There is a machine learning bubble, but the technology is here to stay. Once the bubble pops, the world will be changed by machine learning. But it will probably be crappier, not better.
What will happen to AI is boring old capitalism. Its staying power will come in the form of replacing competent, expensive humans with crappy, cheap robots.
AI is defined by aggressive capitalism. The hype bubble has been engineered by investors and capitalists dumping money into it, and the returns they expect on that investment are going to come out of your pocket. The singularity is not coming, but the most realistic promises of AI are going to make the world worse. The AI revolution is here, and I don’t really like it.
Simple example: A lot of artists would like that their images aren’t used for AI training and would like to have legislation to prevent that. Problem with that is that such legislation would grand a monopoly on AI to the Google’s, Facebook’s and Adobe’s of this world, as they are already sitting on mountains of data and have ToS that allows them to use it for training. Any Open Source project that doesn’t have the data and would need to web scraping would be illegal.
That’s the issue. A lot of criticism on AI is extremely short sighted and ignorant, often not even understanding the very basics how it all works.
Another more fundamental problem: What are you going to do? AI is just a collection of algorithms and math. Do you want to outlaw math? Force humans to use less efficient tools? Technological progress is not something you can easily control, especially not in advance when you don’t even know what changes it will bring.
We did and nothing ever came of it. Projects like https://freenet.org/ or https://freedombox.org/ have been around for a decade or two. But the masses want convinience.
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