As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • NounsAndWords@lemmy.world
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    1 year ago

    Just a reminder that the dot com bubble was a problem for investors, not the underlying technology that continued to change the entire world.

      • FMT99@lemmy.world
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        1 year ago

        Not that you’re wrong per-se but the dotcom bubble didn’t impact my life at all back in the day. It was on the news and that was it. I think this will be the same. A bunch of investors will lose their investments, maybe some adventurous pension plans will suffer a bit, but on the whole life will go on.

        The impact of AI itself will be much further reaching. We better force the companies that do survive to share the wealth otherwise we’re in for a tough time. But that won’t have anything to do with a bursting investment bubble.

        • BradleyUffner@lemmy.world
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          1 year ago

          Lots of everyday normal people lost their jobs due to the bubble. Saying it only impacted the already rich investors is wrong.

          • ZagTheRaccoon@reddthat.com
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            There really isn’t much that harms the rich that won’t indirectly do splash damage on other people, just because their actions control so much of the economy that people depend on for survival.

          • Candelestine@lemmy.world
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            Lots or some? I’d say “some”.

            edit: Really, though. How many people lost their jobs? Obviously, this being a techy space, anecdotes will lean towards people knowing someone personally. Tech people know other tech people.

            But in a country of 300 million, how many people was it? Was unemployment significantly moved by it? No, it was not, because for the most part the websites that failed did not employ very large numbers of people, and there were other jobs available in the field.

          • WarmSoda@lemm.ee
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            1 year ago

            I don’t know about that. Not a single person I know or I’ve met has ever said they were affected by it in any way. In any state.

            • Chetzemoka@kbin.social
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              Well there are two of us right here in the comment section. I had a great job at a startup online retailer. They had a good business model, it was a great place to work.

              We had been beating our sales projections and were only a couple months away from being profitable when the Sept 11 attacks happened. Within two weeks, our VC funding stopped and we were all out of jobs because the company owners had to choose between paying rent and paying us. They chose to pay us all severance, bless them for that.

              Thankfully I was young, didn’t own a house, didn’t have kids. But a lot of my colleagues did.

              • WarmSoda@lemm.ee
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                1 year ago

                Well there’s two of us in this thread saying otherwise.
                Checkmate

                • Chetzemoka@kbin.social
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                  Fully admits to being a literal child at the time. Still talking like they have something to contribute about the situation they fully admit to knowing nothing about. Gets snarky with the people who were actually impacted by it.

                  Fucking why do people like you feel the compulsive need to open their mouths about every god damned thing? Maybe your opinion, I dunno, isn’t relevant.

                  I would like to introduce you to a different possibility. It’s called keeping your mouth shut and listening. Crazy idea, I know, but it’s often followed by this thing called learning.

                  Give it a try sometime.

                • gloriousspearfish@feddit.dk
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                  1 year ago

                  It is not a competition. But your claim that normal working people was not hurt by the dotcom bubble can not be dismissed.

                • RustnRuin@lemm.ee
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                  1 year ago

                  So according to this thread, 50% of people got affected by the dotcom bubble, right?

            • grabyourmotherskeys@lemmy.world
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              As someone who was getting a comp sci degree at the time, a huge percentage of my cohort could not find jobs in any IT position, let alone programming, so they ended up taking what they could get. A couple years later when companies started hiring again, no one wanted them because they hadn’t worked in the industry and their degree was stale (which is bs, they were just able to hire much more experienced people for the same salary). Most of those people then ended up paying off student loans for degrees they never used.

              Meanwhile, those who could stayed in school flooding the market with Masters and PHD candidates which raised the bar for all coming after.

              That still affects hiring practices to this day.

            • JustSomePerson@kbin.social
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              Are you maybe too young to know people who were actually working at the time. Obviously the life of a high schooler wasn’t very affected.

              • WarmSoda@lemm.ee
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                Right. Everyone I know was obviously in highschool? I was long out of highschool lol

            • wizardbeard@lemmy.dbzer0.com
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              I’d reason that has more to do with your circles than anything else.

              I entered college right around that time. I know multiple families who lost their home from it. My parents nearly did. My Grandparents attempt to downsize was delayed by almost five years of sitting with their house on the market and they ended up having to absolutely slash the sales price to sell their home.

              I know people who lost their jobs as primary breadwinner in their household and never were able to get back into the workforce in any significant capacity until just before the pandemic.

              I know many people who graduated college 2008-2012, had wonderful credentials/resumes, who weren’t able to find stable employment or a starter “career” job until 2017 or later.

              Hell, the 2008 crash was the big tipping point for the public idea that if you worked hard and did good in school, you could just expect things to work out well for your employment.

              There’s all sorts of shit you could use to pick apart these folks, blame what occurred on choices they made, and you wouldn’t be entirely off base for some of them. However, that doesnct change that despite your personal circles, it had a significant impact.

              We’re going anecdote v anecdote here. Your insistance of a lack of effect on people crumbles the moment anyone comes in and says they know people who were.

        • kitonthenet@kbin.social
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          1 year ago

          The dotcom bubble was one of the middle dominos on the way to the 2008 collapse, the fed dropped interest rates to near zero and kept them there for years, investor confidence was low, so here come mortgage backed securities.

          In addition, the bubble bursting and its aftermath is what allowed the big players in tech (Amazon, Google, Cisco etc) to merge to monopoly, which hasn’t been particularly good

          • WarmSoda@lemm.ee
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            Most Americans didn’t even feel the effects of the 2008 collapse. Most recessions aren’t noticed by most of the country. These things are blown way out of proportion by news conglomerates that have a vested interest in it.

            • 5in1k@lemm.ee
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              Um no. So many of my friends unemployed. So many people were losing houses. It was nuts. Everyone noticed. The government even gave us “please don’t riot” money.

                • 5in1k@lemm.ee
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                  The company I worked for went from 12 to 5 employees. I bought a house for 15k because so many people lost them and the prices collapsed. Did you live through it? Maybe you were just insulated or ignorant of what was happening.

                • 5in1k@lemm.ee
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                  I even remember going to downtown Detroit to repair scratches on desks on entire floors of a empty of employees skyscraper right on Jefferson. Hipsters bought an empty skyscraper as well up in New Center. But yeah, no one affected.

            • rambaroo@lemmy.world
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              You have got to be kidding me. I don’t know a single millennial who wasn’t affected badly by 2008.

            • Landrin201@lemmy.ml
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              1 year ago

              Is this Elon musks account? Because for you to be so out of touch as to say the insane shit you just said you must be extraordinarily wealthy or a hermit living in the woods with nobody else around

            • JustSomePerson@kbin.social
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              1 year ago

              Have you considered accepting that you’re wrong on this? It’s not a personal disaster to realize that just because you didn’t personally see the impact, there was none. Instead of sticking to what you thought, you might learn insights. Perhaps they can be valuable when analyzing the current bubbles.

    • GenderNeutralBro@lemmy.sdf.org
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      Yeah. Note how we’re having this conversation over the web. The bubble didn’t hurt the tech.

      This is something to worry about it you’re an investor or if you’re making big career decisions.

      If you have a managed investment account, like a 401(k), it might be worth taking a closer look at it. There’s no shortage of shysters in finance.

    • MyDogLovesMe@lemmy.world
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      In Canada, a good example is cannabis industry. Talk about fucking up opportunities.

      Why would it be any different with tech?

      It’s about the early cash-grab, imo.

  • bassomitron@lemmy.world
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    This kind of feels like a common sense observation to anyone that’s been mildly paying attention.

    Tech investors do this to themselves every few years. In literally the last 6-7 years, this happened with crypto, then again but more specifically with NFTs, and now AI. Hell, we even had some crazes going on in parallel, with self driving cars also being a huge dead end in the short term (Tesla’s will have flawless, fully self-driving any day now! /S).

    AI will definitely transform the world, but not yet and not for awhile. Same with self driving cars. But that being said, most investors don’t even care. They’re part of the reason this gets so hyped up, because they’ll get in first, pump value, then dump and leave a bunch of other suckers holding the bags. Rinse and repeat.

    • QuarterSwede@lemmy.world
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      I also don’t know why this is a surprise. Investors are always looking for the next small thing that will make them big money. That’s basically what investing is …

    • assassin_aragorn@lemmy.world
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      but not yet and not for awhile. Same with self driving cars.

      Bingo. We’re very far from the point where it’ll do as much as the general public expects when it hears AI. Honestly this is an informative lesson in just how easy it is to get big investors to part with their money.

  • MaxPow3r11@lemmy.world
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    1 year ago

    It’s starting to look like the crypto/nft scam because it is the same fucking assholes forcing this bullshit on all of us.

    • EnderMB@lemmy.world
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      As someone that currently works in AI/ML, with a lot of very talented scientists with PhD’s and dozens of papers against their name, it boils my piss when I see crypto cunts I used to know that are suddenly all on the AI train, trying to peddle their “influence” on LinkedIn.

    • pexavc@lemmy.world
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      I said the same thing. It feels like that. I wonder if there’s some sociological study behind what has been pushing “wrappers” of implementations at high volume. Wrappers meaning, 90%+ of the companies are not incorporating Intellectual Property of any kind and saturating the markets with re-implementations for quick income and then scrapping. I feel this is not a new thing. But, for some reason it feels way more “in my face” the past 4 years.

    • mycroftholmess@lemm.ee
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      NFTs in their mainstream form were the most cringe-worthy concept imaginable. A random artist makes a random ape which suddenly becomes a collectible, and all it happened to be was an S3 url on a particular blockchain? Which could be replicated on another chain? How did people think this was a smart thing to invest in?! Especially the Apes and rubbish?!

      • fidodo@lemm.ee
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        1 year ago

        Crypto had real tech behind it too. The reason it was bullshit wasn’t that there wasn’t serious tech backing it, it’s that there was no use case that wasn’t a shittier version of something else.

        • johnlobo@lemmy.world
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          yeah “real tech”. crypto/nft is not real as in it is useless. as of now. it is useful to criminal though.

    • fidodo@lemm.ee
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      A broken clock is right twice a day. The crypto dumbasses jump on every trend, so you still need to evaluate it on its own merits. The crypto Bros couldn’t come up with a real world compelling use case over years and years, so that was obviously bullshit. Generative AI is just kicking off and there are already tons of use cases for it.

  • grue@lemmy.world
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    Pro tip: when you start to see articles talking a bout how something looks like a bubble, it means it’s already popped and anybody who hasn’t already cashed in their investment is a bag-holder.

    • Gsus4@feddit.nl
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      https://en.wikipedia.org/wiki/Dot-com_bubble

      Between 1990 and 1997, the **percentage of households in the United States owning computers increased from 15% to 35% as computer ownership progressed from a luxury to a necessity. This marked the shift to the Information Age, an economy based on information technology, and many new companies were founded.

      At least we got something out of the dot-com bubble. What do you think are the useful remnants, if you think it’s over? It still feels like the applications are in the very beginning. Not the actual tech, that’s actually been performance and dataset size and tweak updates since 2012.

      • Ondergetekende@feddit.nl
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        The AI bubble produced many useful products already, many of which will remain useful even after the bubble popped.

        The term bubble is mostly about how investment money flows around. Right now you can get near infinite moneys if you include the term AI in your business plan. Many of the current startups will never produce a useful product, and after the bubble has truly popped, those who haven’t will go under.

        Amazon, ebay, booking and cisco survived the dotcom bubble, as they attracted paying users before the bubble ended. Things like github copilot, dalee, chat bots etc are genuinely useful products which have already attracted paying cusomers. Some of these products may end up being provided by competitors of the current providers, but someone will make long term money from these products.

      • Ragnell@kbin.social
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        @Gsus4 We’ll get a neat toy out of it and hopefully some laws around the use of that neat toy in entertainment that protect creative workers. Also we’ll have learned some new things about what can be done with computers.

  • Flying Squid@lemmy.world
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    The AI bubble can burst and take a bunch of tech bro idiots with it. Good. Fine. Don’t give a fuck.

    It’s the housing bubble that needs to burst. That’s what’s hurting real people.

  • 1bluepixel@lemmy.world
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    There’s a lot of similarity in tone between crypto and AI. Both are talking about their sphere like it will revolutionize absolutely everything and anything, and both are scrambling to find the most obscure use case they can claim as their own.

    The biggest difference is that AI has concrete, real-world applications, but I suspect its use, ultimately, will be less universal and transformative as the hype is making it out to be.

    • pewter@lemmy.world
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      The AI sphere isn’t like crypto’s sphere. Crypto was truly one thing. Lots of things can be solved with AI and modern LLMs have shown to be better than remedial at zero shot learning for things they weren’t explicitly designed to do.

    • conciselyverbose@kbin.social
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      Eventually it absolutely will be universal.

      But modern tech isn’t that and doesn’t have a particular promising path towards that. Most of the investment in heavily scaling up current hardware comes from a place of not understanding the technology or its limitations. Blindly throwing cash at buzzwords without some level of understanding (you don’t need to know how to cure cancer to invest in medicine, but you should probably know crystals don’t do it) of what you’re throwing money at is going to get you in trouble.

  • Orphie Baby@lemmy.world
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    Good. It’s not even AI. That word is just used because ignorant people eat it up.

    • FaceDeer@kbin.social
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      It is indeed AI. Artificial intelligence is a field of study that encompasses machine learning, along with a wide variety of other things.

      Ignorant people get upset about that word being used because all they know about “AI” is from sci-fi shows and movies.

      • Orphie Baby@lemmy.world
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        Except for all intents and purposes that people keep talking about it, it’s simply not. It’s not about technicalities, it’s about how most people are freaking confused. If most people are freaking confused, then by god do we need to re-categorize and come up with some new words.

        • FaceDeer@kbin.social
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          “Artificial intelligence” is well-established technical jargon that’s been in use by researchers for decades. There are scientific journals named “Artificial Intelligence” that are older than I am.

          If the general public is so confused they can come up with their own new name for it. Call them HALs or Skynets or whatever, and then they can rightly say “ChatGPT is not a Skynet” and maybe it’ll calm them down a little. Changing the name of the whole field of study is just not in the cards at this point.

          • Orphie Baby@lemmy.world
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            If you haven’t noticed, the people we’re arguing with— including the pope and James Cameron— are people who think this generative pseudo-AI and a Terminator are the same thing. But they’re not even remotely similar, or remotely-similarly capable. That’s the problem. If you want to call them both “AI”, that’s technically semantics. But as far as pragmatics goes, generative AI is not intelligent in any capacity; and calling it “AI” is one of the most confusion-causing things we’ve done in the last few decades, and it can eff off.

            • FaceDeer@kbin.social
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              The researchers who called it AI were not the ones who are the source of the confusion. They’ve been using that term for this kind of thing for more than half a century.

              I think what’s happening here is that people are panicking, realizing that this new innovation is a threat to their jobs and to the things they had previously been told were supposed to be a source of unique human pride. They’ve been told their whole lives that machines can’t replace that special spark of human creativity, or empathy, or whatever else they’ve convinced themselves is what makes them indispensable. So they’re reduced to arguing that it’s just a “stochastic parrot”, it’s not “intelligent”, not really. It’s just mimicking intelligence somehow.

              Frankly, it doesn’t matter what they call it. If they want to call it a “stochastic parrot” that’s just mindlessly predicting words, that’s probably going to make them feel even worse when that mindless stochastic parrot is doing their job or has helped put out the most popular music or create the most popular TV show in a few years. But in the meantime it’s just kind of annoying how people are demanding that we stop using the term “artificial intelligence” for something that has been called that for decades by the people who actually create these things.

              Rather than give in to the ignorant panic-mongers, I think I’d rather push back a bit. Skynet is a kind of artificial intelligence. Not all artificial intelligences are skynets. It should be a simple concept to grasp.

              • Orphie Baby@lemmy.world
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                You almost had a good argument until you started trying to tell us that it’s not just a parrot. It absolutely is a parrot. In order to have creativity, it needs to have knowledge. Not sapience, not consciousness, not even “intelligence” as we know it— just knowledge. But it doesn’t know anything. If it did, it wouldn’t put 7 fingers on a damn character. It doesn’t know that it’s looking at and creating fingers, they’re just fucking pixels to it. It saw pixel patterns, it created pixel patterns. It doesn’t know context to know when the patterns don’t add up. You have to understand this.

                So in the end, it turns out that if you draw something unique and purposeful, with unique context and meaning— and that is preeeetty easy— then you’ll still have a drawing job. If you’re drawing the same thing everyone else already did a million times, AI may be able to do that. If it can figure out how to not add 7 fingers and three feet.

                • FaceDeer@kbin.social
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                  As I said, call it a parrot if you want, denigrate its capabilities, really lean in to how dumb and mindless you think it is. That will just make things worse when it’s doing a better job than the humans who previously ran that call center you’re talking to for assistance with whatever, or when it’s got whatever sort of co-writer byline equivalent the studios end up developing to label AI participation on your favourite new TV show.

                  How good are you at drawing hands? Hands are hard to draw, you know. And the latest AIs are actually getting pretty good at them.

          • shy@reddthat.com
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            We should call them LLMAIs (la-mize, like llamas) to really specify what they are.

            And to their point, I think the ‘intelligence’ in the modern wave of AI is severely lacking. There is no reasoning or learning, just a brute force fuzzy training pass that remains fixed at a specific point in time, and only approximates what an intelligent actor would respond with through referencing massive amounts of “correct response” data. I’ve heard AGI being bandied about as the thing people really thought when you said AI a few years ago, but I’m kind of hoping the AI term stops being watered down with this nonsense. ML is ML, it’s wrong to say that it’s a subset of AI when AI has its own separate connotations.

            • FaceDeer@kbin.social
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              LLaMA models are already a common type of large language model.

              but I’m kind of hoping the AI term stops being watered down with this nonsense.

              I’m hoping people will stop mistaking AI for AGI and quit complaining about how it’s not doing what they imagined that they were promised it would do. I also want a pony.

              • shy@reddthat.com
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                You appear to have strong opinions on this, so probably not worth arguing further, but I disagree with you completely. If people are mistaking it then that is because the term is being used improperly, as the very language of the two words do not apply. AGI didn’t even gain traction as a term until recently, when people who were actually working on strong AI had to figure out a way to continue communicating about what they were doing, because AI had lost all of its original meaning.

                Also, LLaMA is one of the LLMAIs, not a “common type” of LLM. Pretty much confirms you don’t know what you’re talking about here…

                • FaceDeer@kbin.social
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                  Also, LLaMA is one of the LLMAIs, not a “common type” of LLM. Pretty much confirms you don’t know what you’re talking about here…

                  Take a look around Hugging Face, LLaMA models are everywhere. They’re a very popular base model because they’re small and have open licenses.

                  You’re complaining about ambiguous terminology, and your proposal is to use LLMAIs (pronounce like llamas) as the general term for the thing that LLaMAs (pronounced llamas) are? That’s not particularly useful.

        • Prager_U@lemmy.world
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          The real problem is folks who know nothing about it weighing in like they’re the world’s foremost authority. You can arbitrarily shuffle around definitions and call it “Poo Poo Head Intelligence” if you really want, but it won’t stop ignorance and hype reigning supreme.

          To me, it’s hard to see what cowtowing to ignorance by “rebranding” this academic field would achieve. Throwing your hands up and saying “fuck it, the average Joe will always just find this term too misleading, we must use another” seems defeatist and even patronizing. Seems like it would instead be better to try to ensure that half-assed science journalism and science “popularizers” actually do their jobs.

    • Not_Alec_Baldwin@lemmy.world
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      I’ve started going down this rabbit hole. The takeaway is that if we define intelligence as “ability to solve problems”, we’ve already created artificial intelligence. It’s not flawless, but it’s remarkable.

      There’s the concept of Artificial General Intelligence (AGI) or Artificial Consciousness which people are somewhat obsessed with, that we’ll create an artificial mind that thinks like a human mind does.

      But that’s not really how we do things. Think about how we walk, and then look at a bicycle. A car. A train. A plane. The things we make look and work nothing like we do, and they do the things we do significantly better than we do them.

      I expect AI to be a very similar monster.

      If you’re curious about this kind of conversation I’d highly recommend looking for books or podcasts by Joscha Bach, he did 3 amazing episodes with Lex.

      • Orphie Baby@lemmy.world
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        Current “AI” doesn’t solve problems. It doesn’t understand context. It can’t see fingers and say “those are fingers, make sure there’s only five”. It can’t tell the difference between a truth and a lie. It can’t say “well that can’t be right!” It just regurgitates an amalgamation of things humans have showed it or said, with zero understanding. “Consciousness” and certainly “sapience” aren’t really relevant factors here.

        • magic_lobster_party@kbin.social
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          You’re confusing AI with AGI. AGI is the ultimate goal of AI research. AI are all the steps along the way. Step by step, AI researchers figure out how to make computers replicate human capabilities. AGI is when we have an AI that has basically replicated all human capabilities. That’s when it’s no longer bounded by a particular problem.

          You can use the more specific terms “weak AI” or “narrow AI” if you prefer.

          Generative AI is just another step in the way. Just like how the emergence of deep learning was one step some years ago. It can clearly produce stuff that previously only humans could make, which in this case is convincing texts and pictures from arbitrary prompts. It’s accurate to call it AI (or weak AI).

          • Orphie Baby@lemmy.world
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            Yeah, well, “AGI” is not the end result of this generative crap. You’re gonna have to start over with something different one way or another. This simply is not the way.

          • Orphie Baby@lemmy.world
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            No? There’s a whole lot more to being human than being able to separate one object from another and identify it, recognize that object, and say “my database says that there should only be two of these in this context”. Current “AI” can’t even do that much-- especially not with art.

            Do you know what “sapience” means, by the way?

    • jeanma@lemmy.ninja
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      true, not AI but it’s doing a quite impressive job. Injecting fake money should not be allowed and these companies should generate sales. Especially in disrupting in some human field, even if it is a fad.

      You can compete OK, but you use your own money and benefits to support your cost.

      Yeah I know, something is called “investment”

  • linearchaos@lemmy.world
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    AI is bringing us functional things though.

    .Com was about making webtech to sell companies to venture capitalists who would then sell to a company to a bigger company. It was literally about window dressing garbage to make a business proposition.

    Of course there’s some of that going on in AI, but there’s also a hell of a lot of deeper opportunity being made.

    What happens if you take a well done video college course, every subject, and train an AI that’s both good working with people in a teaching frame and is also properly versed on the subject matter. You take the course, in real time you can stop it and ask the AI teacher questions. It helps you, responding exactly to what you ask and then gives you a quick quiz to make sure you understand. What happens when your class doesn’t need to be at a certain time of the day or night, what happens if you don’t need an hour and a half to sit down and consume the data?

    What if secondary education is simply one-on-one tutoring with an AI? How far could we get as a species if this was given to the world freely? What if everyone could advance as far as their interest let them? What if AI translation gets good enough that language is no longer a concern?

    AI has a lot of the same hallmarks and a lot of the same investors as crypto and half a dozen other partially or completely failed ideas. But there’s an awful lot of new things that can be done that could never be done before. To me that signifies there’s real value here.

    *dictation fixes

    • SpaceCowboy@lemmy.ca
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      In the dot com boom we got sites like Amazon, Google, etc. And AOL was providing internet service. Not a good service. AOL was insanely overvalued, (like insanely overvalued, it was ridiculous) but they were providing a service.

      But we also got a hell of a lot of businesses which were just “existing business X… but on the internet!”

      It’s not too dissimilar to how it is with AI now really. “We’re doing what we did before… but now with AI technology!”

      If it follows the dot com boom-bust pattern, there will be some companies that will survive it and they will become extremely valuable the future. But most will go under. This will result in an AI oligopoly among the companies that survive.

      • linearchaos@lemmy.world
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        AOL was NOT a dotcom company, it was already far past it’s prime when the bubble was in full swing still attaching cdrom’s to blocks of kraft cheese.

        The dotcom boom generated an unimaginable number of absolute trash companies. The company I worked for back then had it’s entire schtick based on taking a lump sum of money from a given company, giving them a sexy flash website and connecting them with angel investors for a cut of their ownership.

        Photoshop currently using AI to get the job done is more of an advantage that 99% of the garbage that was wrought forth and died on the vine in the early 00’s. Topaz labs can currently take a poor copy of VHS video uploaded to Youtube and turn it into something nearly reasonable to watch in HD. You can feed rough drafts of performance reviews or apologetic letters to people through ChatGPT and end up with nearly professional quality copy that iterates your points more clearly than you’d manage yourself with a few hours of review. (at least it does for me)

        Those companies born around the dotcom boon that persist didn’t need the dotcom boom to persist, they were born from good ideas and had good foundation.

        There’s still a lot to come out of the AI craze. Even if we stopped where we are now, upcoming advances in the medical field alone with have a bigger impact on human quality of life than 90% of those 00’s money grabs.

    • hark@lemmy.world
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      .com brought us functional things. This bubble is filled with companies dressing up the algorithms they were already using as “AI” and making fanciful claims about their potential use cases, just like you’re doing with your AI example. In practice, that’s not going to work out as well as you think it will, for a number of reasons.

      • linearchaos@lemmy.world
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        Gentlemans bet, There will be AI teaching college level courses augmenting video classes withing 10 years. It’s a video class that already exists, coupled with a helpdesk bot that already exists trained against tagged text material that already exists. They just need more purpose built non-AI structure to guide it all along the rails and oversee the process.

        • yumcake@lemmy.one
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          In the current state people can take classes on say Zoom, formulate a question, and then type it into Google, which pulls up an LLM-generated search result from Baird.

          Is there profit in generating an LLM application on a much narrower set of training data to sell it as a pay-service competitor to an ostensibly free alternative? It would need to pretty significantly more efficient or effective than the free alternative. I don’t question the usefulness of the technology since it’s already in-use, just the business case feasibility amidst the competitive environment.

          • linearchaos@lemmy.world
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            Yeah, current LLM aren’t tuned for it. Not to say there’s not advantage to using one of them while in an online class. Under the general training, there’s no telling what it’s sourcing from. You could be getting an incomplete or misleading picture. If you’re teaching, you should be pulling information from teaching grade materials.

            IMO, there are real and serious advantages from not using live classes. Firstly, you don’t want people to be forced to a specific class time. Let the early birds take it when they wake, let the night owls take it at 2am. Whenever people are on top their game. If a parent needs to watch the kids 9-5, let them take their classes from 6-10. Forget all these fixed timeframes. If you get sick, or go on vacation, pause the class. When you get back, have it talk to you about the finer points of the material you might have forgotten and see if you still understand the material. You need something that’s capable of gauging if a response is close enough to the source material. LLM can already do this to an extent, but it’s source material can be unreliable and if they screw with the general training it could have adverse effects on your system. You want something bottled, pinned at your version so you can provide consistent results and properly QA changes.

            I tested GPT the other week making some open questions about IT support then I wrote it answers with varied responses. It was able to tell me which answers were proper and which were not great. I asked it to tell me if the responses indicated knowledge of the given topic and it was able to answer correctly in my short test. It not only told me which answers were good and why, but it conveyed concerns about the bad answers. I’d want to see it more thoroughly tested and probably have a separate process wrapped around and watching grading.

            What I’d like to see is a class given by a super good instructor. You know those superstars out there that make it interesting and fun, Feynman kinds of people. If you don’t interrupt it, after every new concept or maybe a couple (maybe you tune that to an indication of how well they’re doing) you throw them a couple of open-ish questions about the content to gauge how well they understand it. As the person watches the course, it tracks their knowledge on each section. When it detects a section where they don’t get it, or could get it better it spends a couple minutes trying different approaches. Maybe it cues up a different short video if it’s a common point of confusion or maybe it flags them to work with a human tutor on a specific topic. If the tutor finds a deficiency, the next time someone has a problem right there, before it throws in the towel, it make sure that the student doesn’t have the same deficiency. If it’s a common problem, they throw in an appendix entry and have the user go through it.

            As it sits now, a lot of people perform marginally in school because of fixed hours or because they don’t want to stop the class for 5 minutes because they missed a concept three chapters ago when they had to take an emergency phone call or use the facilities. Some are just bad at test taking stress. You could make testing continuous and as easy a having a conversation. Someone who lives in the middle of rural Wisconsin could have access to the same level and care of teaching as someone in the suburbs. Kids with learning challenges currently get dumped into classes of kids with learning challenges. The higher functioning ones get kinda screwed as the ones with lower skills eat up the time. Hell, even my first CompSci class, the first three classes were full of people that couldn’t understand variables. The second the professor moved on to endianness the hands shot up and nothing else was done for the class period. He literally just repeated himself all class long assigned us to do all the class training at home.

            The tools to do all this are already here, just not in a state to do the job. Some place like the Gates Foundation could just go, you know, yeah, let’s do this.

            The thing that guides them along won’t even be AI, it’ll just be a structured program, the AI comes in to prompt them to answer ongoing questions and to figure out if they were right or to help them understand something they don’t get and gauge their competency.

            I think the platform it sellable. I think if anyone had access to something that did this (perhaps without accreditation) it would be a boon to humanity

    • fidodo@lemm.ee
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      The Internet also brought us a shit ton of functional things too. The dot com bubble didn’t happen because the Internet wasn’t transformative or incredibly valuable, it happened because for every company that knew what they were doing there were a dozen companies trying something new that may or may not work, and for every one of those companies there were a dozen companies that were trying but had no idea what they were doing. The same thing is absolutely happening with AI. There’s a lot of speculation about what will and won’t work and make companies will bet on the wrong approach and fail, and there are also a lot of companies vastly underestimating how much technical knowledge is required to make ai reliable for production and are going to fail because they don’t have the right skills.

      The only way it won’t happen is if the VCs are smarter than last time and make fewer bad bets. And that’s a big fucking if.

      Also, a lot of the ideas that failed in the dot com bubble weren’t actually bad ideas, they were just too early and the tech wasn’t there to support them. There were delivery apps for example in the early internet days, but the distribution tech didn’t exist yet. It took smart phones to make it viable. The same mistakes are ripe to happen with ai too.

      Then there’s the companies that have good ideas and just under estimate the work needed to make it work. That’s going to happen a bunch with ai because prompts make it very easy to come up with a prototype, but making it reliable takes seriously good engineering chops to deal with all the times ai acts unpredictably.

      • linearchaos@lemmy.world
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        they were doing there were a dozen companies trying something new that may or may not work,

        I’d like some samples of that. A company attempting something transformative back then that may or may not work that didn’t work. I was working for a company that hooked ‘promising’ companies up with investors, no shit, that was our whole business plan, we redress your site in flash, put some video/sound effects in, and help sell you to someone with money looking to buy into the next google . Everything that was ‘throwing things at the wall to see what sticks’ was a thinly veiled grift for VC. Almost no one was doing anything transformative. The few things that made it (ebay, google, amazon) were using engineers to solve actual problems. Online shopping, Online Auction, Natural language search. These are the same kinds of companies that continue to spring into existence after the crash.

        It’s the whole point of the bubble. It was a bubble because most of the money was going into pockets not making anything. People were investing in companies that didn’t have a viable product and had no intention south of getting bought by a big dog and making a quick buck. There weren’t all of a sudden this flood of inventors making new and wonderful things unless you count new and amazing marketing cons.

    • gayhitler420@lemm.ee
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      You got two problems:

      First, ai can’t be a tutor or teacher because it gets things wrong. Part of pedagogy is consistency and correctness and ai isn’t that. So it can’t do what you’re suggesting.

      Second, even if it could (it can’t get to that point, the technology is incapable of it, but we’re just spitballing here), that’s not profitable. I mean, what are you gonna do, replace public school teachers? The people trying to do that aren’t interested in replacing the public school system with a new gee whiz technology that provides access to infinite knowledge, that doesn’t create citizens. The goal of replacing the public school system is streamlining the birth to workplace pipeline. Rosie the robot nanny doesn’t do that.

      The private school class isn’t gonna go for it either, currently because they’re ideologically opposed to subjecting their children to the pain tesseract, but more broadly because they are paying big bucks for the best educators available, they don’t need a robot nanny, they already have plenty. You can’t sell precision mass produced automation to someone buying bespoke handcrafted goods.

      There’s a secret third problem which is that ai isn’t worried about precision or communicating clearly, it’s worried about doing what “feels” right in the situation. Is that the teacher you want? For any type of education?

      • linearchaos@lemmy.world
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        First, ai can’t be a tutor or teacher because it gets things wrong.

        Since the iteration we have that’s designed for general purpose language modeling and is trained widely on every piece of data in existence can’t do exactly one use case, you can’t conceive that it can ever be done with the technology? GTHO. It’s not like we’re going to say ChatGPT teach kids how LLM works, but some more stuctured program that uses something like chatGPT for communication. This is completely reasonable.

        that’s not profitable.

        A. It’s my opinion but I think you’re dead wrong and it’s easily profitable if not to ivy league standards it would certainly put community college out of business.

        B. Screw profit. Philanthropic investment throws a couple billion into a nonprofit run by someone who wants to see it happen.

        The private school class isn’t gonna go for it either,

        You think an Ivy League school is above selling a light model of their courseware when they don’t have to pay anyone to teach the classes, or grade the work? Check out Harvard University Edx. It’s not a stretch.

        t third problem which is that ai isn’t worried about precision or communicating clearly

        Ohh a secret third problem, that sounds fun. I’ll let you in on another secret, AI isn’t worried because it’s a very large complicated math program. It doesn’t worry about communicating clearly, the people who pile on layer upon layer of LLM to produce output do that. It doesn’t give a damn about anything, but the people who work on it do.

        You want clarity?

        Let’s have GTP4, here as it sits clear up your complaint about my post:

        "Here is a revised version of your text that sounds more educated:

        There are two primary issues with the notion of using artificial intelligence as a tutor or teacher. Firstly, artificial intelligence is not infallible and can make mistakes. Consistency and correctness are integral components of pedagogy, and artificial intelligence is not yet capable of achieving these standards. As such, it is not suitable for the role you have suggested.

        Secondly, even if artificial intelligence were capable of fulfilling this role (which it is not, due to technological limitations), it would not be a profitable endeavor. Replacing public school teachers with artificial intelligence would not align with the goals of those seeking to reform the public school system. The aim is to streamline the process from birth to the workplace, and an artificial intelligence nanny would not facilitate this.

        Furthermore, the private school class would not be interested in such a proposal. They are currently opposed to subjecting their children to such technology and are willing to pay for the best educators available. Precision mass-produced automation cannot compete with bespoke handcrafted goods.

        There is also a third issue to consider: artificial intelligence is not concerned with precision or clear communication. Instead, it focuses on what “feels” right in a given situation. Is this the type of teacher we want for any form of education?"

        or perhaps you’d like to have it communicate clearly to younger people

        "Sure, here is a revised version of the text written at a 5th-grade level:

        There are two big problems with using computers to teach kids. The first problem is that computers can make mistakes. Teachers need to be right all the time, and computers aren’t always right. So, they can’t do the job you want them to do.

        The second problem is that even if computers could do the job (they can’t, but let’s pretend), it wouldn’t make money. People who want to change schools don’t want to use computers to teach kids everything. They want to make it easier for kids to get jobs when they grow up. A computer nanny can’t do that.

        Rich kids who go to private schools wouldn’t like it either. Their parents pay a lot of money for the best teachers. They don’t want a computer nanny. You can’t sell something cheap and easy to make to someone who wants something special and handmade.

        There’s also a secret third problem. Computers don’t care about being right or explaining things clearly. They just do what they think is best at the moment. Is that the kind of teacher you want? For any kind of learning?"

        • gayhitler420@lemm.ee
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          Woof.

          I’m not gonna ape your style of argumentation or adopt a tone that’s not conversational, so if that doesn’t suit you don’t feel compelled to reply. We’re not machines here and can choose how or even if we respond to a prompt.

          I’m also not gonna stop anthropomorphizing the technology. We both know it’s a glorified math problem that can fake it till it makes it (hopefully), if we’ve both accepted calling it intelligence there’s nothing keeping us from generalizing the inference “behavior” as “feeling”. In lieu of intermediate jargon it’s damn near required.

          Okay:

          Outputting correct information isn’t just one use case, it’s a deep and fundamental flaw in the technology. Teaching might be considered one use case, but it’s predicated on not imagining or hallucinating the answer. Ai can’t teach for this reason.

          If ai were profitable then why are there articles ringing the bubble alarm bell? Bubbles form when a bunch of money gets pumped in as investment but doesn’t come out as profit. Now it’s possible that there’s not a bubble and all this is for nothing, but read the room.

          But let’s say you’re right and there’s not a bubble: why would you suggest community college as a place where ai could be profitable? Community colleges are run as public goods, not profit generating businesses. Ai can’t put them out of business because they aren’t in it! Now there are companies that make equipment used in education, but their margins aren’t usually wide enough to pay back massive vc investment.

          It’s pretty silly to suggest that billionaire philanthropy is a functional or desirable way to make decisions.

          Edx isn’t for the people that go to Harvard. It’s a rent seeking cash grab intended to buoy the cash raft that keeps the school in operation. Edx isn’t an example of the private school classes using machine teaching on themselves and certainly not on a broad scale. At best you could see private schools use something like Edx as supplementary coursework.

          I already touched on your last response up at the top, but clearly the people who work on ai don’t worry about precision or clarity because it can’t do those things reliably.

          Summarizing my post with gpt4 is a neat trick, but it doesn’t actually prove what you seem to be going for because both summaries were less clear and muddy the point.

          Now just a tiny word on tone: you’re not under any compulsion to talk to me or anyone else a certain way, but the way you wrote and set up your reply makes it seem like you feel under attack. What’s your background with the technology we call ai?

    • CaptainProton@lemmy.world
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      There are two kinds of companies in tech: hard tech companies who invent it, and tech-enabled companies who apply it to real world use cases.

      With every new technology you have everyone come out of the woodwork and try the novel invention (web, mobile, crypto, ai) in the domain they know with a new tech-enabled venture.

      Then there’s an inevitable pruning period when some critical mass of mismatches between new tool and application run out of money and go under. (The beauty of the free market)

      AI is not good for everything, at least not yet.

      So now it’s AI’s time to simmer down and be used for what it’s actually good at, or continue as niche hard-tech ventures focused on making it better at those things it’s not good at.

      • linearchaos@lemmy.world
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        I absolutely love how cypto (blockchain) works but have yet to see a good use case that’s not a pyramid scheme. :)

        LLM/AI I’ll never be good for everything. But it’s damn good a few things now and it’ll probably transform a few more things before it runs out of tricks or actually becomes AI (if we ever find a way to make a neural network that big before we boil ourselves alive).

        The whole quantum computing thing will get more interesting shortly, as long as we keep finding math tricks it’s good at.

        I was around and active for dotcom, I think right now, the tech is a hell of lot more interesting and promising.

        • thbb@lemmy.world
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          Crypto is very useful in defective economies such as South America to compensate the flaws of a crumbling financial system. It’s also, sadly, useful for money laundering.

          Fir these 2 uses, it should stay functional.

    • peppersky@feddit.de
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      What happens if you take a well done video college course, every subject, and train an AI that’s both good working with people in a teaching frame and is also properly versed on the subject matter. You take the course, in real time you can stop it and ask the AI teacher questions. It helps you, responding exactly to what you ask and then gives you a quick quiz to make sure you understand. What happens when your class doesn’t need to be at a certain time of the day or night, what happens if you don’t need an hour and a half to sit down and consume the data?

      You get stupid-ass students because an AI producing word-salad is not capable of critical thinking.

      • linearchaos@lemmy.world
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        It would appear to me that you’ve not been exposed to much in the way of current AI content. We’ve moved past the shitty news articles from 5 years ago.

          • linearchaos@lemmy.world
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            You make it sound like the tech is completely incapable of uttering a legible sentence.

            In one article you have people actively trying to fuck with it to make it screw up. And in your other example you picked the most unstable of the new engines out there.

            Omg It answered a question wrong once The tech is completely unusable for anything throw it away throw it away.

            I hate to say it but this guy’s not falling The tech is still usable and it’s actually the reason why I said we need to have a specialized model to provide the raw data and grade the responses using the general model only for conversation and gathering bullet points for the questions and responses It’s close enough to flawless at that that it’ll be fine with some guardrails.

            • Eccitaze@yiffit.net
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              Oh, please. AI does shit like this all the time. Ask it to spell something backwards, it’ll screw up horrifically. Ask it to sort a list of words alphabetically, it’ll give shit out of order. Ask it something outside of its training model, and you’ll get a nonsense response because LLMs are not capable of inference and deductive reasoning. And you want this shit to be responsible for teaching a bunch of teenagers? The only thing they’d learn is how to trick the AI teacher into writing swear words.

              Having an AI for a teacher (even as a one-on-one tutor) is about the stupidest idea I’ve ever heard of, and I’ve heard some really fucking dumb ideas from AI chuds.

  • CobblerScholar@lemmy.world
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    Same thing happened with crypto and block chain. The whole “move fast and break things” in reality means, "we made up words for something that isn’t special to create value out of nothing and cash out before it returns to nothing

    • SCB@lemmy.world
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      Except I’m able to replace 2 content creator roles I’d otherwise need to fill with AI right now.

      There’s this weird Luddite trend going on with people right now, but it’s so heavily divorced from reality that it’s totally non-impactful.

      AI is not a flash in the pan. It’s emerging tech.

      • Ragnell@kbin.social
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        @SCB The Luddites were not upset about progress, they were upset that the people they had worked their whole lives for were kicking them to the street without a thought. So they destroyed the machines in protest.

        It’s not weird, it’s not just a trend, and it’s actually more in touch with the reality of employer-employee relations than the idea that these LLMs are ready for primetime.

    • JeffCraig@citizensgaming.com
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      Crypto is still incredibly healthy. Bitcoin has been stable at $30k.

      Is it still a big scam? Maybe. But what happened with FTX was just good ol corruption.

      Anyone with exposure to Crypto either already collapsed, or wound down their position, so there wasn’t a huge effect on markets. AI will be similar. Some VC will fail, but it’s not the same as the dotcom bubble. It won’t cause a recession

      OpenAI may fail if Microsoft doesn’t keep throwing money at it, but they already got what they want out of it. They’ll probably just end up acquiring the foundation and make money from the ways they’re implementing it in their products.

    • smooth_tea@lemmy.world
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      You can bitch about it all you want but the reality is that it actually works for a select group, the Amazons, Binances, etc. And that was always how it was going to be. The failures you point to are not a sign that these things don’t work, they were always going to be there, they are like the people during the gold rush who found diddly squat, that doesn’t mean there wasn’t any gold.

      Anyone who suggests that AI “will return to nothing” is a fool, and I don’t think you really believe it either.

      • Shadywack@lemmy.world
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        Crypto was and still is a scam, and everyone that’s said so has just been validated for it. People saying that AI is overstated right now are being called fools, and the people who are AI-washing everything and blathering about how it’s going to be the future are awfully defensive about it, so much so to resort to namecalling as opposed to substantiating it. As a consumer I hate ads anyway, so I’m indifferent to AI generated artwork for advertising, it’s all shit to me anyway.

        If my TV shows and movies are made formulaic by AI even moreso than they already are, I’ll just patron the ones that are more entertaining and less formulaic. I fail to see how AI revolutionizes the world though by automating things we could already live without though. The only argument for the AI-washing we have is to push toward AGI, that we’re clearly a very long ways off from still.

        This just all stinks of the VR craze that hit in 2016 with all the lofty promises of simulating any possible experience, and in the end we got some minor reduction on the screen-door-effect while strapping Facebook to our faces and soon some Apple apps. But hey we spent hundreds of billions on some pipe dreams and made some people rich enough to not give a shit about VR anymore.

  • Blackmist@feddit.uk
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    1 year ago

    Ah, the sudden realisation of all the VCs that they’ve tipped money into what is essentially a fancy version of predictive text.

    Alexa proudly informed me the other day that Ray Parker Jr is Caucasian. We ain’t in any danger of the singularity yet, boys.

    • Shadywack@lemmy.world
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      I couldn’t agree more. What they’re calling AI today exposes its issues pretty easily still, asking it to spell lollipop backwards for example. The usefulness of ChatGPT back in December was also considerably better than it is today. Companies are putting up more guardrails which the bots have to re-train to adapt to “being too honest” or mechanisms to prevent them being used for illicit purposes, that affect how useful they ultimately are, meaning we’re seeing hyperbole instead of substance.

      One AI startup was just hustling the AI washing saying stuff like “if a computer is a bicycle for the mind, AI is a jumbo jet for us all” and I had to laugh. It reminded me of all the talk around VR back in 2016.

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        1 year ago

        Pak’n’Save has an AI recipe generator, and for a while there was no sanity checking of the ingredients. I entered what I had on hand and it gave me this.

        • LegionEris@lemmy.world
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          This is actually profoundly advanced AI. It’s making depression memes. It took humans decades to get from the invention of memes to quality depression meme content like wet ennui sandwich.

        • MasterBlaster@lemmy.world
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          It looks like it figured out sarcasm. That’s pretty advanced cognition. Many humans can’t process sarcasm!

          Basically, I read this as, “if this is all you have, you’re in bad shape, bud. If you’re testing me, f**k you!”

    • gammasfor@sh.itjust.works
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      Yeah I was going to say VC throwing money at the newest fad isn’t anything new, in fact startups strive exploit the fuck out of it. No need to actually implement the fad tech, you just need to technobabble the magic words and a VC is like “here have 2 million dollars”.

      In our own company we half joked about calling a relatively simple decision flow in our back end an “AI system”.

    • whispering_depths@lemmy.world
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      crypto and nft have nothing to do with AI, though. Investing in AI properly is like investing in Apple in the early 90’s.

      ultimately it won’t matter because if we get AGI, which is the whole point of investing in AI, stocks will become worthless.

      • gammasfor@sh.itjust.works
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        They meant in the sense that crypto/nft was the last fad that VCs were throwing money at.

        It’s actually hilariously transparent how dumb VCs are and how much tech companies exploit that. Every now and then they randomly get hyped by some big tech company over some ‘new’ Y idea, then suddenly they throw money at any company suggesting they are doing Y thinking they will be the next Google or Meta. Then they inevitably doesn’t materialise and they move onto the next fad.

        Through the years I’ve been in the industry we’ve had Big Data, followed by AI, followed by Cloud, followed by blockchain, followed by nfts, followed by metaverse and now back to AI again. And the tech companies don’t even need to implement any of this they just have to find a way to spin what they are doing to make it sound like the fad is what they’re doing.

    • higgs@lemmy.world
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      NFTs yes but crypto is absolutely not a bubble. People are saying that for decades now and it hasn’t been truth. Yes there are shitcoins, just like shitstocks. But in general, it’s definitely not a bubble but an alternative investing method beside stocks, gold etc.

      • qwertyWarlord@lemmy.world
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        Crypto is 100% a bubble. It’s not an investment so much as a ponzi, sure you can dump money into it and maybe even make money, doesn’t mean it doesn’t collapse on a whim when someone else decides to dip out or the government shuts it down. Its value is exactly that of NFT’s because it’s basically identical, just a string of characters showing “ownership” of something intangible

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        The only way for someone to make money in crypto is for someone else to lose it.

        Crypto is a scam.

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    I think *LLMs to do everything is the bubble. AI isn’t going anywhere, we’ve just had a little peak of interest thanks to ChatGPT. Midjourney and the like aren’t going anywhere, but I’m sure we’ll all figure out that LLMs can’t really be trusted soon enough.

      • Lazz45@sh.itjust.works
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        I just want to make the distinction, that AI like this literally are black boxes. We (currently) have no ability to know why it chose the word it did for example. You train it, and under the hood you can’t actually read out the logic tree of why each word was chosen. That’s a major pitfall of AI development, its very hard to know how the AI arrived at a decision. You might know it’s right, or it’s wrong…but how did the AI decide this?

        At a very technical level we understand HOW it makes decisions, we do not actively understand every decision it makes (it’s simply beyond our ability currently, from what I know)

        example: https://theconversation.com/what-is-a-black-box-a-computer-scientist-explains-what-it-means-when-the-inner-workings-of-ais-are-hidden-203888

        • barsoap@lemm.ee
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          You train it, and under the hood you can’t actually read out the logic tree of why each word was chosen.

          Of course you can, you can look at every single activation and weight in the network. It’s tremendously hard to predict what the model will do, but once you have an output it’s quite easy to see how it came to be. How could it be bloody otherwise you calculated all that stuff to get the output, the only thing you have to do is to prune off the non-activated pathways. That kind of asymmetry is in the nature of all non-linear systems, a very similar thing applies to double pendulums: Once you observed it moving in a certain way it’s easy to say “oh yes the initial conditions must have looked like this”.

          What’s quite a bit harder to do for the likes of ChatGPT compared to double pendulums is to see where they possibly can swing. That’s due to LLMs having a fuckton more degrees of freedom than two.

          • BackupRainDancer@lemmy.world
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            I don’t disagree with anything you said but wanted to just weigh in on the more degrees of freedom.

            One major thing to consider is that unless we have 24/7 sensor recording with AI out in the real world and a continuous monitoring of sensor/equipment health, we’re not going to have the “real” data that the AI triggered on.

            Version and model updates will also likely continue to cause drift unless managed through some sort of central distribution service.

            Any large Corp will have this organization and review or are in the process of figuring it out. Small NFT/Crypto bros that jump to AI will not.

            IMO the space will either head towards larger AI ensembles that tries to understand where an exact rubric is applied vs more AGI human reasoning. Or we’ll have to rethink the nuances of our train test and how humans use language to interact with others vs understand the world (we all speak the same language as someone else but there’s still a ton of inefficiency)

      • yata@sh.itjust.works
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        The thing is a lot of people are not using for that. They think it is a living omniscient sci-fi computer who is capable of answering everything, just like they saw in the movies. Noone thought that about keyboard auto-suggestions.

        And with regards to people who aren’t very knowledgeable on the subject, it is difficult to blame them for thinking so, because that is how it is presented to them in a lot of news reports as well as adverts.

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          They think it is a living omniscient sci-fi computer who is capable of answering everything

          Oh that’s nothing new:

          On two occasions I have been asked [by members of Parliament], ‘Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?’ I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question.

          • Charles Babbage
      • Ragnell@kbin.social
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        @Reva “Hey, should we use this statistical model that imitates language to replace my helpdesk personnel?” is an ethical question because bosses don’t listen when you outright tell them that’s a stupid idea.

      • Freesoftwareenjoyer@lemmy.world
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        Yeah, it’s kinda scary to see how much people don’t understand modern technology. If some non-expert tells them AI can’t be trusted, they just believe it. I’ve noticed the same thing with cryptocurrencies. A non-expert says it’s a scam and people believe it even though it’s clear they don’t understand anything about that technology or what it’s made for.

  • headmetwall@lemmy.dbzer0.com
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    If it crashes hard I look forward to all the cheap server hardware that will be in the secondhand market in a few years. One I’m particularly excited about is the 4000 sff, single slot, 75w, 20GB, and ~3070 performance.

    • hark@lemmy.world
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      Especially all the graphics cards being bought up to run this stuff. Nvidia has been keeping prices way too high, egged on first by the blockchain hype stupidity and now this AI hype stupidity. I paid $230 for a high end graphics card in 2008 (8800 GT), $340 for a high end graphics card in 2017 (GTX 1070), and now it looks like if I want to get about the same level now, it’d be $1000 (RTX 4080).

      • uberrice@feddit.de
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        You can’t really compare an 8800gt to a 1070 to a 4080.

        8800gt was just another era, the 1070 is the 70 series from a time where they had the ti and the titan, and the 4080 is the top gpu other than the 4090.

        If you wanted to compare to the 10 series, a better match for the 4080 would be the 1080ti, which I own, and paid like 750 for back in 2017.

        Sure, they’re on the money grabbing train now, and the 4080 should realistically be around 20% cheaper - around 800 bucks, to be fair.

        Thing is though, if you just want gaming, a 4070 or 4060 is enough. They did gimp the VRAM though, which is not too great. If those cards came standard with 16gb of VRAM, they’d be all good.

        • hark@lemmy.world
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          An RTX 4070 is still $600, which is still way higher than what I paid for a GTX 1070, and the gimping of the VRAM is part of the problem. Either way, I’m fine with staying out of the market. If prices don’t regain some level of sanity, I’ll probably buy an old card years from now.

          • uberrice@feddit.de
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            Yeah, same here. My 1080ti still performs more than adequately enough.

            That’s also a thing about all this gpu pricing - things are starting just to become ‘enough’, without the need to upgrade like you did before.

            Same thing happened to phones, and then high end phones got expensive as fuck. I mean I had a Galaxy note 2 I bought for 400 bucks back in the day and that was already expensive.

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      I figured the gear they were using was orders of magnitude heftier than those cards. Stuff like the h100 cards that go for the price of a loaded SUV.

      • headmetwall@lemmy.dbzer0.com
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        They are, but training models is hard and inference (actually using them) is (relatively) cheap. If you make a a GPT-3 size model you don’t always need the full H100 with 80+ gb to run it when things like quantization show that you can get 99% of its performance at >1/4 the size.

        Thus NVIDIA selling this at 3k as an ‘AI’ card, even though it wont be as fast. If they need top speed for inference though, yea, H100 is still the way they would go.

      • hark@lemmy.world
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        That’s the thing, companies (especially startups) have seen the price difference and many have elected to buy up consumer-grade cards.

      • Baylahoo@sh.itjust.works
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        I’m not an expert just parroting info from Jayz2cents (YouTuber), but the big AI groups are using $10,000 cards for their stuff. Individuals or smaller companies are taking/going to take what’s left with GPUs to do their own development. This could mean another GPU shortage like the mining shortage andi would assume another bust would result in a flooded used market when it happens. Could be wrong, but he’s been correct pretty consistently with his predictions of other computer related stuff. Although, 10K is a little bit less than your fully loaded SUV example.

    • bill_1992@lemmy.world
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      That’s Silicon Valley’s MO. Just half a year ago, people were putting crypto BS in their products.