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Blind to Disruption – The CEOs Who Missed the Future

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11–20 of 164 posts

Re: Blind to Disruption – The CEOs Who Missed the Future

#11

I like the historical part of this article, but the current problem is the reverse. Everyone is jumping on the AI train and forgetting the fundamentals.

I definitely don't think so. You're seeing companies who have a lot of publicity on the internet. There are tons of very successful SMBs who have no real idea of what to do with AI, and they're not jumping on it at all. They're at risk.

Re: Blind to Disruption – The CEOs Who Missed the Future

#12
post #3

> Even with evidence staring them in the face, carriage companies still did not pivot, assuming cars were a fad. I like this quote. But this analogy doesn’t exactly work. Withe this hype cycle, CEOs are getting out and saying that AI will replace humans, not horses. Unlike previous artisans making carriages, the CEOs saying these things have very clear motivations to make you believe the hype.

Moreover, there was at least one company which did pivot --- the Chevy Malibu station wagon my family owned in the mid-70s had a badge on the door openings:

>Body by Fisher

which had an image of the carriages which they had previously made.

Re: Blind to Disruption – The CEOs Who Missed the Future

#13

I like the historical part of this article, but the current problem is the reverse. Everyone is jumping on the AI train and forgetting the fundamentals.

I definitely don't think so. You're seeing companies who have a lot of publicity on the internet. There are tons of very successful SMBs who have no real idea of what to do with AI, and they're not jumping on it at all. They're at risk.

> They're at risk.

They're at risk of what? It's easy to hand-wave about disruption, but where's the beef?

Re: Blind to Disruption – The CEOs Who Missed the Future

#14
post #7

From the article: _____ The first cars were: - Loud and unreliable - Expensive and hard to repair - Starved for fuel in a world with no gas stations - Unsuitable for the dirt roads of rural America _____ Reminds me of Linux in the late 90s. Talking to Solaris, HPUX or NT4 advocates, many were sure Linux was not going to succeed because: - It didn't support multiple processors - There was nobody to pay for commercial…

>- Starved for fuel in a world with no gas stations

Actually, gasoline was readily available in its rôle as fuel for farm and other equipment, and as a bottled cleaning product sold at drug stores and the like.

>- Unsuitable for the dirt roads of rural America

but the process of improving roads for the new-fangled bicycle was well underway.

Re: Blind to Disruption – The CEOs Who Missed the Future

#15
Let us see how this will age. The current generation of AI models will turn out to be essentially a dead end. I have no doubt that AI will eventually fundamentally change a lot of things, but it will not be large language models [1]. And I think there is no path of gradual improvement, we still need some fundamental new ideas. Integration with external tools will help but not overcome fundamental limitations. Once the hype is over, I think large language models will have a place as simpler and more accessible user interface just like graphical user interfaces displaced a lot of text based interfaces and they will be a powerful tool for language processing that is hard or impossible to do with more traditional tools like statistical analysis and so on.

[1] Large language models may become an important component in whatever comes next, but I think we still need a component that can do proper reasoning and has proper memory not susceptible to hallucinating facts.

Re: Blind to Disruption – The CEOs Who Missed the Future

#16

Earlier quoted context omitted.

I definitely don't think so. You're seeing companies who have a lot of publicity on the internet. There are tons of very successful SMBs who have no real idea of what to do with AI, and they're not jumping on it at all. They're at risk.

> They're at risk. They're at risk of what? It's easy to hand-wave about disruption, but where's the beef?

at risk of getting all my business because the big companies think I want to talk to a bot instead of a person lol

Re: Blind to Disruption – The CEOs Who Missed the Future

#18
post #4

nice article, but then end with the brain dead "jump on [current fad]". If this was published a few months ago, it would be telling everyone to jump into web3.

Yes, would have been a much better article if it told us how to be sure AI is the next automobile and that AI is not the next augmented reality, metaverse, blockchain, Segway, or fill-in-your-favorite-fad.

Re: Blind to Disruption – The CEOs Who Missed the Future

#19
post #9

I like the historical part of this article, but the current problem is the reverse. Everyone is jumping on the AI train and forgetting the fundamentals.

AI will plausibly disrupt everything

We have a system to which I can upload a generic video, and which captures eveeeeeerything in it, from audio, to subtitles onscreen, to skewed text on a mug, to what is going on in a scene. It can reproduce it, reason about it, and produce average-quality essays about it (and good-quality essays if prompted properly), and, still, there are so many people who seem to believe that this won't revolutionize most fields?

The only vaguely plausible and credible argument I can entertain is the one about AI being too expensive or detrimental to the environment, something which I have not looked sufficiently into to know about. Other than that, we are living so far off in the future, much more than I ever imagined in my lifetime! Wherever I go I see processes which can be augmented and improved though the use of these technologies, the surface of which we've only barely scratched!

Billions are being poured trying to use LLMs and GenAI to solve problems, trying to create the appropriate tools that wrap "AI", much like we had to do with all the other fantastic technology we've developed throughout the years. The untapped potential of current-gen models (let alone next-gen) is huge. Sure, a lot of this will result in companies with overpriced, over-engineered, doom-to-fail products, but that does not mean that the technology isn't revolutionary.

From producing music, to (in my mind) being absolutely instrumental in a new generation of education or mental health, or general support for the lonely (elderly and perhaps young?), to the service industry!...the list goes on and on and on. So much of my life is better just with what little we have available now, I can't fathom what it's going to be like in 5 years!

I'm sorry I highjacked your comment, but it boggles the mind how so many people so adamantly refuse to see this, to the point that I often wonder if I've just gone insane?!

Re: Blind to Disruption – The CEOs Who Missed the Future

#20
post #3

> Even with evidence staring them in the face, carriage companies still did not pivot, assuming cars were a fad. I like this quote. But this analogy doesn’t exactly work. Withe this hype cycle, CEOs are getting out and saying that AI will replace humans, not horses. Unlike previous artisans making carriages, the CEOs saying these things have very clear motivations to make you believe the hype.

I'm not sure I agree much Cynically, there's no difference from a CEO's perspective between a human employee and a horse They are both expenses that the CEO would probably prefer to do without whenever possible. A line item on a balance sheet, nothing more

I think ceos that think this way are a self fulfilling prophecy of doom. If they think of their employees as cogs that can be replaced, they get cogs that can be replaced.
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