Just two words to describe all the idiocy of the current wave of AI offerings.
> A huge amount of economic value is going to be created by AI. Company builders focused on delivering value to end users will be rewarded handsomely. We are living through what has the potential to be a generation-defining technology wave.
No. It's crap no matter how much money you throw at it. It will end in tears, because there is no standard, no operating system, no protocol, only a handful of APIs controlled by a couple of companies. They are not building networks, but hubs with a single point of failure--the API provider. The internet is such a world-changing force because it is built on top of TCP/IP, which allows the rest of the internet to survive even if a part of it goes down. When an AI API provider shuts down, all those bullshitters repackaging LLMs will be left holding the bag, or rather their investors will be. In a way, the coming AI bubble burst is going to be a self-fulfilling prophecy--AI will make its creators redundant.
> But we need to make sure not to believe in the delusion that has now spread from Silicon Valley to the rest of the country, and indeed the world. That delusion says that we’re all going to get rich quick, because AGI is coming tomorrow, and we all need to stockpile the only valuable resource, which is GPUs.
No, the delusion is that Gen AI is good for anything. It is not.
Soon, the $600B question is going to be, "where's the money gone?"
Just two words to describe all the idiocy of the current wave of AI offerings.
> A huge amount of economic value is going to be created by AI. Company builders focused on delivering value to end users will be rewarded handsomely. We are living through what has the potential to be a generation-defining technology wave.
No. It's crap no matter how much money you throw at it. It will end in tears, because there is no standard, no operating system, no protocol, only a handful of APIs controlled by a couple of companies. They are not building networks, but hubs with a single point of failure--the API provider. The internet is such a world-changing force because it is built on top of TCP/IP, which allows the rest of the internet to survive even if a part of it goes down. When an AI API provider shuts down, all those bullshitters repackaging LLMs will be left holding the bag, or rather their investors will be. In a way, the coming AI bubble burst is going to be a self-fulfilling prophecy--AI will make its creators redundant.
> But we need to make sure not to believe in the delusion that has now spread from Silicon Valley to the rest of the country, and indeed the world. That delusion says that we’re all going to get rich quick, because AGI is coming tomorrow, and we all need to stockpile the only valuable resource, which is GPUs.
No, the delusion is that Gen AI is good for anything. It is not.
Soon, the $600B question is going to be, "where's the money gone?"