this post was submitted on 02 Jan 2024
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But why? And what bubble?
Not OC, but there’s definitely an AI bubble.
First of all, real “AI” doesn’t even exist yet. It’s all machine learning, which is a component of AI, but it’s not the same as AI. “AI” is really just a marketing buzzword at this point. Every company is claiming their app is “AI-powered” and most of them aren’t even close.
Secondly, “AI” seems to be where crypto was a few years ago. The bitcoin bubble popped (along with many other currencies), and so will the AI bubble. Crypto didn’t go away, nor will it, and AI isn’t going away either. However, it’s a fad right now that isn’t going to last in its current form. (This one is just my opinion.)
Crypto didn’t go anywhere? Sure it’s not completely eradicated but it’s way less in the mainstream now than it was at its height; and it basically has the rep of being a scam now.
AI is currently used in far more real world use cases than crypto ever was. Maybe it doesn’t take off into infinity but it’s definitely going to be a lot more prevalent
The... AI... bubble.
I said that. It's right there.
As for "why," because it's causing problems as people trust a technology that can just straight up give them false information. The sooner the bubble bursts, the fewer people will be harmed by AI hallucination.
This isn’t the first time there has been a ton of hype surrounding “AI” - folks back in the 60s were having conversations with “Eliza.” IIRC there were also a similar boom in the early 90s.
“AI” has been entirely misrepresented to investors and the public at large. The computing resources needed to produce the impressive results we saw a few months ago are not sustainable long term, and will not produce profit. We can already see ChatGPT being tuned down and giving worse results.
Like crypto/NFT/previous hypes, it’s also being shoved into places it doesn’t belong. The education system is collapsing, why not have kids learn from “AI” teachers? Facebook/every other social platform refuses to pay for effective content moderation - just get an “AI” to do it. It’s not effective at all, but it works enough for the c-suite who believe the hype.
“AI” has also essentially become a digital oil spill - the internet has always been lousy with garbage but “AI” makes it easy to pump out thousands of shitty comments to promote whatever agenda you’d like. You can already see this on Facebook - threads of hundreds of boomers admiring imaginary statues of Jesus or whatever.