like google search
or when looking at googlegraveyard
like google
It’s mainly because when everyone saw the “oh shiny” tech at first, they rushed it out as soon as possible with intent to replace people so that they can get away with doing less through AI.
Your average tech hype cycle. New tech comes out, lots of marketing, people try to shove everywhere, then things settle down and the tech either fills a certain chunk of the market or some noche or it dies.
Not with all new tech, just something that shakes normies’ imagination.
NFT, Blockchain, dot Com boom, there’s always another one
Even within a company. Saw coworkers that were trying to establish themselves as the AI pioneers and were backstabbing others get promotions based on how they could best use the ChatGPT AI.
Backstabbing your fellow coworkers over a chatbot has got to be one of the most pathetic things I’ve read recently
Pareto principal for psyops, by a think tank organization too. Why is this nonsense tractable here?
What “wasting”? It’s the only case of trickle-down that almost works.
Capitalism wastes money chasing new shiny tech thing
Yeah, we know. AI’s not special.
It might be in the volume and price of projects
And I was always taught that capitalism allocates the resources ideally. /s
The market is rational, that’s why casinos have so many customers!
*Probably typed on a smartphone, one of the most technology-dense products ever created by humanity, currently used by over half of humanity.
This approach has never worked but I admire your devotion to it.
Wasting?
A bunch of rich guy’s money going to other people, enriching some of the recipients, in hopes of making the rich guy even richer? And the point of AI is to eliminate jobs that cost rich people money?
I’m all for more foolish AI failed investments.
It’s a circle jerk, don’t get fooled into thinking this is some new version of trickle down economics
It’s not trickle down at all. Definitely not what I was trying to say. Just rich people trading money among themselves in hopes of getting richer.
It makes rich guys even richer. At the expense of other rich guys and just fools attracted.
Imo it’s wasted in the sense that the money could have gone towards much better uses.
Which is not unique to AI, it’s just about the level of money involved.
What’s better than paying someone’s salary?
Is that better or worse than IT and software projects in general? It sounds like it might be better.
From the article - “which is twice the failure rate for non-AI technology-related startups.”
I guess I should a) read the article and b) have a slightly better outlook of the field I’m in.
This is very broad. Compare AI to software projects and it’s like a 5% difference. Picking every non AI and put it into the same pool is very misleading.
It’s much worse. Generally speaking projects in large corporations at least try to make sense and to have a decent chance to return something of value. But with AI projects is like they all went insane, they disregard basic things, common sense, fundamental logic etc.
Most people don’t want to pay for AI. So they are building stuff that costs a lot for a market that is not willing to pay for it. It is mostly a gimmick for most people.
True for the consumer side, but I’d be willing to bet that a decent chunk of that money that giant corporations burned funded some serious research on AI that can go on to actually useful science things
Why don’t companies get this? If you make something free in the beginning, people will become conditioned that it’s not worth paying for.
And like, it’s not even a good gimmick. It’s a serious labour issue because the primary intent behind a lot of AI has always been to just phase out workers.
I’m all for ending work through technological advancement and universal income, but this definitely wasn’t going to get us that, so…
Well, why would I support something that mostly just threatens people’s livelihoods and gives even more power to the 0.1%?
And then on top of that, if they phase workers out without some kind of universal income, how the hell do the corporate overlords expect us to have money to fuel their greed?
Government subsidies!
Isn’t it good that the money is being put back into circulation instead of being hoarded? I’m all in for the wealthy wasting their money.
The larger issue that people always fail to remember is the energy consumption. We are see massive amounts of electricity.
One peer-reviewed study suggested A.I. could make up 0.5 percent of worldwide electricity use by 2027, or roughly what Argentina uses in a year. Analysts at Wells Fargo suggested that U.S. electricity demand could jump 20 percent by 2030, driven in part to A.I.
The wealthy are under sailing like always. Just like we did with cigarettes or burning fossil fuels. We should have learned but it by the time we do, it might be to late.
The problem is the bulk of it is going to Nvidia.
Well probably not just Nvidia but the next likely beneficiaries are in the same range (Microsoft etc.)
The money goes to Microsoft/Google/Amazon/etc, which they goes to Nvidia.
They buy the hardware once then sell services based on it.
Don’t forget all the fuel burned for electricity to power it!
Kinda, but it’s like feeding a starving child nothing but candy until they die.
¯\_(ツ)_/¯
I’m willing to bet the vast majority of that money is changing hands among tech companies like Intel, AMD, nVidia, AWS, etc. Only a small percentage would go to salaries, etc. and I doubt those rates have changed much…
They typically use internal personnel and being parcimonious about it so you’re right about that.
Yeah, the brightest minds instead of building useful tech to fight climate change, spend their life building vanity AI projects. Computational resources instead of folding proteins or whatever are wasted on some gradient descent of some useless model.
All while working class wages are stagnant. And so your best career advice is to go get a random tech degree so you could also work on vanity stuff and make money.
This is cryptocurrency equivalent. It’s worse than CEOs buying yachts. The latter actually leads to some innovation.
Succesfully creating an actual AGI would be by far the biggest and most significant invention in the human history so I can’t blame them for trying.
A bunch of people fine-tuning an off-the-shelf model on a proprietary task only to fail horrendously will never lead to any progress, let alone AGI.
So, nobody is trying AGI.
If all those people would actually collectively work on a large-scale research project, we’d see humanity advance. But that’s exactly my point.
“Nobody is trying AGI” is simply just not true. If you think what they’re doing will never lead to AGI, then that’s an opinion you’re free to have, but it’s still just that; an opinion. Our current LLM’s are by far the closest resemblance of AGI that we’ve ever seen. That route may very well be a dead end but it may also not be. You can’t know that.
Oh gosh, look, an AI believer.
No, LLM will not lead to AGI. But even if they did, applying existing tech to a new problem only to fail cuz you’re dumb at estimating the complexity does not, in fact, improve the underlying technology.
To paraphrase in a historical context: no matter how many people run around with shovels digging the ground for something, it will never lead to an invention of the excavator.
Ad hominem and circular reasoning isn’t a valid counter-argument. You’re not even attempting to convince me otherwise, you’re just being a jerk.
Thats a “Parable of the Broken Window”. They could be spending their money on something actually useful.
But they probably wouldn’t, they’d just throw it at gold, crypto, or something else that doesn’t provide any real value.
The interviews revealed that data scientists sometimes get distracted by the latest developments in AI and implement them in their projects without looking at the value that it will deliver.
At least part of this is due to resume-oriented development.
I read bits of a programming book once, can’t remember which one.
Halfway through it was revealed that all the code snippets they had were from a project that was abandoned before it was finished, once the people paying for it realised they no longer wanted it and stopped funding them.
I wasn’t sure what message to take from the book after that. Like, sure, my code is a load of shit, hodge-podged together at the request of people who don’t really know what they want, but at least I’ve got people out there using it…
Here’s a fitting AI generated Porky
Sounds like I need to train an AI model to predict this and charge people for it.
The circle of AI
Ok so what do I short and when?
NVDA and good luck
As I said in a project call where someone was pumping up AI, this is just the latest bubble ready to pop. Everyone is dumping $$ into AI, a couple decent ones will survive but the bulk is either barely functional or just vaporware.
My new job even said they are using AI. It usurb every goddamm company shoving AI features on us.
My new job said this aswell. When I got into the position I found out it was actually a machine learning model and they were trying to use it but didn’t have the time to create a clean dataset for the learning so it has never worked. This hasn’t stopped them from advertising that they are using AI.
Every company is using the same thing and calling it AI.
Isn’t that how innovation has always worked?
I feel like all this AI hate is comparable to any other innovation cycle.
Millions of light fabric and dowels wasted on crack pot “air heads” trying to design first ever flying vehicle
It’s massively easier to build a plane than a brain.
Tell that to a bronze age engineer, and they will probably respond that those two are closer to each other than they are to his best efforts. And he would probably be right.
I think there’s more AI hate because it’s being pushed onto users that didn’t ask for it and don’t want it from the likes of Microsoft, Google and Amazon. And I think it’s warranted!
But how does that impact you?
Like when is AI being shoved into your day
Google added it to their search by default, I had to change my default search to exclude it. Same with my Android phone, I got prompted to switch from Google Assistant to Bard and declined. Really glad I did since I later read about how awful it is. Yesterday I saw a copilot icon in Teams that I have to use for work. I clicked it out of curiosity and it showed an error and then wouldn’t let me use Teams for 5 minutes. When I finally got in the copilot button was gone lol.
It sure feels like we’re at the peak of the Gartner hype cycle. If so, the bubble will pop, and we’ll end up with AI used where it actually works, not shoved into everything. In the long run, that pop could be a small blip in overall development, like the dot-com bust was to the growth of the internet, but it’s difficult to predict that while still in the middle of the hype cycle.
What I don’t get is the snobby attitude towards it though. I’ve commented else where that it has all the hallmarks of being a manufactured outrage. It has all the same earmarks of any other media driven hate fest.
Think of the logic where you are both angry that it’s useless, hateful of tech bros and still mad that they’re wasting money on it.
To me it’s just fun new thing I can play with and potentially might be something bigger might not be. But when I talk to people online it’s like I’m talking immigration or gender with Republicans. It’s all the and talking points, vitriolic statements and hate
Allow me to offer reasons why: just like the blockchain before, the usage of resources is absurd (which is infuriating) for something that barely works (which is laughable), and the tech is being pushed by the same loathable and arrogant grifters that lead us into a wall at full throttle with crypto.
I’m not just snobbing the naive optimists: I’m actually mad at them for what they’re doing to the environment.
What crypto wall? Isn’t it back up?
I’d rather have all the AI and crypto than any streaming service or social media that everyone who complains about resources seems to use freely.
To me the crypto and AI is innovation which is where I want resources to go. The other crap is recreating things we already have just with extra waste and that goes ignored and makes me feel the outrage is fake or manufactured if the logic steps over a bunch of other things to focus on the new kid on the block.
I do despise billionaires with their private jets, or owners of gigantic pickup trucks that use them to shop for groceries, and I’m not unique in that regard. I can be mad at multiple things at the same time. It’s not mutually exclusive. And it’s definitely not manufactured.
I’m not saying that you’re not. I am saying collectively these points about wasting resources is a bit much considering all the other wastes in relation to the anger those other things generate. It’s not proportional. That isn’t me saying people love it. But I am saying they do use a lot of other things that generate tremendous wastes in similar ways without care.
Im pretty confident it is manufactured. Manufactured in the same way the right despise LGQTB and immigrants. If you were too ask them if their hate was driven by other sources they say the same thing. Nobody is immune to it especially if we agree with thing. We all just go with it.
Doesn’t change that we know fox news plays a big part of some people’s opinions and views. Doesn’t mean those people are not racist or bigots to begin with. But there’s a stoking of the flames. Same here.
From the ashes of the fallen will rise a victor. Let the fools burn their money on dead projects.
