Comment on The air begins to leak out of the overinflated AI bubble
Cryophilia@lemmy.world 1 week agoMost of the entire AI economy isn’t even research. It’s just grift. Slapping a label on ChatGPT and saying you’re an AI company. It’s hustlers trying to make a quick buck from easy venture capital money.
Is it really a grift when you are selling possible value to an investor who would make money from possible value?
As in, there is no lie, investors know it’s a gamble and are just looking for the gamble that everyone else bets on, not that it l would provide real value.
I would classify speculation as a form of grift. Someone gets left holding the bag.
EnderMB@lemmy.world 1 week ago
You can probably say the same about all fields, even those that have formal protections and regulations. That doesn’t mean that there aren’t people that have PhD’s in the field and are trying to improve it for the better.
Cryophilia@lemmy.world 1 week ago
Sure but typically that’s a small part of the field. With AI it’s a majority, that’s the difference.
Honytawk@lemmy.zip 1 week ago
No, it is the majority in every field.
Specialists are always in the minority, that is like part of their definition.
Cryophilia@lemmy.world 1 week ago
The majority of every field is fraudsters? Seriously?