This is from February
Today’s “AI” remind me of the versificator, both in terms of slop and in terms of lack of thought and creativity.
Whoa, that’s incredibly prescient.
Hey don’t beat yourselves up guys, you still polluted the environment and wasted magnitudes of energy to come to this conclusion!
it’s producing no value either
yeah… no shit…
But it destroys jobs!
I don’t think people are going to stop with AI stuff. We saw that new AI video tech release just recently, and they’re already showing it can replace commercials in terms of cost/time investment.
Commercials will 100% be AI going forward. Assuming these costs stay the same, there’s no timeline where they stop doing it unless the law deems it illegal to do so. Or unless the public hates it.
I think it’ll continue forward regardless if we like it or not. We’ll have to adapt in our own ways to this tech. I don’t like it, but unless there’s a major shake-up, I think we’re stuck
If it were generating that much new value, where is the associated bump in wages ( hint: working class issues circa 1970)? Dunno why people are pushing this so hard to generate someone else more value while making everyone else miserable in the process.
Ask AI to generate money 🤣
This all just feels like sunk cost fallacy at this point. Capitalism can’t do anything besides grow, even when the growth involved and the tech they’re trying to sell isn’t even remotely as good as the hype states.
Self-hosted LLMs? Awesome.
AI in the hands of corporate ghouls? Not awesome.
It’s the same narrative every time. Capitalists bastardizing tech and exploiting workers for profit alone.
This has been Silicon Valley’s MO for generations.
Yep! This is the first time the investment has been so catastrophic though. The amount of money they’re throwing at this absolutely dwarfs every past innovation spike.
What about all the vr garbage? The drooling baby zuckerberg has thrown away over $50 billion right? And that’s just ONE company! And nobody wants that shit LOL
The VR hype was such a poor investment. It’s a tech that has never taken off in any way that’s large enough for the profits they demand I think the only place it’s gotten marginal interest in, is the gaming PC crowd, and even then, it’s still very niche. It feels like the further things progress, the more detached from reality the “innovations” become.
Not really. I’d argue the dot com bust was worse due to the quantity of websites that died because they didn’t actually have a business model.
What we’re seeing is a tech industry where all the tech is on the right side of the S curve and trying one last stab at a technology that may be on the left side.
You’re right, the dot com bust was far worse. That feels like forever ago these days.
Old news.
Same CEO now claims to use Copilot to summarize podcasts, emails, and Teams messages. Speedrunning dead Internet theory for all forms of communication…
This is honestly a trash article. It can be summarized as:
“Microsoft, a trillion dollar corporation that makes around $150 billion in pure profit, every single year, is tempering expectations around AI, BUT then why are they still investing $12B dollars in it, that makes no sense!”.
Like, they’re tempering expectations around AGI revolutionizing the economy, not saying AI is trash and theres no value whatsoever in it.
It’s also from Feb.
I’ve been noticing a few articles lately that were several months old, yet commenters don’t seem to notice or care. I do often wonder what percentage of Lemmy is dead internet bots circle jerking about how bad AI is.
Eh, some people miss the initial news cycle on things. I can’t speak to why old articles are being shared, but as for the people engaging with them, I think thats totally normal.
as others have pointed out, this article is from February, which is like a year ago in techbro-time. If Nadella truly meant what he said, Microsoft would have scaled back AI spending by now.
It’s only a matter of time until this whole facade comes crashing down. I can’t wait to see OpenAI go out of business.
Fellow AI-haters should check out the newsletter and podcast of Ed Zitron.
The podcast is called “Better Offline” for anyone else searching.
I really like the 3 episodes I’ve listened to so far. Thanks for the rec!
Not sure if I’m learning much from it, but it’s nice to hear someone explaining what’s wrong with AI hype and stock-market-driven capitalism clearly.
Glad you’re enjoying it. He sometimes has interesting interviews, too. Especially with authors and journalists.
Fellow AI-haters should check out the newsletter and podcast of Ed Zitron.
If you’re not a hater and want a balanced and rationale take, don’t.
Just leave it. Don’t expect people to have a balanced mindset and you will lead a calmer life.
Challenging unbalanced mindsets may be important or even necessary, though.
There’s no rationa reason for spending billions of dollars on a technology that loses money and has no chance of delivering promises from a lying CEO.
Are you talking about a specific company or AI in general? Because first it sounded like the latter, but now it sounds like the former.
Both. The AI hype machine is overblown. OpenAI in particular is led by a lying bastard who pretends that statistical software can think.
I don’t see where he admits what the headline claims.
He doesn’t. He says he cares more about generating growth (and thus presumably revenue) than about AGI.
Also, this thing is from February.
Social media sucks. Reporting on reporting sucks. News aggregators suck.
AI may suck, but it’s definitely not alone in being shitty. We’re all clearly very good at tool-less, artisanal misinformation.
On the plus side, at least on the instance I’m on I was automatically given a link to when this same story was posted here three months ago. Saves some effort.
I guess it depends on how much you do your homework. I just spent a while listening to Satya Nadella regurgitate self-congratulatory CEO-speak just to verify that yes, indeed, this link is gargbage. I feel entitled to at least a bit of resentment for that.
Ironically, the time I spent doing this was much shorter because the podcast that originates the blatant misquote has an AI-generated searchable transcript.
Even more ironically, you could probably shorten that time even more by having an AI analyze the transcript for you.
I’ve found Firefox’s Orbit extension to be quite handy whenever someone directs me to a 30-minute Youtube video as “proving” whatever point they’re trying to argue. I can pop it open and ask it to tell me what the video says about that point in just a few seconds. I wouldn’t use the AI summary as backing if I was doing surgery on someone, but for a random Internet argument it’s fine.
