864
The air begins to leak out of the overinflated AI bubble
(www.latimes.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Sep 2024
864 points (97.4% liked)
Technology
59674 readers
3217 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Most of the entire AI economy isn't even research. It's just grift. Slapping a label on ChatGPT and saying you're an AI company. It's hustlers trying to make a quick buck from easy venture capital money.
You can probably say the same about all fields, even those that have formal protections and regulations. That doesn't mean that there aren't people that have PhD's in the field and are trying to improve it for the better.
Sure but typically that's a small part of the field. With AI it's a majority, that's the difference.
No, it is the majority in every field.
Specialists are always in the minority, that is like part of their definition.
The majority of every field is fraudsters? Seriously?
Is it really a grift when you are selling possible value to an investor who would make money from possible value?
As in, there is no lie, investors know it’s a gamble and are just looking for the gamble that everyone else bets on, not that it l would provide real value.
I would classify speculation as a form of grift. Someone gets left holding the bag.