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Arms race implies that there's an endgame for the spew of new tools, rather than acknowledging it for the bubble that it is. AI is not crypto(currency) but it
by uoaei 3y ago
Arms race implies that there's an endgame for the spew of new tools, rather than acknowledging it for the bubble that it is.
AI is not crypto(currency) but it has all the same hallmarks of fad and bubble. I wouldn't be surprised if in 12-18 months the high wears off and jokers are left holding the bag on unprofitable companies that are quickly getting eclipsed by power players re-establishing market dominance.
- forgetfreeman 3y agoYou're gonna get trashed for flying in the face of the hype mill groupthink du jour but you aren't wrong. This pattern has been replicating itself in the tech industry since the run-up to the .com implosion. It's always the same. Some researchers come up with novel tech. Some fledgling attempts are made at seeing if this new tech might solve a few real-world problems, in the process generating some column inches in trade publications and academic journals. Critical mass is reached when awareness of this new tech bubbles up to the faceless horde of griftlords that perpetually turn the crank on the tech industry hype mill. Dumb is aggressively separated from money recursively until eventually the 2nd inflection point is reached, wherein the hype mill is no longer able to drown out the growing realization among late adopters that some (perhaps several) aspects of the situation are firmly rooted in bullshit. Then the bubble around that particular tech hype extravaganza implodes and the search for new grist for the hype mill begins anew.
- deleted 3y ago[deleted]