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Gen AI is a toy, a useful one I have to admit but it is not solving any real world problems. I use it sometimes, the product is just not production-quality read
by Timber-6539 3y ago
Gen AI is a toy, a useful one I have to admit but it is not solving any real world problems. I use it sometimes, the product is just not production-quality ready.
Chatbots are not what's going to make AI great. Am sure there's some commercial utility out there for AI to improve efficiency in certain specific industries, that's what am more interested in hearing about instead.
- xetplan 3y agoThe real problem is that "bubble" is a poorly defined word. We shouldn't use the same word to describe the tulip bubble and the dot com bubble. The tulip bubble to me is what we really think of as a bubble. A collective mania causing price to go up in a completely irrational way. If we can agree the valuation of a company should be all future discounted cash flows of a company then it doesn't strike me as irrational for the price of stocks during dot com or today to go through the roof. Valuation is really hard and really uncertain and then all the harder for something new and highly disruptive. The problem with using the word bubble in the tulip bubble sense with AI is there is surely no guarantee the price of NVDA is going to fall sharply from here as if it was a tulip bulb selling for the price of a house.