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Tesla falls 10%, Alphabet sinks 5% as AI spending concerns spook investors (www.cnbc.com)
submitted 3 months ago by to c/technology@lemmy.world
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[+] -7 points 3 months ago (4 children)

that is the thing: it shouldnt need to pop if we did it right.

it would be amazing if AI was used practically for what its best at. and not shoe horned into the failure it currently is becoming.

and as a result its been vilified like plastic. so much potential to do good...so much misuse by fuckwits to make it a failure.

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  • [–] 3 points 3 months ago*

    You're mistaking the bubble for the technology itself. AI can be and is used to good things, but the bubble is about the bad stuff. The whole idea of a bubble like this is that we over inflated something too quickly and too much to a point where it isn't a good stable growth and the only way to stop that is for the bubble to burst. In modern-ish society there just won't be a letting out of "air" to stabilise the bubble, there won't even be a slowing of filling it until it bursts. When everything is about infinite growth and something new comes along we'll always jump on that pump and fill the bubble as rapidly as we can and completely ignore any long term plan and consequences, because money and power.

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  • [–] 9 points 3 months ago (2 children)

    No no he’s right. If it wasn’t used to surveil people, control narratives through manipulation, used as an excuse to reduce headcount, used as an excuse to commit war crimes, used as an excuse to steal computing from the masses, used to create false evidence, used as an excuse to discount any actual damning evidence, built upon the stolen collective works of all of humanity, and sucking up all the natural resources around it and replacing it with drought, noise, and pollution in order to brute-force power it because those who need it for all the above things need it NOW or else they won’t fucking get away with it

    Yeah it might be good.

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  • [–] 6 points 3 months ago* (1 child)

    exactly. it was misused. i thought i used that word correctly. whats happening

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  • [–] 6 points 3 months ago

    The issue is that the downsides are massive and the upsides pretty mid.

    Oh look, I can whip up a pretty generic website or utility from natural language. That's.... something I guess... The more... ambitious applications of CodeGen I've found to be "different" rather than "better", a different huge pain in the ass than the usual huge pain in the ass, and it's a matter of taste which one someone prefers, and I don't think the "All-in Agentic" flow actually is any faster when you get at this "pain in the ass" point.

    On the downside, well pretty much his whole post.

    Note that this specifically is the GenAI stuff, broader AI like machine vision is arguable more balanced (intrusive surveillance, but also useful for medical imaging, spotting wildfires early, stuff like that).

    So I guess the concern is that by saying "if not for all the bad, it could be pretty good" may be fine, but in practice is used to provide cover for a lot of the bad, because they would argue to not risk throwing out the baby with the bathwater.

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