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.

  • CobblerScholar@lemmy.world
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    2 years ago

    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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      2 years ago

      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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        2 years ago

        @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.

        • SCB@lemmy.world
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          2 years ago

          Luddites were wrong and progress happened despite them.

          I’m not really concerned about jobs disappearing. Get a different job. I’m on my 4th radically different job of my career so far. The world changes and demanding it should not because you don’t want to change makes you the ideological equal of a conservative arguing about traditional family values.

          Meanwhile I’ll be over here using things like Synthesia instead of hiring an entry level ID.

          • Ragnell@kbin.social
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            2 years ago

            @SCB The Luddites gave way to Unions, which yes were more effective and gave us a LOT of good things like the 8 hour work week, weekends, and vacations. Technology alone did not give us that. Technology applied as bosses and barons wanted did not give us that. Collective action did that. And collective action has evolved along a timeline that INCLUDES sabotaging technology.

            Things like the SAGAFTRA/WGA strike are what’s going to get us good results from the adoption of AI. Until then, the AI is just a tool in the hands of the rich to control labor.

            • SCB@lemmy.world
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              2 years ago

              How is this at all on topic?

              Yeah man unions are cool. That’s irrelevant to this discussion.

      • Freesoftwareenjoyer@lemmy.world
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        2 years ago

        I think the problem is education. People don’t understand modern technology and schools teach them skills that make them easily replaceable by programs. If they don’t learn new skills or learn to use AI to their advantage, they will be replaced. And why shouldn’t they be?

        Even if there is some kind of AI bubble, this technology has already changed the world and it will not disappear.

          • Freesoftwareenjoyer@lemmy.world
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            2 years ago

            Anyone can use AI to write a simple program, make art or maybe edit photos. Those things used to be something that only certain groups of people could do and required some training. They were also unique to humans. Now computers can do those things too. In a very limited way, but still.

            • Ragnell@kbin.social
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              2 years ago

              @Freesoftwareenjoyer Anyone could create art before. Anyone could edit photos. And with practice, they could become good. Artists aren’t some special class of people born to draw, they are people who have honed their skills.

              And for people who didn’t want to hone their skills, they could pay for art. You could argue that’s a change but AI is not gonna be free forever, and you’ll probably end up paying in the near future to generate that art. Which, be honest, is VERY different from “making art.” You input a direction and something else made it, which isn’t that different from just getting a friend to draw it.

              • Freesoftwareenjoyer@lemmy.world
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                2 years ago

                Yes, after at least a few months of practice people were able to create simple art. Now they can generate it in minutes.

                And for people who didn’t want to hone their skills, they could pay for art. You could argue that’s a change but AI is not gonna be free forever, and you’ll probably end up paying in the near future to generate that art.

                If you wanted a specific piece of art that doesn’t exist yet, you would have to hire someone to do it. I don’t know if AI will always be free to use. But not all apps are commercial. Most software that I use doesn’t cost any money. The GNU/Linux operating system, the web browser… actually other than games I don’t think I use any commercial software at all.

                You input a direction and something else made it, which isn’t that different from just getting a friend to draw it.

                After a picture is generated, you can tell the AI to change specific details. Knowing what exactly to say to the AI requires some skill though - that’s called prompt engineering.

    • smooth_tea@lemmy.world
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      2 years ago

      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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        2 years ago

        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.