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The air begins to leak out of the overinflated AI bubble
(www.latimes.com)
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this post was submitted on 06 Sep 2024
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Argh, after 25 years in tech I am surprised this keeps surprising you.
We’ve crested for sure. AI isn’t going to solve everything. AI stock will fall. Investor pressure to put AI into everything will subside.
The we will start looking at AI as a cost benefit analysis. We will start applying it where it makes sense. Things will get optimised. Real profit and long term change will happen over 5-10 years. And afterwards, the utter magical will seem mundane while everyone is chasing the next hype cycle.
Truth. I would say the actual time scales will be longer, but this is the harsh, soul-crushing reality that will make all the kids and mentally disturbed cultists on r/singularity scream in pain and throw stones at you. They're literally planning for what they're going to do once ASI changes the world to a star-trek, post-scarcity civilization... in five years. I wish I was kidding.