I love the detail that she put "+ AI" on both sides of the equation so that it's still technically correct regardless of what the AI stands for.
Sometimes it helps solve an equation by adding zero.
my funding = 0
= -100M + 100M
= (the money I'll never made back to the investors) + (the shit I'll blow on AC and top gaming computers and stuff)
I’m old enough to have gone through a number of these technology bubbles, so much so that I haven’t paid much attention to them for a fair while. This AI bs feels a bit different, though. It seems to me that lots more people have completely lost their minds this time.
Like all bubbles, this too will end up in the same rubbish heap.
That's because there's a non zero amount of actually functionality. Chatgpt does some useful stuff for normal people. It's accessible.
Contrast that to crypto, which was only accessible to tech folks and barely useful, or NFT which had no use at all.
Ok, I guess to be fair, the purpose of NFT was to separate chumps from their money, and it was quite good at that.
Possibly through ignorance or misunderstanding, btu I still think the tech behind NFTs may have some function, but it's certainly not the weird pictures of badly colored in monkeys speculation market that happened there.
It could potentially work for DRM, in that you can have a key assigned to an identity that can later be transferred and not be dependent on a particular marketplace.
For example, you could buy a copy of whatever next year's Call of Duty game will be, and have the key added to your NFT wallet. Then you could play it on XBox, Playstation, Steam, or GOG with that single license.
Of course that will never happen because that'd be more consumer friendly than we have now.
Basically functioning as a digital proof of purchase.
There are pretty great applications in medicine. AI is an umbrella term that includes working with LLMs, image processing, pattern recognition and other stuff. There are fields where AI is a blessing. The problem is, as JohnSmith mentioned, it's the "solar battery" of the current day. At one point they had to make and/or advertise everything with solar batteries, even stuff that was better off with... batteries. Or the good ol' plug. Hopefully, it will settle down in a few year's time and they will focus on areas where it is more successful. They just need to find out which areas those are.
Can't believe I'm doing this... but here I go, actually defending cryptocurrency/blockchain :
... so yes there are some functionalities to AI. In fact I don't think anybody is saying 100% of it is BS and a scam, rather... just 99.99% of the marketing claims during the last decade ARE overhyped if not plain false. One could say the same for crypto/blockchain, namely that SQLite or a random DB or is enough for most people BUT there are SOME cases where it might actually be somehow useful, ideally not hijacked by "entrepreneurs" (namely VC tools) who only care about making money but not what the technology could actually bring.
Now anyway both AI & crypto use an inconceivable amount of resources (energy, water, GPU and dedicated hardware, real estimate, R&D top talent, human resources for dataset annotation including very VERY gruesome ones, etc) so yes even if in 0.01% they are actually useful one still must ask, is it worth it? Is it OK to burn literally tons of CO2eq ... to generate an image that one could have done quite easily another way? Summarize a text?
IMHO both AI & crypto are not entirely useless in theory yet in practice have been :
- hijacked by VCs and grifters or all kinds,
- abused by pretty terrible people, including scammers and spammers,
- absolutely underestimated in terms of resource consumption and thus ecological and societal impact
So... sure, go generate some "stuff" if you want to but please be mindful of what it genuinely costs.
Because AI is mostly built for tech outsiders. They literally thought that digital art, composing music on the computer, programming, etc. was literally telling the computer what to do. I remember around 2015 someone asking where they can choose art-styles in Photoshop, and what to tell the PC to draw something. Even I as a child thought that you just had to type "please draw me a car" into the Commodore 64 to draw you a car, without all the pixel-art.
I tend to call these "normie tech". Tech that is built for non-enthusiasts, which have negative consequences to the others, and even fool the some enthusiasts into worshipping them. If only I foresaw the dangers of overtly centralized social media...
it's maybe because chatbots incorporate, accidentally or not, elements of what makes gambling addiction work on humans https://pivot-to-ai.com/2025/06/05/generative-ai-runs-on-gambling-addiction-just-one-more-prompt-bro/
the gist:
There’s a book on this — Hooked: How to Build Habit-Forming Products by Nir Eyal, from 2014. This is the how-to on getting people addicted to your mobile app. [Amazon UK, Amazon US]
Here’s Eyal’s “Hook Model”:
First, the trigger is what gets you in. e.g., you see a chatbot prompt and it suggests you type in a question. Second is the action — e.g., you do ask the bot a question. Third is the reward — and it’s got to be a variable reward. Sometimes the chatbot comes up with a mediocre answer — but sometimes you love the answer! Eyal says: “Feedback loops are all around us, but predictable ones don’t create desire.” Intermittent rewards are the key tool to create an addiction. Fourth is the investment — the user puts time, effort, or money into the process to get a better result next time. Skin in the game gives the user a sunk cost they’ve put in. Then the user loops back to the beginning. The user will be more likely to follow an external trigger — or they’ll come to your site themselves looking for the dopamine rush from that variable reward.
Eyal said he wrote Hooked to promote healthy habits, not addiction — but from the outside, you’ll be hard pressed to tell the difference. Because the model is, literally, how to design a poker machine. Keep the lab rats pulling the lever.
chatbots users also are attracted to their terminally sycophantic and agreeable responses, and also some users form parasocial relationships with motherfucking spicy autocomplete, and also chatbots were marketed to management types as a kind of futuristic status symbol that if you don't use it you'll fall behind and then you'll all see. people get mixed gambling addiction/fomo/parasocial relationship/being dupes of multibillion dollar advertising scheme and that's why they get so unserious about their chatbot use
and also separately core of openai and anthropic and probably some other companies are made from cultists that want to make machine god, but it's entirely different rabbit hole
like with any other bubble, money for it won't last forever. most recently disney sued midjourney for copyright infringement, and if they set legal precedent, they might take wipe out all of these drivel making machines for good
My company, while cutting back elsewhere, has dedicated a few million to AI projects over the next couple years. Not "projects to solve X business problem." Just projects that use AI.
So of course now, anything that is automated in any way is now being touted as AI. Taking data from one system and populating another? That's AI.
Lol pretty much
For anyone who thought this wasn't real, I present to you: https://xnote.ai/
The world is curb stomping satire…
Where can I get something like this minus any of the AI?
I would love to take handwritten notes and have them appear on my phone for safekeeping.
To be fair though, the features of that pen look really useful if you're into analog note-taking.
AI is such a loose term that calling anything with if-else statements “AI” wouldn’t be lying (I learned about decision trees in my university machine learning class and those are just giant nested if-else statements)
Taking data from one system and populating another? That’s AI.
Well, it is. You just have to go back enough in time to find the context when people still called it so.
Gotta use those automatic computers full of electronic brains to do all those tasks that used to take years on rooms full of people with chemical brains hired as computers!
E = mc² + AI
So much in this beautiful equation
That's an interesting equation, good job for finding that ☺️ You truly are a remarkable scientist, just like Einstein.
📄Would you like me to write a research paper on that equation for you?
Microwave now with AI
I work in actual ML research and even I think it's stupid
My company is like this. They literally have a feature in the roadmap called AI, and say we have to do something with it because our competitors do.
Really learning from the Arabs.
Al Project
Al Company
Al Product
Al gebra - ‘the reunion of broken parts’,
This is exactly what my masters thesis feels like ATM, every attention is on all the AI crap also because the Uni gets grants ont the topic. Everything else just dies
Give me money. AI-AI-AI.
Reminds me of the insane LinkedIn post where a brilliant person was sharing their new equation which was essentially word + buzzword + AI.
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