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Cory Doctorow: What Kind of Bubble is AI?
(locusmag.com)
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Very little substance or conclusions. While technology is improving, you're not reading into account AI investment is a bubble.
AI can certainly help, but not a single one was able to consistently deliver good results. A technology that needs constant supervision by an actual expert isn't really all that useful. And this is not just a problem of scale. It's a limitation of the current approach. Throwing billions at a problem to save a few millions just isn't worth it.
When did that ever stop Silicone Valley investors?