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Please don't say mean things about the AI I just invested a billion dollars in

mcsweeneys.net

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Re: Please don't say mean things about the AI I just invested a billion dollars in

#231

Post by charcircuit »

digiown wrote: post #227
CrossVR wrote: post #224

Earlier quoted context omitted.

I believe that eventually the AI bubble will evolve in a simple scheme to corner the compute market. If no one can afford high-end hardware anymore then the companies who hoarded all the DRAM and GPUs can simply go rent seeking by selling the computer back to us at exorbitant prices.

That makes no sense. If the bubble bursts, there will be a huge oversupply and the prices will fall. Unless all Micron, Samsung, Nvidia, AMD, etc all go bankrupt overnight, the prices won't go up when demand vanishes.

There is a massive undersupply of compute right now for the current level of AI. The bubble bursting doesn't fix that.

Re: Please don't say mean things about the AI I just invested a billion dollars in

#232

Post by logicprog »

goalieca wrote: post #170
logicprog wrote: post #150

Earlier quoted context omitted.

The AI water issue is bunk. https://andymasley.substack.com/p/the-ai-water-issue-is-fake

That article was clearly AI generated. I read pages of it and still didn’t see any actual data. Just different phrasing’s of that claim.

What are you talking about? He goes into plenty of data, domain relevant definitions, specific cases, etc? Links to reliable sources for every numbers claim, of which there's several per paragraph, shows graphs, pictures, and does a lot of math (all of which I manually checked myself on paper as I went through). Also, the writing style is very much not ChatGPT-like, especially with all of the very honest corrections and edits he's added over time, which an AI slop purveyor wouldn't do.

The deep analysis starts at this section: https://andymasley.substack.com/p/the-ai-water-issue-is-fake...

You can't just dismiss anything you don't like as AI.

Re: Please don't say mean things about the AI I just invested a billion dollars in

#233

Post by vitajex »

seizethecheese wrote: post #5

> There’s an extremely hurtful narrative going around that my product, a revolutionary new technology that exists to scam the elderly and make you distrust anything you see online, is harmful to society The article is certainly interesting as yet another indicator of the backlash against AI, but I must say, “exists to scam the elderly” is totally absurd. I get that this is satire, but satire has to have some basis in…

> satire has to have some basis in truth

In order to be funny at least!

Re: Please don't say mean things about the AI I just invested a billion dollars in

#235

Post by bigstrat2003 »

charcircuit wrote: post #194
mediaman wrote: post #166

Earlier quoted context omitted.

How? They are all losing tens of billions of dollars on this, so far. Open source models are available at highly competitive prices for anyone to use and are closing the gap to 6-8 months from frontier proprietary models. There doesn't appear to be any moat. This criticism seems very valid against advertising and social media, where strong network effects make dominant players ultra-wealthy and act like a tax, but th…

>losing tens of billions They are investing 10s of billions.

They are wasting tens of billions on something that has no business value currently, and may well never, just because of FOMO. That's not what I would call an investment.

Re: Please don't say mean things about the AI I just invested a billion dollars in

#236

Post by Joel_Mckay »

Sharlin wrote: post #110
pesus wrote: post #22

Earlier quoted context omitted.

On one hand, we're actively destroying society, but on the other, billionaires are getting richer! Why are you mad at us!?

Sonething something for a brief moment we created a lot of value for the shareholders

With -$4.50 revenue per new customer, these gamblers are demonstrably creating an externalized debt for society when it inevitably implodes the market.

Some are projecting >35% drop in the entire index when reality hits the "magnificent" 7. Look at the price of Gold, corporate cash flows, and the US Bonds laggard performance. That isn't normal by any definition. =3

Re: Please don't say mean things about the AI I just invested a billion dollars in

#237

Post by ziml77 »

consumer451 wrote: post #202
donkey_brains wrote: post #154

Earlier quoted context omitted.

Today a manager at my work asked all his teams including mine “please write up a report on how many engineers from your teams we could replace with AI”. Surprisingly, the answer he got was “none, because that’s not how AI works”. Guess we’ll see if that registers…

I use various agentic dev tools all day long, mostly with Opus. The tools are very capable now, but when planning mid-complexity features, I find the time estimates hilarious. Phase 1: 1-2 weeks Phase 2: 1 week Phase 3: 2 weeks 8 to 12 hours later, all the work is done and tested. The funny part to me was that if I had an AI true believer boss, I would report those time estimates directly, and have a lot of time to d…

Human time estimates are bad, but the ones that AI gives are just absurd. I've seen them used from small things like planning interviews and short presentations, all the way up to large scale projects. In no case do they make any sense to me. But I think people end up trusting them because they look so confident and well planned due to how the AIs break things down.

Re: Please don't say mean things about the AI I just invested a billion dollars in

#239

Post by Joel_Mckay »

hedayet wrote: post #225

The same people selling you AI today (AGI tomorrow) were the ones selling remote work yesterday. Then "mandated" everyone back to the office. Oh, and most of them had a crypto bag too.

Most cons can't create actual value, and inevitably must continue to con to survive. It would be called recidivism if they went to prison. =3

Re: Please don't say mean things about the AI I just invested a billion dollars in

#240

Post by bigstrat2003 »

paodealho wrote: post #220
chasd00 wrote: post #162

Earlier quoted context omitted.

Photoshop has been around for a long time.

And canvases and paint have existed for even longer, but it needs someone skilled to make use of it. Stable Diffusion enabled the average lazy depraved person to create these images with zero effort, and there's a lot of these people in the world apparently.

So? At the end of the day, regardless of how skilled one has to be to use it, a tool is not considered morally responsible for how it is used. Nor is the maker of that tool considered morally responsible for how it is used, except in the rare case where the tool only has immoral uses. And that isn't the case here.
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