Governments and tech moguls have bet hundreds of billions on artificial intelligence. If the technology does what it promises, we will have to radically rethink how the global economy functions.
There has been a mobile phone revolution, absolutely
There was even a social media revolution, changed the way we interact
AI, though, so far has been just “the next it fad” in the 2-5 year cycle, like NFT before it, like Crypto currencies before that, and what was it before that? Web 3.0, then before that there was… Trying to remember… cloud computing? Each of these fads had minor to no influence.in how we did things, and for AI we only just added in stupidity of writing documents with AI which completely misses the point why we write those documents to begin with
The AI fad is a lot more like the Internet fad than the crypto fad. I think once the bubble pops (like the .com bubble 25 years ago) some use-cases will definitely remain. But yeah, we definitely are in a bubble.
I was with you up to “cloud computing”. That bubble was a huge success that has really revolutionized how software is provided
well known winners include AWS, Google, Microsoft but there are many more depending how you define cloud computing
also some huge flops
AI has a lot of mindshare and has demonstrated contributions in several areas. For example, ai slop you see on YouTube is making some people money. As a coder I do find it sometimes a useful tool, and I can definitely see the near future where it’s a required skill, and no, if you just ask it to spit out slop you’re not getting anything but slop ). I don’t see how it’s going away. However it doesn’t (yet?) live up to its hype nor is there (yet?) a profitable business for providers.
Meanwhile the crypto and NFT bubbles were pyramid schemes that only ever made money from themselves. Web 3.0 probably looks useful to its proponents but was only ever a niche that no one else cared about
There has been a computer revolution for sure
There has been a mobile phone revolution, absolutely
There was even a social media revolution, changed the way we interact
AI, though, so far has been just “the next it fad” in the 2-5 year cycle, like NFT before it, like Crypto currencies before that, and what was it before that? Web 3.0, then before that there was… Trying to remember… cloud computing? Each of these fads had minor to no influence.in how we did things, and for AI we only just added in stupidity of writing documents with AI which completely misses the point why we write those documents to begin with
The AI fad is a lot more like the Internet fad than the crypto fad. I think once the bubble pops (like the .com bubble 25 years ago) some use-cases will definitely remain. But yeah, we definitely are in a bubble.
I was with you up to “cloud computing”. That bubble was a huge success that has really revolutionized how software is provided
AI has a lot of mindshare and has demonstrated contributions in several areas. For example, ai slop you see on YouTube is making some people money. As a coder I do find it sometimes a useful tool, and I can definitely see the near future where it’s a required skill, and no, if you just ask it to spit out slop you’re not getting anything but slop ). I don’t see how it’s going away. However it doesn’t (yet?) live up to its hype nor is there (yet?) a profitable business for providers.
Meanwhile the crypto and NFT bubbles were pyramid schemes that only ever made money from themselves. Web 3.0 probably looks useful to its proponents but was only ever a niche that no one else cared about