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Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth
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Oh no! Anyway…
Man, I cannot wait for the comedy movies that come out based on this farce, explaining exactly how these jokers lost all their money.
AI is not a bad thing, but it’s way more niche compared to what was promised. There’s certainly way less demand for it than these big investors want people to believe.
So they‘re finally reaching the „we could fail…“ stage of the hype cycle. This is great news, actually. The sooner this charade ends the lesser destructive it will be. Even when it already caused devastating damage to society.
Microslop chief Satya Nadella warns
No, the AI boom will falter one way or another. Free open source models will out perform proprietary models by the end of this year. The amount of money that customers will actually pay for AI services is much lower than expected. It really is similar to the dotcom bubble and how briefly people thought domain names were going to be insanely valuable.
It’s nice to wake up to good news.
If nobody is using your product then you made a shit product and should scrap it before you lose any more money.
Follow me for more business tips.
“Ponzi scheme could falter without wider adoption, warns early Ponzi scheme investor”
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If people aren’t adopting it, it’s not a boom.
It’s an investment boom.
“For this not to be a bubble by definition, it requires that the benefits of this are much more evenly spread,”
I would correct that to say ‘for this to not be a bubble by definition, it requires that the benefits of this a. Exist and b. Are significant enough to justify the extreme costs of building these systems’
Right now I don’t see anything coming out of this that justifies even 1/10 of the $trillions being poured into AI.
In fact I think you could make an argument that the net result is negative, even for businesses that adopt it, due to the increased prices they will pay for hardware over the next few years. If it makes your employees 5% more efficient great, if it makes your technology 50% more expensive in return, not so great.
I’m not an AI hater but make literally one functioning AI product bro before you say that
Sounds like a you problem
It becomes an everybody problem when we can’t buy memory chips
Use what you already have.
As this asshole and his asshole company tries to force adoption via shoving it down Windows 11 users without consent.
Reminder that now is a great time to switch to Linux desktop.
