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I'm confused by this sentiment I've seen repeated by some. AI/LLMs are radically expanding my abilities, and as I adapt to this new power, I'm using it more fr

I'm confused by this sentiment I've seen repeated by some. AI/LLMs are radically expanding my abilities, and as I adapt to this new power, I'm using it more frequently in everyday life. Sure, Nvidia stock may be overpriced, but AI is empowering. I can't imagine not continuing to expand its use. As its abilities expand, I'll use it even more. I will have much further use even as a few bugs are fixed and integrations become more frictionless.

tail_exchange 2y ago
Probably because not everybody is feeing this productivity boost. AI made me a bit more productive, yes, but not by that much. Seeing you call it a "new power" is not relatable, so it may reinforce ideas that it is a bubble.
- VirusNewbie 2y ago
  Right but I feel similarly about excel/sheets and powerpoint. But they make almost every office worker a bit more productive, so it’s a good market.
  - tail_exchange 2y ago
    I think these can both be true. If AI makes people be 3% more productive overall, cumulatively that's a huge improvement, but on an individual level it may feel undeserving of hype.
- m463 2y ago
  That seems like saying "web advertising never shows me what I want to buy" Maybe it is not for you. Maybe it is for people asking AI questions about you. (or chemistry or gold prospecting or legal documents or ...) the eric schmidt talk made it seem like better hardware led to better results and there was a race.
- edanm 2y ago
  > Seeing you call it a "new power" is not relatable, so it may reinforce ideas that it is a bubble. Whereas what it could be reinforcing instead is that some people are better at "using AI" than others. When I was young, I always saw how my parents never really "got" new technology that I was using all the time, like the internet. Many young people think about it and are sure it won't happen to them. I'm sure many on this technophile site think so. And then a new technology like AI comes along, some people find ways to be incredibly productive with it, but a very widespread sentiment is that they're... lying? Mistaken? Not very good at their job so it helps them more? The number of excuses people have for "keep this new technology that I don't know how to use away for me" is pretty crazy. (And I say this as someone who is probably not on the "cutting edge" of AI usage, compared to others I see.)
pastaguy1 2y ago
I suppose people might be wondering what happens when this small number of big players finish their buildouts.
- nerdponx 2y ago
  This. AI itself might be here to stay, but how much revenue growth specifically is left?
gitfan86 2y ago
People got burned by crypto, they promised that it would replace Fiat money but all that happened is that they lost all their money investing in NFTs or Web3. So now they are jaded against any new hyped technology, and have no interest in investing, and are actively hoping it fails for FOMO reasons
- delfinom 2y ago
  Eh, anything AI is clearly in a massive bubble.
  - Sammi 2y ago
    The real world actual usage of neural network software is increasing. People are finding uses for it. They are replacing or augmenting search and lookup. Translation, proof reading, and copy writing is actually useful. AI assisted coding is exploding and people are paying for it. People are using it for design and product prototyping. They are amazing at data analysis, which is very useful for enterprise and finance (lots of money here). It's used for medicine research and drug discovery. It's used for legal document analysis. So much actual real world value here. So much gdp impact possible. Most cryptocurrencies are just straight up scams. Some people are getting some usage of Bitcoin as a store of value and for cross border transactions. This is increasing slowly. Stablecoins also have some usage for store of value and cross border transaction. They are also used for trading and arbitrage, which you can argue about whether that brings value to the world. The rest of the crypto market is struggling to find an enduring use cage. I'm saying this as someone who is marveling about Ethereum and Solana, but I don't value trading immaterial NFTs. Ethereum and the like are struggling to do anything that reaches into the real world. None of the cryptocurrencies outside the top 10 have found any real world use case that people care about. So AI != crypto
- oceanplexian 2y ago
  You can’t throw a stone very far without running into an IRL businesses or ATM that takes crypto (In my small town there are many), congress is writing laws to legalize it, a presidential candidate is running on it, and the Fed is creating a “coin”. When businesses stop accepting dollars and your employer starts compensating you in crypto will it stop being a “scam” or will the goalposts move again?

tail_exchange 2y ago

Probably because not everybody is feeing this productivity boost. AI made me a bit more productive, yes, but not by that much. Seeing you call it a "new power" is not relatable, so it may reinforce ideas that it is a bubble.

VirusNewbie 2y ago
Right but I feel similarly about excel/sheets and powerpoint. But they make almost every office worker a bit more productive, so it’s a good market.
- tail_exchange 2y ago
  I think these can both be true. If AI makes people be 3% more productive overall, cumulatively that's a huge improvement, but on an individual level it may feel undeserving of hype.
m463 2y ago
That seems like saying "web advertising never shows me what I want to buy" Maybe it is not for you. Maybe it is for people asking AI questions about you. (or chemistry or gold prospecting or legal documents or ...) the eric schmidt talk made it seem like better hardware led to better results and there was a race.
edanm 2y ago
> Seeing you call it a "new power" is not relatable, so it may reinforce ideas that it is a bubble. Whereas what it could be reinforcing instead is that some people are better at "using AI" than others. When I was young, I always saw how my parents never really "got" new technology that I was using all the time, like the internet. Many young people think about it and are sure it won't happen to them. I'm sure many on this technophile site think so. And then a new technology like AI comes along, some people find ways to be incredibly productive with it, but a very widespread sentiment is that they're... lying? Mistaken? Not very good at their job so it helps them more? The number of excuses people have for "keep this new technology that I don't know how to use away for me" is pretty crazy. (And I say this as someone who is probably not on the "cutting edge" of AI usage, compared to others I see.)

pastaguy1 2y ago

I suppose people might be wondering what happens when this small number of big players finish their buildouts.

nerdponx 2y ago
This. AI itself might be here to stay, but how much revenue growth specifically is left?

gitfan86 2y ago

People got burned by crypto, they promised that it would replace Fiat money but all that happened is that they lost all their money investing in NFTs or Web3. So now they are jaded against any new hyped technology, and have no interest in investing, and are actively hoping it fails for FOMO reasons

delfinom 2y ago
Eh, anything AI is clearly in a massive bubble.
- Sammi 2y ago
  The real world actual usage of neural network software is increasing. People are finding uses for it. They are replacing or augmenting search and lookup. Translation, proof reading, and copy writing is actually useful. AI assisted coding is exploding and people are paying for it. People are using it for design and product prototyping. They are amazing at data analysis, which is very useful for enterprise and finance (lots of money here). It's used for medicine research and drug discovery. It's used for legal document analysis. So much actual real world value here. So much gdp impact possible. Most cryptocurrencies are just straight up scams. Some people are getting some usage of Bitcoin as a store of value and for cross border transactions. This is increasing slowly. Stablecoins also have some usage for store of value and cross border transaction. They are also used for trading and arbitrage, which you can argue about whether that brings value to the world. The rest of the crypto market is struggling to find an enduring use cage. I'm saying this as someone who is marveling about Ethereum and Solana, but I don't value trading immaterial NFTs. Ethereum and the like are struggling to do anything that reaches into the real world. None of the cryptocurrencies outside the top 10 have found any real world use case that people care about. So AI != crypto
oceanplexian 2y ago
You can’t throw a stone very far without running into an IRL businesses or ATM that takes crypto (In my small town there are many), congress is writing laws to legalize it, a presidential candidate is running on it, and the Fed is creating a “coin”. When businesses stop accepting dollars and your employer starts compensating you in crypto will it stop being a “scam” or will the goalposts move again?