I swear this was written with "AI" because I read the fucking thing twice and the "one very important lesson" promised in the headline was nowhere to be found.
I swear this was written with "AI" because I read the fucking thing twice and the "one very important lesson" promised in the headline was nowhere to be found.
The one very important lesson is that investors apparently never learn the one very important lesson when it comes to tech hype: never listen to the tech hype.
My boss sent an email yesterday which promised three big changes. There were four top levels of bullets point changes, two of which when summarised in their sub levels described a process we already do and made no changes. One was an actual big change... the other: put this in this folder now
I read the words "respectable AI companies" and realized I hadn't seen a good oxymoron in a long while.
The lesson I learned there's plenty of gullible suckers who'll buy into anything if you tell a flowery enough story around it. Excuse me, I have some beans to sell and a stone that enchances soup flavors to market...
Also this article is so bad because 1) it's like two years late to the party on realizing "AI" is a bubble and 2) it's still floundering around to find ways to keep investing in "AI" EVEN WHILE ACKNOWLEDGING IT'S A BUBBLE
AND ANOTHER THING Every single fucking article about AI uses pictures of goddamn robots. You know what "AI" looks like? This. This is your "AI." Rows and rows of this.
This is because the words got weights in prompts and are linked an idea. Ai is surely referred to robots to sci-fi imagery in the databases, that's how it's represented in books, especially before 2020.
Best I can tell the lesson is "yes it's a bubble but the trick is to know when to hold them and know when to fold them." Which is just admitting the whole thing isn't about the next generation of technology but naked gambling.
It is also very fitting, because it’s and industry filled with big flops, the future being sold up the river and people promising a turn that never comes.
It's just a little financial collapse!It's still good! It's still good!
We haven't learned our lesson yet, the golem of Prague was written in the early 1600. So maybe we need more time to marinade with this pineapple and sit in the fridge and think.
Is it the lesson we should have learned from tulips back in the day?
This article is everything McLuhan warned us about in The Gutenberg Galaxy.
The lesson should be to not to blindly trust billionaires because extreme wealth doesn’t make them wizards who can do the impossible nor does it put them above becoming scam artists. But we all know they’ll receive no punishment and move on to the next tech bubble scam.