Really reinforces my belief that the stockmarket is driven by idiots.
Reminds me of this old Kal cartoon:
‘A feedback loop with no brake’: how an AI doomsday report shook US markets
Submitted 5 hours ago by inclementimmigrant@lemmy.world to technology@lemmy.world
Comments
inclementimmigrant@lemmy.world 4 hours ago
Gsus4@mander.xyz 4 hours ago
Lol, they know it’s all castles on clouds and any spark e.g. a substack post could trigger the loaded spring.
WanderingThoughts@europe.pub 1 hour ago
They kind of know. The dot com crashed many companies, and also gave rise to Amazon. They’re all just hoping they’ll be the one that invested in the next Amazon.
somethingsnappy@lemmy.world 32 minutes ago
Have they made a profit yet?
TropicalDingdong@lemmy.world 3 hours ago
I just…
Am I wrong here? Like, look, shame me. I work in machine learning and have since 2012. I don’t do any of the llm shit. I do things like predicting wildfire risk from satellite imagery or biomass in the amazon, soil carbon, shit like that.
I’ve tried all the code assistants. They’re fucking crap. There’s no building an economy around these things. You’ll just get dogshit. There’s no building institutions around these things.
v_krishna@lemmy.ml 36 minutes ago
You’ve worked in ML since 2012 but dont think transformers have had an absolutely insane impact, for example in NLP and machine translation? (I have worked in those fields longer than that and while I dont think AGI or anything like that is coming from transformers and deep neural nets I think you are full of it if you dont admit they have revolutionized a large number of [highly technical] fields).
WanderingThoughts@europe.pub 1 hour ago
Heh, that’s the joke going around now.
AI works, it replaces workers, we lose our jobs.
AI doesn’t work, bubble pops, we lose our jobs.
Zwuzelmaus@feddit.org 1 hour ago
You are right in every serious part of the world.
But add “venture capital” to the equation and it works out stronger than anything else so far.
partofthevoice@lemmy.zip 2 hours ago
I think it’s supposed to work like, “well, even if you are right about the massive utility of AI, is that still what we should be aiming for?”
It gets around the combative “you’re wrong, AI is garbage” argument. The people hoisting AI because they believe, even if it does suck, it’ll get better… those people can probably understand this argument much more easily.