There Is No AI Revolution
Soundtrack: Mack Glocky - Chasing Cars Last week, I spent a great deal of time and words framing the generative AI industry as a cynical con where OpenAI's Sam Altman and Anthropic's Dario Amodei have used a compliant media and braindead investors to frame unprofitable, unsustainable, environmental...
“[Generative AI] is the leaded gasoline of tech, where the boost to engine performance didn’t outweigh the horrific health impacts it inflicted.”
I love Ed so much.
bring back 00's google search that shit was smarter than any of these ais
Google Now and Google Inbox did stuff that’s beyond what can be achieved in AI in practice now. Both shut down due to being unprofitable XD
Aw I miss Google inbox 😢 time to put a flower on the google graveyard 🪦😋
Have you tried one of the google search alternatives?
Of course they can not compensate for the shithole the whole internet has become
The money in AI is going to be the wages of the people it replaces. Those tech billionaires call it a revolution because getting labor without wages is the promised land for cunt billionaires.
The AI revolution is here because that's what the owners want. If you think they'll wait until the AI is as good as humans to replace humans I'll point out that self-checkout already exists.
Thing is, it doesn't replace workers. And it won't for the foreseeable future. Even Microsoft itself had to admit that their studies show AI assisted coding to be bad and making developers worse.
There is hardly any market where these systems can reasonably compete with exploited humans. It's just that the tech bros have nothing left to invest in. The same idiots that pushed crypto, NFTs and the Metaverse are now pushing for AI. There is hardly any innovation anymore, so the only ways to make line go up are rent seeking and investing in bubbles in the desperate attempt, that something might stick.
It seems like we have a problem where there's too much money at the top of society that's trying to chase returns that can't exist because there's enough money at the bottom to buy products, so it just gets invested in bad ways. This will probably continue until they waste enough for their own money on bullshit that they no longer have it
The big problem here is that it's simply not reliable enough to replace a worker because you have to have the AI running unsupervised to actually replace anyone and it can't be done with the current technology and something that can actually replace workers is not coming in the next 5 years or so and I'm being generous.
OpenAI loses money on every single paying customer, just like with its free users. Increasing paid subscribers also, somehow, increases OpenAI's burn rate. This is not a real company.
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so are you telling me use it for bogus shit programatically en masse until they bleed dry?
Data centers and electrical companies will be new Rockefellers
It's almost as if the "aRtIfiCiAl iNtElLiGenCe" is as big a cult as blockchain is, isn't it?
And I already have the next bubble ready: https://youtu.be/wSHmygPQukQ
This is the thought I've had too. This stuff takes a ridiculous amount of energy and energy costs money. Ah but they're going to build big nuclear plants! But thos cost money to build and you have to pay nuclear engineers a lot of money to run them and buy the uranium... it's going to cost a lot of money.
They have to figure out how to get it to 1/1000 of the cost it currently is to make any money off of it. They'll need to cut so many corners that it probably not be much good at anything.
It'll probably just used for big "data driven" corporations to use to analyze our data to try to figure out how to sell products that barely anyone can afford.
Foot good or for bad there are smaller, less heavy LLMs than openai.
There could be an AI revolution. Send Elon and the rest of the billionaires into orbit, and they'll revolve around the Earth; they're all artificially intelligent, after all.
I'd prefer that revolution be a decaying orbit around the sun.
Is there an audio version other than TTS? I know Ed does podcasts but the newsletter isn't one of them.
His last couple of podcasts were basically his blog posts so it might be a matter of waiting a bit until it catches up.
Magnificent
Stellar read. So OpenAI et al keep going at the current rate, and there’s never any profit—when does it burst? How spectacular does it burst? Or will we simply have laid off a significant portion of the tech workforce and then it fizzles away?
Those GPUs to run the AI? Still cheaper than wages! And I've met plenty of people in my life that were far dumber than a small LLM.
No, they are not. Why do you think there's not a single AI company that's making a profit from an actual product/service? The only ones with a real business plan are nvidia and other shovel merchants.