There isn’t an AI bubble—there are three

Comments

• Dogiedog64@lemmy.world ⁨2⁩ ⁨months⁩ ago

  So this article does raise some good points - mainly that there are in fact 3 distinct bubbles here with LLMs. However, it handwaves 2 of them as being “irrelevant” for any company that just “”“acts smart”“” and “”“navigates things properly”“”. While it correctly points out that absolutely ABSURD amounts of money are being spent ($7 TRILLION race is the term they use), it compares the AI hypetrain and infrastructure buildouts to the Dot Com Bubble, Amazon, and PayPal, without making the critical connection of “Amazon and PayPal were focused on solving a single problem and spent magnitudes less money to solve it; what the fuck have these LLMs actually DONE??? Where has the fucking money gone???”

  Overall, I rate this article a 3/10. It’s pure AI-copium disguised as economic analysis. I recommend many of the pieces by Ed Zitron instead.

  The Era Of The Business Idiot

  The Hater’s Guide To The AI Bubble

  AI Is A Money Trap

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• supersquirrel@sopuli.xyz ⁨2⁩ ⁨months⁩ ago

  Three bubbles? I propose we call it Tribubble , more specifically a Tribubble Bongo.

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  • goldteeth@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

    Which, much like the AI Bubble, is piloted by a digitally-synthesized clown and is always at least five minutes away from being swallowed whole by a series of increasingly-bigger fish. And it only works if you dump an entire planet’s worth of water on it. And it’s our heroes’ only hope in the fight against the corporate warlords and their army of clanker- Okay so it’s not a perfect metaphor.

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• SoupBrick@pawb.social ⁨2⁩ ⁨months⁩ ago

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• neukenindekeuken@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

  This all assumes AI has some generally valuable use case on the scale of the literal Internet being invented.

  AI is nowhere near that useful

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• Krudler@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Can’t read 😞

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  • SnotFlickerman@lemmy.blahaj.zone ⁨2⁩ ⁨months⁩ ago

    How powerful to admit your illiteracy so openly. /s

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    • Krudler@lemmy.world ⁨2⁩ ⁨months⁩ ago

      How about post a readable link

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