Newsletter: Goldman Sachs has called BS on Generative AI, and I believe that it's time that everybody follows suit - generative AI is unreliable, unsustainable, requires an entire rebuild of America's power grid, and is most decidedly not the future.
www.wheresyoured.at/pop-culture/
that's how i feel about insurance companies in florida reacting to climate change. these sorts of places will not fuck around with the facts when that much money is on the line.
Gotta love all the frantic directives to adopt AI, and thus be on the cutting edge of innovation, when the actual cutting edge of innovation is calling b/s and getting away from AI as fast as your private jet can fly.
I've been honestly wondering (without putting in the effort) over the past couple months if there's a mutual fund or something simultaneously investing in the companies least exposed to ai vaporware while shorting those going all in on it.
Please, pretty please, let this be widespread before my employer makes me add a plagiarism engine to our website. Please, universe, you owe me this much in this shitty year.
Huh. Maybe throwing hundreds of thousands of dollars at 22 year old fraternity presidents produces better results than what the tech industry does to find its brains.
To quote Michael Burry, “What I think you mean is Goldman Sachs has acquired a net short position & is ready to accurately mark these assets because it’s now in their fiscal interest to do so.”
