housing hasn’t recovered from the 2008 bubble?
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