Still betting that June is when we will start to see a significant pullback from all the #AI investments across the board.
AI is just *not that good*.
“DISILLUSIONED BUSINESSES DISCOVERING THAT AI KIND OF SUCKS”
Clarification: By “June” i mean end of Q2, start of Q3.
https://futurism.com/the-byte/businesses-discovering-ai-sucks
“OpenAI-backed Ghost Autonomy shuts down”
https://techcrunch.com/2024/04/03/openai-backed-ghost-autonomy-shuts-down/
Keep going.
“Brands Are Beginning to Turn Against AI”
https://www.rollingstone.com/culture/culture-features/ai-image-brand-backlash-1235040371/
Come on, come on…a little more…
“EXPERT WARNS THAT AI INDUSTRY DUE FOR HUGE COLLAPSE”
https://futurism.com/the-byte/expert-warns-ai-industry-collapse
Yes, keep going…
“COMPANIES FIND THAT AI PROJECTS HAVE HAD "DISMAL" FINANCIAL RESULTS”
https://futurism.com/the-byte/companies-ai-projects-financial-results
Go on…
“Big Tech says AI is booming. Wall Street is starting to see a bubble.”
https://www.washingtonpost.com/technology/2024/07/24/ai-bubble-big-tech-stocks-goldman-sachs/
Unpaywalled: https://archive.ph/I0eSE
Come on…
“Big Tech Fails to Convince Wall Street That AI Is Paying Off”
No paywall: https://archive.ph/8qXrE
Is it internet, is it internet of things, is it big data, is it cloud, and I'm not saying that none of these things had an impact, but each thing ends up being a tool with strengths and limitations and sometimes these things don't have anything to do with the problem you're trying to solve, or the thing you're trying to do is possible on the tool that is the latest thing, but isn't necessarily the right tool for the job.
AI has a lot of potential uses, but the way it is right now people were under the impression that it was a lot less limited than it actually is.
That isn't to say that it won't be revolutionary at some point, but the revolution will look a lot different than people are imagining.
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