Comment on AI Is Starting to Look Like the Dot Com Bubble
CobblerScholar@lemmy.world 1 year ago
Same thing happened with crypto and block chain. The whole “move fast and break things” in reality means, "we made up words for something that isn’t special to create value out of nothing and cash out before it returns to nothing
Except I’m able to replace 2 content creator roles I’d otherwise need to fill with AI right now.
There’s this weird Luddite trend going on with people right now, but it’s so heavily divorced from reality that it’s totally non-impactful.
AI is not a flash in the pan. It’s emerging tech.
@SCB The Luddites were not upset about progress, they were upset that the people they had worked their whole lives for were kicking them to the street without a thought. So they destroyed the machines in protest.
It's not weird, it's not just a trend, and it's actually more in touch with the reality of employer-employee relations than the idea that these LLMs are ready for primetime.
Luddites were wrong and progress happened despite them.
I’m not really concerned about jobs disappearing. Get a different job. I’m on my 4th radically different job of my career so far. The world changes and demanding it should not because you don’t want to change makes you the ideological equal of a conservative arguing about traditional family values.
Not everyone can flex into new roles. Have some compassion for those who get left behind. The lack of compassion in your response actually causes you to look conservative.
@SCB The Luddites gave way to Unions, which yes were more effective and gave us a LOT of good things like the 8 hour work week, weekends, and vacations. Technology alone did not give us that. Technology applied as bosses and barons wanted did not give us that. Collective action did that. And collective action has evolved along a timeline that INCLUDES sabotaging technology.
Things like the SAGAFTRA/WGA strike are what's going to get us good results from the adoption of AI. Until then, the AI is just a tool in the hands of the rich to control labor.
I think the problem is education. People don’t understand modern technology and schools teach them skills that make them easily replaceable by programs. If they don’t learn new skills or learn to use AI to their advantage, they will be replaced. And why shouldn’t they be?
Even if there is some kind of AI bubble, this technology has already changed the world and it will not disappear.
@Freesoftwareenjoyer Out of curiosity, how is the world appreciably different now that AI exists?
Anyone can use AI to write a simple program, make art or maybe edit photos. Those things used to be something that only certain groups of people could do and required some training. They were also unique to humans. Now computers can do those things too. In a very limited way, but still.
Going back all the way to the tulip mania of the 17th century.
Except that cryptocurrency has real uses, which are valuable to a lot of people.
Crypto is still incredibly healthy. Bitcoin has been stable at $30k.
Is it still a big scam? Maybe. But what happened with FTX was just good ol corruption.
Anyone with exposure to Crypto either already collapsed, or wound down their position, so there wasn’t a huge effect on markets. AI will be similar. Some VC will fail, but it’s not the same as the dotcom bubble. It won’t cause a recession
OpenAI may fail if Microsoft doesn’t keep throwing money at it, but they already got what they want out of it. They’ll probably just end up acquiring the foundation and make money from the ways they’re implementing it in their products.
It’s still useful but the issue always was it’s expensive for what it does so that’s why it was used underground since that has value of it’s own. There is arguments that it’s actually more efficient than current systems so there is an obvious takeaway of being, why don’t we have money that doesn’t cost a lot of maintain. The answer is the scary part.
smooth_tea@lemmy.world 1 year ago
You can bitch about it all you want but the reality is that it actually works for a select group, the Amazons, Binances, etc. And that was always how it was going to be. The failures you point to are not a sign that these things don’t work, they were always going to be there, they are like the people during the gold rush who found diddly squat, that doesn’t mean there wasn’t any gold.
Anyone who suggests that AI “will return to nothing” is a fool, and I don’t think you really believe it either.
Shadywack@lemmy.world 1 year ago
Crypto was and still is a scam, and everyone that’s said so has just been validated for it. People saying that AI is overstated right now are being called fools, and the people who are AI-washing everything and blathering about how it’s going to be the future are awfully defensive about it, so much so to resort to namecalling as opposed to substantiating it. As a consumer I hate ads anyway, so I’m indifferent to AI generated artwork for advertising, it’s all shit to me anyway.
If my TV shows and movies are made formulaic by AI even moreso than they already are, I’ll just patron the ones that are more entertaining and less formulaic. I fail to see how AI revolutionizes the world though by automating things we could already live without though. The only argument for the AI-washing we have is to push toward AGI, that we’re clearly a very long ways off from still.
This just all stinks of the VR craze that hit in 2016 with all the lofty promises of simulating any possible experience, and in the end we got some minor reduction on the screen-door-effect while strapping Facebook to our faces and soon some Apple apps. But hey we spent hundreds of billions on some pipe dreams and made some people rich enough to not give a shit about VR anymore.