This snippet summarizes my AI forced into everything experience, especially when I was prompted to have my text message summarized. I said no, and the message was "Ok"

What text messages are being sent that need to be summarized?

which mostly means that Apple aggressively introduced people to the features of generative AI by force, and it turns out that people don't really want to summarize documents, write emails, or make "custom emoji," and anyone who thinks they would is a fucking alien.

Great analysis. I still have no idea how they think they will ever make their money back.

Transatlantic telegraph, I think, was very expensive, or Panama channel projects. Before they were finished to any useful degree.

In this particular case - I don't think it's more expensive than Soviet attempts at turning Kazakh steppe into agricultural land, let alone all the space and defense projects.

It's an ideology-driven effort all right - an idea that you can create an inherently totalitarian technology. Probably caused by the popular (in the 90s and early 00s) belief that the Internet is inherently anti-totalitarian, so there's a need to compensate. Both are wrong.

You mean when the bubble bursts and there are lots of people who worked on this available on the job market?

I'd expect them to be big data specialists, mostly knowledgeable in Python and matrix operations, narrow optimizations needed there, and not very competitive for other typical tech specialties.

They'll just have to become data analysts, assistants in labs working on things like genome analysis, and so on. Perhaps medical RnD will get a boost due to all the willing slaves, LOL.

And I haven't touched any of it.

Kinda hard to touch bits

That just shows that some parts of the economy have far too much money. And it's all going to nvidia

What? I touch mine all the time!

I think there was an inherent demand behind those examples though. Just the number of lives lost looking for the northwest passage showed how useful the Panama canal would be.

You're also comparing government spending in a lot of those cases Vs private capital. That fact shows how much power has shifted in the world already.

Anyone remember the dot-com bubble?

It’s the most inefficient technology but praised as the most efficient because it simply runs on investor money. But that well will run dry eventually and who will bear the cost then? Consumers without jobs?

I'm honestly hoping for a repeat. Hopefully Microsoft goes down this time too, since they're heavily into AI. Twitter, Meta, Google and Amazon too. It's really just the worst of the worst.

Ironically, Apple has some of the best odds of coming out of this reasonably healthy. “Apple Intelligence” follows the trend of most Apple services products, in that it is really intended to lock people into their ecosystem and keep buying iPhones. I’m just waiting for someone in the big 7 or whatever they’re called to publicly bow out of AI. I suspect the first one to do it might benefit a lot.

They remember it too. It's why they try to keep the bubble going by jumping to the next shiny investor lure. Just a few years it was all deep learning, blockchain and NFT. One guess is that they'll go for humanoid robots next.

Chatgpt, what is sunken cost fallacy and why are rich people so profoundly stupid?

This comment is underrated.

Make the internet 'net' again.

Suck it berg produced a platform for spreading hate snd constant relationship drama. Nothing he produces is good or helpful. He jumped on the Trump bandwagon like a little bitch the second he could. He's a real piece of work.

Why such wealth got into his hands is sick. It could be used for some real good if it went to someone with some compassion. At least Gates is trying to save his soul.

I disagree a bit. Any money the ultra-rich invest into research is better spent than on their next Mega-Yacht. Even if AI cannot meet the expectations of AGI etc.

At least they‘ve wasted their money for research of what doesn‘t work instead of just building silly products as for the .com bubble.

Humanity will gain insights to the kind of AI approaches that won‘t work much faster than without all the money. It‘s just an allocation of human efforts

Do so please, dump some more money! No need to make jobs, but destroy them from AI.

Not really. None of what has been going on with transformer models has been anything but hyper scaling. It's not really making fundamental advances in technology it's that they decided what they had at the scale they had makes convincing enough demos that the scam could start.