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The Hater's Guide to the AI Bubble

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1–10 of 168 posts

Re: The Hater's Guide to the AI Bubble

#4
This is quite refreshing to read, while I would classify myself more in the group of “optimists”, I do believe there is a severe lack of skepticism, and those that share negative or more conservative views are indeed held to different standard to those who paint themselves as "optimists". Unlike other trends before, the wave of grifters in the AI space is atounding, anything can be “AI-powered” as long as its a wrapper/ chatbot

Re: The Hater's Guide to the AI Bubble

#5
Are we in a bubble that's going to pop and take a large part of the economy with it? Almost certainly. Does it mean that the AI is a scam? Not really. After all, the Internet did not disappear after the dotcom burst, and, actually, almost everything we were promised by the dotcoms became reality at some point.

Re: The Hater's Guide to the AI Bubble

#6
post #3

The irony is that I asked ChatGPT to make a summary in french. However, i'm tired of the AI bubble and seeing half of my twitter feed filled w AI announcements and threads

Reddit and LinkedIn especially has become a cesspool of generated content, thankfully its pretty easy to spot and block

Re: The Hater's Guide to the AI Bubble

#7
I think the author's take is overly bleak. Yes, he supports his claim that AI businesses are currently money pits and unsustainable. But I don't think it's reasonable to claim that AI can't be profitable. This whole thing is moving so extremely fast. Models are getting better by the month. Cost is rapidly coming down. We broadly speaking still don't know how to apply AI. I think it's hubris to claim that, in the wake of this whole bubble noone will figure out how to use AI to provide value and noone will be profitable.

Re: The Hater's Guide to the AI Bubble

#9
AI is a temporary buoy for FAANG and the tech industry to keep the financial markets happy while they switch to their next source of growth:

Military contracts.

I hope people understand the irony, but to spell it out: they need to live on government money to sustain growth.

Corporate welfare while 60% of the USA population doesn't have the money to cover a 1000$ emergency.

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