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Reply to "Is there an AI Bubble due to unrealistic expectations and mindless capital allocation?"
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[quote=Anonymous][quote=Anonymous]It's just lke the dot-com bubble of early 2000s, but won't be as bad this time, as not so many companies are that heavy into AI. Typical of new technolgoies. They all fight to be market leader, and investors toss money at all of them hoping they have picked the winner. We use AI in our company. Cost per AI "unit" is 1/30th of what it was a year ago, due to technologoy moving so far. Huge efficiency gains in the early days of technology, as is typical.[/quote] Yeah but you aren't getting charged anywhere close to the actual cost of production, setting aside the societal costs from the ridiculous energy needs. The actual gains from using it have also been very hard to quantify or seem very minor. The error rate is just too high that you can't rely on it.[/quote]
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