So instead of bursting the bubble is slowly deflating?
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That's user rates, not the stock price
Bubble is build upon potential of the investment. It's unlikely that AI is near its invested potential which means declining usage might actually be an indicator that the bubble is about to pop. A few big investors think the potential has been reached and pull out and then it cascades into a crash.
Large companies (defined as having more than 250 employees) have reduced their AI usage, according to the data (click to expand the Tweet below). The slowdown started in June, when it was at roughly 13.5%, slipping to about 12% at the end of August.
Someone explain to me how I am to see this "rate" as - is it adoption rate or usage rate? IF it is adoption rate 13.5% of all large firms are using it? and it's declined to 12%? Or is it some sort of usage rate and if so, whatever the fuck is 12% usage?
It means 12% of those surveyed answered “yes” to the question “Are you using AI at your company?” (Note this is not the literal question from the survey, because I can’t be assed to dig up their methodology.)
It's stupidly written like AI.
Some decent news at least
oh the horror
The US Census Bureau keeps track of things like that? Huh... TIL
I mean the automatic speech recognition and transcription capabilities are quite useful. But that's about it, for me for now.
It could be interesting for frame interpolation in movies at some point maybe, I guess.
I dream of using it for the reliable classification of things. But I haven't seen it working reliably, yet.
For the creation of abstracts and as a dialog system for information retrieval it doesn't feel exact/correct / congruent enough to me.
Also: A working business plan to make money with actual AI services has yet to be found. Right now it is playing with a shiny new toy and the expectations and money of their investors. Right now they fail to deliver and the investors might get restless. Selling the business while it is still massively overrated, seems like the only way forward. But that's just my opinion.
I mean the automatic speech recognition and transcription capabilities are quite useful.
That's what LLM are made for; text stuff, not knowledge stuff.
That's what LLM are made for;
Hence the Name? :)
Western growth is predicated on bubbles.
That is good news, assuming numbers being reported by a US government agency are accurate, which is no longer a certainty.
Finally now decommission the slop.
Nature is healing
Time to short Google yet?
You might as well put your money on red at the casino.
Took them long.