AI is in a hype bubble that will crash just like every other bubble. The underlying uses are there but just like Dot Com, Tulips, subprime mortgages, and even Sir Isaac Newton's failings with the South Sea Company the financial side will fall.
This will cause bankruptcies and huge job losses. The argument for and against AI doesn't really matter in the end, because the finances don't make a lick of sense.
Ok sure the bubble/non-bubble stuff, fine, but in terms of “things I’d like to be a part of” it’s hard to imagine a more transformative technology (not to again turn off the anti-hype crowd). But ok, say it’s 1997, you don’t like the valuations you see. But as a tech person you’re not excited by browsers, the internet, the possibilities? You don’t want to be a part of that even if it means a bubble pops? I also hear a lot of people argue “finances don’t make a lick of sense” but i don’t think things are that cut and dried and I don’t see this as obvious. I don’t think really many people know how things will evolve and what size a market correction or bubble would have.
What precisely about AI is transformative, compared to the internet? E-mail replaced so much of faxing, phoning and physical mail. Online shopping replaced going to stores and hoping they have what you want, and hoping it is in stock, and hoping it is a good price. It replaced travel agents to a significant degree and reoriented many industries. It was the vehicle that killed CDs and physical media in general.
With AI I can... generate slop. Sometimes that is helpful, but it isn't yet at the point where it's replacing anything for me aside from making google searches take a bit less time on things that I don't need a definitive answer for.
It's popping up in my music streams now and then, and I generally hate it. Mushy-mouthed fake vocals over fake instruments. It pops up online and aside from the occasional meme I hate it there too. It pops up all over blogs and emails and I profoundly hate it there, given that it encourages the actual author to silence themselves and replaces their thoughts with bland drivel.
Every single software product I use begs me to use their AI integration, and instead of "no" I'm given the option of "not now", despite me not needing it, and so I'm constantly being pestered about it by something.
> With AI I can... generate slop. Sometimes that is helpful, but it isn't yet at the point where it's replacing anything for me aside from making google searches take a bit less time on things that I don't need a definitive answer for.
I think this is probably the disconnect, this seems so wildly different from my experience. Not only that, I’ll grant that there are a ton of limitations still but surely you’d concede that there has been an incredible amount of progress in a very short time? Like I can’t imagine someone who sits down with Claude like I do and gets up and says “this is crap and a fad and won’t go anywhere”.
As for generated content, I again agree with you and you’d be surprised to learn that _execs_ agree with you but look at models from 1, 2, 3 years ago and tell me you don’t see a frightening progression of quality. If you want to say “I’ll believe it when I see it” that’s fine but my god just look at the trajectory.
For AI slop text, once again agree, once again I think we all have to figure out how to use it, but it is great for e.g. helping me rewrite a wordy message quickly, making a paper or a doc more readable, combining my notes into something polished, etc, and it’s getting better and better and better.
So I disagree it has made everything worse but I definitely agree that it has made a lot of things worse and we have a lot of Pets.com ideas that are totally not viable today, but the point I think people are maybe missing (?) is that it’s not about where we are it’s about the velocity and the future. You may be terrified and nauseated by $1T in capex on AI infra, fine but what that tells you is the scale is going to grow even further _in addition_ to the methodological / algorithmic improvements to tackle things like continual learning, robustness, higher quality multimodal generation with e.g. true narrative consistency, etc etc etc. in 5 years I don’t think many people will think of “slop” so negatively
Where you see exponential growth in capability and value, I see the early stages of logarithmic growth.
A similar thing played out a bit with IoT and voice controlled systems like Alexa. They've got their places, but nobody needs or wants the Amazon Dash buttons, or for Alexa to do your shopping for you.
Setting an alarm or adding a note to a list is fine, remote monitoring is fine, but when it comes to things that really matter like spending money autonomously, it completely falls flat.
Long story short, I see a fad that will fall into the background of what people actually do, rather than becoming the medium that they do it by.
This will cause bankruptcies and huge job losses. The argument for and against AI doesn't really matter in the end, because the finances don't make a lick of sense.