Are AI doomers wrong?
>>107991527Good is upDollar is crashingCompanies are admitting AI is garbage left and right.War soonZoomers gonna die for Israel.Bubble is here
It's not popping because AI gives a politically correct excuse to fire women and BS jobs from the market.AI companies may be losing billions of dollars and fabricating trillions in the stock exchange but its also increasing trillions in revenue for American corporations by cost cutting
>>107991527of course they're wrong, there isn't any bubble but the opposite, anybody with above room temp IQ can see that we're on the cusp of a golden age for the right people.AI revealed for all to see who the real leeches in our society are, and unfortunately for them they won't be able to DEI their way out of this one.
ask /biz/, they're more likely to have their fingers on the pulse of this one
Because we're still in it.
>>107991527>Why isnt the AI bubble imploding?yeah remember when the .com bubble le popped and made the internet disappear forever? oh wait
>>107991527there will be no implosion, there will be consolidation.there are too many AI companies making no money.some of them will fail eventually and be swallowed by other companies.as soon as the competition decreases they will jack up prices and become profitable.I don't even think text generation (which includes code) is that hard to make profitable.it's probably image and video generation that waste most of the resources.
>>107991527They are wrong. There’s no bubble and ai is here to stay and replace you
>>107992200What kind of retarded take is this? The bubble popped because anyone trying to do business on the Internet was suddenly valued at billions despite generating no revenue, the Internet itself wasn't the problem.AI doesn't generate profits but costs a fortune to operate, AI companies are burning through cash at insane rates.AI probably won't disappear, but the current business model is unsustainable and AGI that replaces every worker isn't happening.
>>107992213how do you make AI profitable? B2B is failing spectacularly and B2C is going even worse. No one apart from Nvidia/AMD/Intel/ are realistically seeing any profits from this so far
>>107992290>AI doesn't generate profits but costs a fortune to operateit costs very little to operate compared to what it can do. the expensive part is training it, but after its trained you can replicate it times a billion for free.>AGI that replaces every worker isn't happeningwont replace every single worker too soon but it already basically replaced many simpler online jobs completely and the need for junior coders, hard requirement for needing to pay artists to get an image of anything etc
>>107992335so long as no further information is shared or updated, then your trained model will last foreverI'm not sure we as a species are prepared to make that concession
1. Bubbles take time to pop.2. Elites view AI as a new mechanism for rent seeking and social control. They really want it to work. Some may also be true believers in AGI etc, I don't know.3. There is intense political pressure to prevent economic collapse at least until the midterms.4. Money printing means people want to buy assets. There is additionally shadow printing from $USDT etc.5. Related to 4: dollar devaluation aka high real inflation means that asset prices denominated in $USD do not necessarily reflect their real value.6. Many index funds are market cap weighted. Combined with inflation this means that the top stocks keep getting a pump even while the true value of the economy stagnates.7. Although AI's utility is overblown, many normies and retards are addicted to it and genuinely believe it can replace codemonkeys etc. This doesn't objectively prove its value but contributes to the continued positive sentiment.Just some possible factors, you may disagree with them and I may have explained some of them poorly. The whole thing is too complicated for me.
>>107992358This is a good rundown
>>107991527>make AI system that’s integrated into our API at work >system does a substantial percentage of non-writing work on the shift>things are good>decide fuck it>give my body of report work to Claude>it does 90% of my reports perfectly with a single sentence of context>I usually just cut out its shit and it looks better than what most of my colleagues write>no longer doing much of anythingAI created such significant value in my workplace that I’m the most productive worker via its stealthy use.You underestimate how stupid the average person is and thus underestimate the usefulness of AI
It's not very good for the general use of the average person.
>>107991527It's happening on a micro-level. People are getting bored of the AI gimmick. The only people truly into it at this point are tech hobbyist nerds with local machines making very questionable AI porn and investors who are still convinced it will be the next 'thing'.
Its pretty good with text based natural language tasks. I use it to auto fill out forms in a customer intake pipeline at work (ie customer emails some shit to us, the pipeline pulls the important stuff and autofills out the internal forms we use, then passes to a human to double check.). Its often a lot less fragile than complicated regex patterns and easier to maintain. Its definitely useful, but its abilities are massively over hyped. The bubble popping will be many non-name and a few big name companies going bust, with the market and expectations shrinking to a smaller scale. LLMs in particular will be niche tools and replace search engines for the most part. They're quite good at analysing errors, but the code it writes is often shitty. This might get better, but I really dont think it will replace engineers, not for a decade at least.>t.Data Scientist who has been employed since the "big data" days that preceded the AI boom
People began realizing that the AI slop was no worse than the human made slop they were accustomed to.
>>107992544It is worse though, AI work slop looks good on the surface but ultimately wastes more time fixing.
My theory is that despite AI providers hemorrhaging money, and AI still being nowhere near AGI, we're still seeing tangible improvements every day. So investors are still holding onto the hope that it will one day become a money fountain.
>>107991527AI spending is the only thing stopping us from going into a recession. The government is doing everything they can to stop that bubble from popping just yet
