This is a most excellent place for technology news and articles.
Man, I cannot wait for the comedy movies that come out based on this farce, explaining exactly how these jokers lost all their money.
The best comedies will be made by them... like the NFT cartoon that was made using the bored ape pictures that was so bad that even the biggest advocates of NFTs had no idea what the hell they were doing.
Unless someone bails them out.
Who's going to do that? Everyone with any money is already leveraged up to the eyeballs in this shit.
So you're saying they're too big to fail?
Oh, we'll see about that.
The key difference between tech giants and the banks, is the tech giants aren't holding everyone's money hostage.
Sure, those gen Z kids will lose all their photos of grandma because they couldn't fathom a world without Instagram, but we'll cope.
Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth
Let me rephrase:
"Smart" entitled person says our product is not showing value, so we need to force people to use it more than we already are after years of cramming it down their throats.
Oh no! Anyway...
Don't force feed us vegetable pablum. Give us that sweet mashed banana! We want what we want, not what you want.
AI is not a bad thing, but it's way more niche compared to what was promised. There's certainly way less demand for it than these big investors want people to believe.
So they‘re finally reaching the „we could fail…“ stage of the hype cycle. This is great news, actually. The sooner this charade ends the lesser destructive it will be. Even when it already caused devastating damage to society.
Microslop chief Satya Nadella warns
No, the AI boom will falter one way or another. Free open source models will out perform proprietary models by the end of this year. The amount of money that customers will actually pay for AI services is much lower than expected. It really is similar to the dotcom bubble and how briefly people thought domain names were going to be insanely valuable.
It's nice to wake up to good news.
If nobody is using your product then you made a shit product and should scrap it before you lose any more money.
Follow me for more business tips.
but what about FORCING everyone to use the product whether they want to use it or not? I heard that if you're powerful enough there's no need to ask permission, "they let you do it."
“Ponzi scheme could falter without wider adoption, warns early Ponzi scheme investor”
Message received
If people aren't adopting it, it's not a boom.
It's an investment boom.
“For this not to be a bubble by definition, it requires that the benefits of this are much more evenly spread,”
I would correct that to say 'for this to not be a bubble by definition, it requires that the benefits of this a. Exist and b. Are significant enough to justify the extreme costs of building these systems'
Right now I don't see anything coming out of this that justifies even 1/10 of the $trillions being poured into AI.
In fact I think you could make an argument that the net result is negative, even for businesses that adopt it, due to the increased prices they will pay for hardware over the next few years. If it makes your employees 5% more efficient great, if it makes your technology 50% more expensive in return, not so great.
I'm not an AI hater but make literally one functioning AI product bro before you say that
Sounds like a you problem
It becomes an everybody problem when we can't buy memory chips
Or storage drives
Maybe if the companies that secured dibs on the chips crash and have to fold, those chips will end up on the consumer market after all
Yay, a bunch of used gear. Hold me back.
Use what you already have.
As this asshole and his asshole company tries to force adoption via shoving it down Windows 11 users without consent.
Reminder that now is a great time to switch to Linux desktop.
Now is a great time to lobby the companies you work for to get them to dump Windows and switch everything to Unix/FOSS/etc wherever possible.
Is it a "you're holding it wrong" moment? Or a "no, it's the consumers who are wrong" moment?
If that's not a sign the bubble is about to pop, I dont know what is...
Don't threaten me with a good time
Too late. I ditched Mircoslop for good.
Let's not adopt! Move away from MicroSlop Minimise use of AI services aka data theft.
Good.
Don't threaten me with a good time
As soon as we get AI toilet paper, then we'll finally start making a profit!
Oh, that would be a shame. Not like I was already planning on buying a new computer this year and the idea of over-paying due to RAM shortages and other bs has made me mad at them. After already being mad at them for a lot of reasons that were more abstract in how they harmed me. Fuck 'em.
Hey, you know that Microsoft guy in a high position who pissed off devs on Twitter by saying their code would be replaced by AI and then a lot of the internet called him on his shit? Maybe I can work for him (because I'm certainly not talented enough to get hired directly under ass-face here).
"This totally amazing new product that everyone will definitely want might turn into a total failure if everyone doesn't actually want it. Clearly, this is your fault for not wanting it hard enough, and not our fault for shoving a totally unwanted product down everyone's throats."
Cry more. Half the problem is Copilot is anecdotally worse than just running a model locally myself. It easily ranks at or near the bottom for everything IME.
The other half is Microsoft shoving it everywhere including fucking Notepad.
Good, best time to curb its use.
I'm not sure what Nutella wants to accomplish with with his constant "warning", because nobody cares. Apart from his billionaire buddies maybe.
How would this be bad for me?
Good?
