Technology

"AI" seems to be best put to use performing specific automated tasks. This is something a lot of us have been saying for a while now, but they tried to make what is essentially an industrial tool (as in boutique AI for specific industries), into both slide deck candy for enterprise C-suites, and an expensive consumer plaything. Enterprise customers demand real results for their money, and consumers do not care about the novelty of generative AI enough to recoup the costs of this insane level of infrastructure development. Add what is essentially shaping up to be runaway inflation, and well, yeah. No one cares about this shit.

They came at it like this because they are Silicon Valley and for the better part of 3 decades now, they have operated under the assumption that they are always right, and that if they can survive running on a loss at first, eventually they will acheive market dominance and monopolize their product. I just don't see it happening. I see this more like the early dot com days. A lot of investment, and a lot of failures. But eventually, for better or worse, a few of them figured out how to make it work. This time around however, capitalism itself is failing.