AND the huge AR/metaverse wave!

Fascism. Apparently.

Reminds me of Blockchain

According to new research from Deloitte, 74 percent of large companies (with sales over $500 million) see a “compelling business case” for blockchain technology.

Indeed, from supply chain management and regulatory monitoring to recruiting and healthcare, organizations are applying blockchain to their business models to revolutionize how they track and verify transactions.

It's not a fake or fundamentally useless technology, but everyone who doesn't understand it is rushing to figure out how they're gonna claim to use it.

Well, all they have to do is teach the AI to do one task decently and consistently, then go on to the next task, until it takes 99% of human jobs, and then they can kill off an increasing amount of humans.

They're trying with "Quantum Computers" and "Humanoid Robots". One promises magic and the other slaves, so you see the appeal for investors.

People keep comparing AI to the likes of NFTs, the blockchain, and 3D printers. All of those were over-promised niche products but AI has already proven its worth.

They were all about what they could do, but AI is already doing it.

AI is now a catch-all acronym that is becoming meaningless. The old, conventional light switch on the wall of the house I first lived in some 70 years ago could be classified as 'AI. The switch makes a decision, based on what position I put it in. I turn the light on, it remembers that decision and stays on. The thing is, the decision was first made by me and the switch carried out that decision, based on criteria that was designed into it.

That is, AI still does not make any decision that humans have not designed it to make in the first place.

What is needed, is a more appropriate terminology, describing the actual process of what we call AI. And really, the more appropriate descriptor would not be Artificial Intelligence, but Human-made Intelligent devices. All of these so-called AI devices and applications are, after all, completely human designed and human made. The originating Intelligence still comes from the minds of humans.

Most of the applications which we call Artificial Intelligence are actually Algorithmic Intelligence - decisions made based on algorithms designed by humans in the first place. The devices just follow these algorithms. Since humans have written these algorithms, it should really be no surprise that these devices are making decisions very similar to the decisions humans would make. Duhhh. We made them in our own image, no wonder they 'think' like us.

Really, these AI devices do not make decisions, they merely follow the decisions humans first designed into them.

Big Blue, the IBM chess playing computer, plays excellent chess because humans designed it to play chess, and to make chess decisions, based on how humans first designed the chess game.

What would be really scarry would be if Big Blue decided of its own volition that it no longer wanted to play chess, but it wanted to play a game it designed.

I'm waiting for the cheap graphic cards

Hey, the blockchain completely revolutionized everything. /s

I very sadly don't see it going anywhere because of how much money has been invested by big tech corporations such as Google, Amazon, and Microsoft.

Reason they're willing to put so much money into these corporations is because they're being built on their cloud infrastructure, which the different AI companies pay for. So either way, they end up getting more money and becoming more influential, even if the AI hype eventually dies out.

Next is quantum computing

AI is both overhyped crap and a revolution.