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Plenty of railroads went bust -- it was a time of extreme speculation. All that matters is that people think the industry will turn out to be profitable and su
by crazygringo 2y ago
Plenty of railroads went bust -- it was a time of extreme speculation.
All that matters is that people think the industry will turn out to be profitable and sustainable overall, once we figure out which products and features work and which don't. There's no reason whatsoever to think AI doesn't fall in that category.
- iknownthing 2y agoI'm not a railroad expert but I think AI involves much more speculation. They knew what a locomotive could do and what problem it solved. We can't really say that with AI.
- rsynnott 2y agoA locomotive was an _input_. Like a GPU, arguably. They _didn't_ really know what a railway could do, at the time; a lot of speculative railway projects were terribly ill-conceived and could never have made economic sense (or in extreme cases, worked at all, at least with the tech available; the first attempt at a Channel Tunnel was in the late 19th century, for instance).