Comment on At Davos, NVIDIA, Microsoft CEOs deny AI bubble
buddascrayon@lemmy.world 4 days ago
I haven’t read the article. I’m not going to read the article because I, quite frankly, don’t care about these people and I hope they all fucking crash and burn. But I’m going to take a guess and say that their attitude is something on the order of “We’re making tons of money how can they possibly be the bubble?”
LifeInMultipleChoice@lemmy.world 4 days ago
In my opinion thus far, AI is good for the consumer, not the enterprise. It has no new information, which is what makes companies grow. I know people don’t think the want it, but in the end, it will be that Microsoft, Apple, and Max n don’t have a reason for it right now. While Google does. (Bing is Microsoft so yes). People are idiots and can learn from others. New ideas can’t come from language models, thus useless to companies looking to engineer new ideas. But if you want to re-iterate BS people could not find, it helps. It will bleed anyone providing the information dry, so that will dry off, but it puts every dollar into the search engines povket for advertising, and steals from anyone chasing “the American Dream”.
setsubyou@lemmy.world 4 days ago
The bubble thing is more the financial aspect. None of these AI companies are profitable and they also don’t have a clear path to profit. For some time the business plan of Open AI was literally develop advanced AI and then let the AI figure out how to make money. Yet, these companies attract huge amounts of investment and are responsible for basically all of the economic growth in the US.
Nobody thinks there are no uses at all for LLMs or image generation etc. or that people in general hate all AI. It’s a bubble because a lot of money is being invested in something that nobody managed to make profitable yet, so if the investment stops, then these companies will all implode.
buddascrayon@lemmy.world 4 days ago
There is also the fact that AI is being shoved into a lot of places where it really is quite useless. Search engines are the most glaring example of this. LLMs aren’t suited for integration into a search engine, and yet every search engine in existence has had one mashed into it and advertised as the greatest thing since sliced bread. And they all universally suck at it.
fodor@lemmy.zip 4 days ago
What benefit? Seriously, what benefits are you actually talking about?
Maybe they exist in niche areas, like improved translation software or some such thing, but maybe that’s just normal “use computers better” technological advancement and not actually anything magical.