Comment on A tangled web of deals stokes AI bubble fears in Silicon Valley
vermaterc@lemmy.ml 1 week agoI believe the same thing was said about the Internet in the 90s. “It speeds up communication, but how would anyone earn money from it?”.
Although I don’t think we are anywhere close to AGI or anything like that, current AI development fundamentally change a few things in our lives: how we find and process information (information retireval works VERY good), how we interact with computers (natural language instead of clicking through interfaces) and how productive we are.
Video generation models are going to bring entertainment to a whole new level. A single person can now create an entire movie without even buying a camera. Entire game development studio can build worlds larger than ever before. Text generation makes disinformation and propaganda insanely cheap and effective. Invigilation will be so much easier now, as owning a communication platform does not only allow you to search for messages by phrase, but now it’s possible to search by actual meaning. Ads will be so much more personalized now, as AI chat platforms suddenly know us much better than Google - the current leader in this field.
So:
there isn’t anything real there
I really don’t think so
shalafi@lemmy.world 1 week ago
Installing internet and talking to my customer who was a day trader. Told him Google was about to launch their IPO and that I’d go all in if I had any money.
“Their search is the best, but I just don’t see how they’ll ever make any money.”
These AI investors are banking on not being that guy.
And here I am in 2025, saying, “Just don’t see how they’ll make any money.”
The costs are staggering. When the dust settles, who the hell is going to pay those staggering costs to the bubble survivors? At the consumer level, can’t see it. OTOH, people pay for stupid shit like weather apps. 🤷🏻♂️
I foresee AI looking toxic to business pretty quickly. It will be a subscription that’s limited to employees and departments that can demonstrate a need. I don’t fault CEOs for their FOMO, but they’ll quickly wise up.