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submitted 2 months ago by grid11@lemy.nl to c/technology@lemmy.world
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[-] Cryophilia@lemmy.world 25 points 2 months ago

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.

[-] EnderMB@lemmy.world 3 points 2 months ago

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.

[-] Cryophilia@lemmy.world 0 points 2 months ago

Sure but typically that's a small part of the field. With AI it's a majority, that's the difference.

[-] Honytawk@lemmy.zip 1 points 2 months ago

No, it is the majority in every field.

Specialists are always in the minority, that is like part of their definition.

[-] Cryophilia@lemmy.world 1 points 2 months ago

The majority of every field is fraudsters? Seriously?

[-] Grandwolf319@sh.itjust.works 1 points 2 months ago

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.

[-] Cryophilia@lemmy.world 2 points 2 months ago

I would classify speculation as a form of grift. Someone gets left holding the bag.

this post was submitted on 06 Sep 2024
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