AI the bubble?

t2van

t2van

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Was going to post in business but it would end up getting moved here I think...

Do you think AI is a bubble? I shared earlier about Open AI now hitting 700m users a week and growing and they have no plans to be profitable or can't because of investment.

Due to the massive push to integrate AI into what feels like everything because it's easy to increase valuation and get funding this to me is starting to look and feel like the .com bubble again..

No AI service or company that I have seen is profitable and has no path to becoming one, it's sole focus is high valuations.


Microsoft became a $4 trillion valuation company only second to Nvidia due to the AI gold rush and selling or bundling that into it's services. Google, Amazon, and Meta are soaring past $2 trillion, and now Apple is well past $3 trillion. Much of this expansion of value has occurred in just the last two years, on the back of the AI boom.

I just can't see what the exit is here or the race is to what General Intelligence or whatever that term is? I still can't work out how you turn a profit from there.
 
Na, I think it will stick around, but sure it is feeling kinda like the .com era but in a fun way.
 
Dopious said:
Na, I think it will stick around, but sure it is feeling kinda like the .com era but in a fun way.
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I took advantage of the .com and that's how I made my moneyz

I think this time around I'm not smart enough to take advantage of this tech gold rush so will leave it to you guys.


I don't think once it pops AI will go. As there will be winners and losers.

I can see the end goal will be some companies picking up the scraps rather than going under or say Microsoft becomes a bigger stake holder of open AI rather than it/s 49%? share now.

MS is pretty much in everything that runs today from the OS to Word. Can see a company like that and the way it's founder interferes in shit he got no business poking around in becoming a mistake decades from now.
 
AI is officially here and its high time we learn how to use it or get left behind
 
t2van said:
I think this time around I'm not smart enough to take advantage of this tech gold rush so will leave it to you guys.
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Well, find something that would fit your niche store customers and sell it to them, you got the customers already.
 
Dopious said:
Well, find something that would fit your niche store customers and sell it to them, you got the customers already.
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Yeah that's the trick isn't it? :)

Struggle with that.

Only thing I've found it's good for us (apart from content etc) is to convert "commercial" tools and calculators down to basic level for your every day user.

So some tools and calculators are locked behind pay walls or are very much a case of you need a degree or be in the industry to understand or use. We been using AI to get around all of that and make basic things our customers can use and then this link backs to email and social content.

Little simple things like:

Soil calculator so for all products we sell will tell you how much soil you need to buy to fill up the X size or Y type tray and then give you costings (for "cost of living trend")

Or working out harvest and yield returns for X crop in Y area vs supermarket purchase and so on.

Super simple shit that would take weeks and months of data and then a developer to boot is taking 5min in AI. That's all I can think how to use it to promote and move forward really.

Creating my own AI system or "thing" that's not for me not smart enough for that and would take too much time and resources away from me personally.
 
I try not to use it. I don't think it's a coincidence that AI has been commercialised primarily by the bigest tech companies who will be using that same technology with aim of mass global redundancies, especially within their own companies for the sake of cutting costs / maximising perosnal profits.. By using AI, even as a passive, unsuspecting user, you're vesting in it's progress and helping to expedite this outcome imho.

Actually AI is one of the main reasons i've decided to completely try to replace Apple / Microsoft and Google stuff with basic Linux as much as I can.
 
ggmopa said:
I try not to use it. I don't think it's a coincidence that AI has been commercialised primarily by the bigest tech companies who will be using that same technology with aim of mass global redundancies, especially within their own companies for the sake of cutting costs / maximising perosnal profits.. By using AI, even as a passive, unsuspecting user, you're vesting in it's progress and helping to expedite this outcome imho.

Actually AI is one of the main reasons i've decided to completely try to replace Apple / Microsoft and Google stuff with basic Linux as much as I can.
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Don't think you can avoid it though?

Do you use captchas to get access to a site or login? If so your training AI ...

I totally agree with all your points.


But I think much like the dawn of the internet might as well adapt to it or get left behind.
 
t2van said:
Don't think you can avoid it though?

Do you use captchas to get access to a site or login? If so your training AI ...

I totally agree with all your points.


But I think much like the dawn of the internet might as well adapt to it or get left behind.
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Don't think it can be avoided completely mate, no (i's astonishing seieng even the number of non-tech boomers that absolutely adore AI apps let alone anything else). But also no need to help it either. Isolate AI use in VMs of Containers if you must imho.

Think it will reach a point where you can'ttreally walk through town without helping some AI system - think they already have a facial recognition surveillancing camera up in London I think it was mate, assuming the roadmen there havne't already trashed it 😁 It's going to be down hill from there.

But besides the stuff nobody can do much about and coming back to ordinary usage of LLMs for example, just in additition to the aforementioned points, honestly just don't feel it's wise to use them and / or even risk beocming too dependant on them just as we did with google search for a whole number of reasons we probably don't even fully understand. It has been reported it's already encouraging schizophrenic tendencies in vulnerable kids and teens.
 
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Oh I just wanted to add something that happened the other day. I was doing a bit of due dilligence on someone I was hoping to freelance for a bit of work. Typed their name and city hoping to pinpoint their linkedin and professional background and for no reason Google AI decided to give me their name, the exact small town they lived in, what their parents names were, when their sister got married and that she was a brides maid at the wedding back in 2000 an so on... totally random crap like that. Was a WTF moment for sure. Not sure whether it was because she had a very unusual name but seems like an ID theives dream in the making.
 
dcd.jpg
 
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t2van said:
That's to tie you back for tax checks... Fuck all to do with security
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There goes the anonymous cheap company structure with no real owner, hmm.
 
t2van said:
Was going to post in business but it would end up getting moved here I think...
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I moved it to the AI section just now. It’s a serious discussion on the topic of AI, so it’s topically relevant to the AI section. Even the business section would’ve been fine, though. Mainly, it’s just good for us to keep these other sections populated as well.
 
The below article is aimed towards developers but you get the picture

timesofindia.indiatimes.com

GitHub CEO Thomas Dohmke to software engineers: Either you ..., or get out of your career - Times of India

GitHub CEO Thomas Dohmke warns software engineers to embrace AI or risk career obsolescence, emphasizing AI's central role in coding. He envisions developers evolving into AI strategists, focusing on higher-level problem-solving and AI-driven solutions. The future anticipates AI writing 90% of...
timesofindia.indiatimes.com timesofindia.indiatimes.com

Also this

https://twitter.com/x/status/1951878945034625126

https://twitter.com/x/status/1952845459896320324
 
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