Im on the fence, although I want it to burst, I also think AI has enough use cases for it not to be a bubble. It’s just that all those use cases are evil, hence why I fear it might not burst.
I agree it has some value, but the problem is that value doesn’t seem to align with the cost of Western AI.
If you look at what Altman said about how much OpenAI was losing despite charging an arm and a leg for its premium subscription, no one will pay for that for low value items such as transcription or scaffolding code.
Unless it can actually replace high value jobs long term rather than short term pretend replace as with Klarana then its doomed with the current models.
Im on the fence, although I want it to burst, I also think AI has enough use cases for it not to be a bubble. It’s just that all those use cases are evil, hence why I fear it might not burst.
I agree it has some value, but the problem is that value doesn’t seem to align with the cost of Western AI.
If you look at what Altman said about how much OpenAI was losing despite charging an arm and a leg for its premium subscription, no one will pay for that for low value items such as transcription or scaffolding code.
Unless it can actually replace high value jobs long term rather than short term pretend replace as with Klarana then its doomed with the current models.
AI has been a net-negative for society.
So we have firearms but they seem to sell pretty well.
It doesn’t have to be nice to make it not a bubble.