What I don’t like are the implications, and the current reality of AI.
I see businesses embracing AI without fully understanding the limits. Stopping the hiring juniors developers, often firing large numbers of seniors because they think AI, a group of cheap post grad vibe programmers and a handful of seasoned seniors will equal the workforce they got rid of when AI, while very good is not ready to sustain this. It is destroying the career progression for the industry and even if/when they realise it was a mistake, it might already have devastated the industry by then.
I see the large tech companies tearing through the web illegally sucking up anything they can access to pull into their ever more costly models with zero regard to the effects on the economy, the cost to the servers they are hitting, or the environment from the huge power draw creating these models requires.
It’s a nice idea, but private business cannot be trusted to do this right, we’re seeing how to do it wrong, live before our eyes.
And the whole AI industry is holding up the stock market, while AI has historically always ran the hype cycle and crashed into an AI winter. Stock markets do crash after billions pumped into a sector suddenly turn out to be not worth as much. Almost none of these AI companies run a profit and don’t have any prospect of becoming profitable. It’s when everybody starts yelling that this time it’s different that things really become dangerous.
Now see, I like the idea of AI.
What I don’t like are the implications, and the current reality of AI.
I see businesses embracing AI without fully understanding the limits. Stopping the hiring juniors developers, often firing large numbers of seniors because they think AI, a group of cheap post grad vibe programmers and a handful of seasoned seniors will equal the workforce they got rid of when AI, while very good is not ready to sustain this. It is destroying the career progression for the industry and even if/when they realise it was a mistake, it might already have devastated the industry by then.
I see the large tech companies tearing through the web illegally sucking up anything they can access to pull into their ever more costly models with zero regard to the effects on the economy, the cost to the servers they are hitting, or the environment from the huge power draw creating these models requires.
It’s a nice idea, but private business cannot be trusted to do this right, we’re seeing how to do it wrong, live before our eyes.
And the whole AI industry is holding up the stock market, while AI has historically always ran the hype cycle and crashed into an AI winter. Stock markets do crash after billions pumped into a sector suddenly turn out to be not worth as much. Almost none of these AI companies run a profit and don’t have any prospect of becoming profitable. It’s when everybody starts yelling that this time it’s different that things really become dangerous.
You’re right. It’s the business model driving technological advancement in the 21st century that’s flawed.