Yes. They don’t have to be public companies for investors to lose their shirts, and employees to lose their jobs.
Comment on When people say the AI bubble will burst, what exactly does that mean?
IMNOTCRAZYINSTITUTION@lemmy.world 3 days ago
there’s a lot of AI based startups promising their investors all sorts of outlandish results. eventually it’s going to become clear that those results are not coming the investors will come calling.
KittenBiscuits@lemm.ee 3 days ago
xmunk@sh.itjust.works 3 days ago
It’s extra frustrating for those of us working in companies where ML is actually a useful tool that we’ve been leveraging for years.
iii@mander.xyz 2 days ago
I remember when I was arguing “It’s not ‘learning’, it’s algebra”.
Now the hype has gone from learning to intelligence.
It’s still algebra.
xmunk@sh.itjust.works 2 days ago
Well yeah - but technically everything is just algebra.
If it happens on a computer, it can be expressed in s expressions.
iii@mander.xyz 2 days ago
Sure, but I do think there’s a difference between your message arriving here, and MNIST recognition algorithms.