cross-posted from: https://lemmy.ca/post/68987038
What, investors are beginning to think that maybe AI is more hype than substance? A really expensive way of doing not much of anything?
Didn’t this also happen with the dot.com meltdown? A few good ways to productively use it, a lot of ways to wastefully use it.
You would think they would have learned.
The truth is, AI should not stand for Artificial Intelligence, it is in reality Algorithmic Intelligence. Same computer processing, except that it is thousands of computers in a single chip all processing the data at the same time, with each computer doing the same math (a*b+c) but each simultaneous computation uses different input numbers. Great for doing massive simultaneous calculations, but certainly not ‘revolutionary’. Instead of one computer doing one program taking a thousand cycles, a thousand computers doing the same program taking one cycle. What IS revolutionary are the algorithms that are being developed, and the applications these massive calculator arrays are being used for. Some will bear fruit, most will not.
Let’s take a ‘for example’.
Weather predictions for the next day. You start with a given set of data, then run your predictive algorithm a thousand times, each with a slightly different set of possible future data points. One of them is probably the most accurate. The problem is to decide which one. The second problem is that it takes a week to do all the thousand runs. You can have a 95% accurate prediction in one week for what the weather is going to be tomorrow. See the problem?
But with the newest AI chips, you can do the thousand different scenarios at the same time. Also, you can calculate a probability for each scenario at the same time. The scenario with the highest probability is the most likely. Then you check the actual weather, feed it back to the system, and it gets better at calculating the probabilities for the correct scenario. You get tomorrows weather today, and the system gets better and better at calculating the probabilities. This is a useful application.
Second condition. In a lottery, you can use this same server to predict all of the potential combinations of numbers, before the next draw. Except that the probability of any one combination being drawn is, well, still equal. There is just no way the system can get better at selecting the correct random number. The selection of which combination to use is still random, from equal probabilities. You can calculate what all the potential outcomes can be, but this tells you nothing if they are all equally likely. So it tells you nothing. A completely wasteful application.
Yet there are far more companies trying to use ‘AI’ to do the second condition than for the first condition. After investing a fortune in hardware, they still have the same accuracy in decision making as before.
have investors been in a coma since 23, every sign points to it not earning a profit 1 bit.
OpenAI created a model so intelligent that it totally escaped its sandbox and hacked another AI company. Sam Altman said so. What more proof do you need?
/s
Also, the company they hacked, another AI company, also confirms that they totally got hacked. More proof! Also, very coincidentally, another AI from Meta, which really really wants to be a total AI company too, also has hacked someone else. Not sure someone else confirmed that and if that someone else is an AI company too, but the proof is on the paper!!!
Edit: Also I forgot to mention that they are of course all really good friends, which is totally the reason no one is getting sued after their very real and totally crazy AI hacking.
Companies boasting about committing felonies and trying to charge companies to run the uncontrollable super-hacking machines on their systems has got to be one of the stupidest marketing attempts ever.
Is it stupid if it works?
Also the supposed AI regulator which is also an AI company said its AI got out and hacked someone and all they had to do was tell it to do that and open all the doors!.
Sounds like the bubble is about to pop.
🫧
You would think they would have learned.
They’ve learned that if you bet on the right one you get to hold shares of the next big monopoly in town and missing out on that deal would be stupid. They’ve also learned government lets you fall upward.
It’s not the lessons you’d prefer they learned tho.
Artificial Intelligence, it is in reality Algorithmic Intelligence
Always has been. A checkers program from the sixties is also AI. You could also say it’s an Aspect of Intelligence. That’s also why there is the term Artificial General Intelligence as a hypothetical subset of AI.
Just have AI write the report that says AI is profitable. The people who want it to be are probably already accustomed to AI telling them whatever they want to hear, so they’ll probably believe it, and the AI will fawn over them for being such smart investors 🙄
