The only thing they’re succeeding at doing is getting bazinga brained CEOs to sack half their staff in favour of exceptionally poor quality machine learning systems being pushed on people under the investment buzzphrase “AI”.
90% of these companies will disappear completely when the bubble bursts. All the “real practical usable” systems will disappear because there’s no market for them outside of convincing bazinga brained idiots with too much money to part with their cash.
The entire thing is not driven by any sustainable business models. None of these companies make profit. All of them will cease to exist when the bubble bursts and they can no longer sustain themselves on investment bazinga brains. The only sustainable business model I have seen that uses AI (machine learning) is the replacement of online moderation with it, which the social media companies reddit, facebook and tiktok among others are all actually paying a fortune for while laying off all human moderation. Ironically it has a roughly 50% error rate which is garbage and just allows fascist shit to run rampant online but hey ho I’ve almost given up entirely on the idea that fascism won’t take over the west.
Practical and usable? lol
The only thing they’re succeeding at doing is getting bazinga brained CEOs to sack half their staff in favour of exceptionally poor quality machine learning systems being pushed on people under the investment buzzphrase “AI”.
90% of these companies will disappear completely when the bubble bursts. All the “real practical usable” systems will disappear because there’s no market for them outside of convincing bazinga brained idiots with too much money to part with their cash.
The entire thing is not driven by any sustainable business models. None of these companies make profit. All of them will cease to exist when the bubble bursts and they can no longer sustain themselves on investment bazinga brains. The only sustainable business model I have seen that uses AI (machine learning) is the replacement of online moderation with it, which the social media companies reddit, facebook and tiktok among others are all actually paying a fortune for while laying off all human moderation. Ironically it has a roughly 50% error rate which is garbage and just allows fascist shit to run rampant online but hey ho I’ve almost given up entirely on the idea that fascism won’t take over the west.