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> What do people think is a realistic outcome here? Same as with Crypto, the bubble pops, and while the tech doesn't magically vanish it stops the seemingly ge

> What do people think is a realistic outcome here? Same as with Crypto, the bubble pops, and while the tech doesn't magically vanish it stops the seemingly geometric growth driven by speculative investment. The assumption built into all of these debates is so... uncritical, and can be summed up as, "The issues we see with 'AI', scaling, energy/water demand, hallucinations, running out of data and having to cannibalize itself, etc... can be solved within the existing frameworks." There is no indication of that being true, and frankly a lot of indications that it isn't. Buuuuut a chunk of the US economy in the form of NVIDIA is tied up in pretending that it's true, a lot of companies are going whole hog into this, and of course a ton of people here are drawing their salaries based on that assumption. For those of us who aren't in that position however, much like Crypto was a real tech with hugely overblown marketing, 'AI' is the same. Winter is coming.

tim333 1y ago
Except crypto has always been kinda meh apart from speculation/gambling. AI on the other hand will have a lot of real economic impact which I think will keep the ball rolling a bit more.
- spacemadness 1y ago
  Has there been ANY provable positive economic impact not related to startups and companies accumulating cash from VCs? I see AI (not LLMs) helping a lot in the sciences which I’m excited about, but that’s not even what the focus is for Wall Street.
  - deleted 1y ago
    [deleted]
  - tim333 1y ago
    I've used it for legal assistance which was probably worth something. There was a lady in HN discussion where her life was saved by ChatGPT - it diagnosed some bad blood condition while the real doctor was too backlogged to deal with it. Not sure if that's a provable economic benefit. Also programing tools - they haven't replaced programmers but have increased productivity. There will probably be more along those lines.

tim333 1y ago

Except crypto has always been kinda meh apart from speculation/gambling. AI on the other hand will have a lot of real economic impact which I think will keep the ball rolling a bit more.

spacemadness 1y ago
Has there been ANY provable positive economic impact not related to startups and companies accumulating cash from VCs? I see AI (not LLMs) helping a lot in the sciences which I’m excited about, but that’s not even what the focus is for Wall Street.
- deleted 1y ago
  [deleted]
- tim333 1y ago
  I've used it for legal assistance which was probably worth something. There was a lady in HN discussion where her life was saved by ChatGPT - it diagnosed some bad blood condition while the real doctor was too backlogged to deal with it. Not sure if that's a provable economic benefit. Also programing tools - they haven't replaced programmers but have increased productivity. There will probably be more along those lines.