Hipster Sasquatch: Barking some revolutionary change in programming, AI isn't actually going to get any better. It's still an algo that doesn't understand, is cooking the planet, is propped up by insane amounts of grossly-underpaid labor in developing nations, & produces results that can't be relied on at all.

Remember how the "retail theft crime wave" disappeared as soon as companies had to do their annual reports? That's because it's illegal to lie to shareholders. AI is booming (if you're a pleb) but if you have money - Goldman Sachs will be honest with you instead web.archive.org/web/20240629...

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There's a Small Problem With the AI Industry: It's Making Absolutely No Moneyfuturism.com AI is not making money for investors which may be connected to businesses having trouble adopting the technology.

web.archive.org

So the chips make sense in making money. As do the energy companies. I also understand cybersecurity making money as AI progresses. In addition, I foresee companies like IBM making some profit in consulting on how to use AI. AI is at the very beginning. It’s all going to take a while to sort out.

But they are not making money from the AI itself...it's like selling shovels for the promised gold rush

Right. Like investing in a future that may not happen.

Barking some revolutionary change in programming, AI isn't actually going to get any better. It's still an algo that doesn't understand, is cooking the planet, is propped up by insane amounts of grossly-underpaid labor in developing nations, & produces results that can't be relied on at all.

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