“The AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector, e.g. "pivot to video," crypto, blockchain, NFTs, AI, and now "super-intelligence." The topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters ("humans in the loop"), which won't work.“

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Yeah all of this is right. The enterprise user isn’t using AI enough to justify the valuation. So it’s smoke and mirrors phase now before it pops.

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Ah, I see you read Cory Doctorow, too.

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These moves toward absolute unsustainablility with pie in the sky ambitions of severing segments of their labor costs is lunacy, at least right now. AI isn't at a point of superintelligence, it's still largely algorithmic learning models that can hallucinate. It's not even realistically ready to replace search engines or digital media spaces. But the investments to implement and cut the workforce are in full swing while they simultaneously hyperinflate their valuations on 'emerging technology' for uninformed investors and continue to hemorrhage money because the models aren't tailored or effective enough to produce the results as quickly as they expect. Industry leaders are already showing signs of doubling back to regain footing after messy AI launches.

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Zuck strikes again!

You mean there’s a chance i get hired on as a junior soon?! :D

Wait! wHaT abOUt NfTs?????

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*checks email on vacation* *has a rejection from a job I didn’t even want*

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Well, we were the only team on a pitch. We won and still have to hear my boss complaining about me.

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🙋🏻‍♂️

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