The AI dooooooom thread

[The Minsky Moment]

The problem is people generalizing that utility across all AI tools and especially generative AI tools.

The problem is also not grasping how high the bar is for AI to achieve useful social return on investment.  In the past 10 years, over $2 trillion has been spent on AI development.  That's on the level of all the railway investment in Europe in the entire 19th century.  AI could have a lot of utility and still be a complete bust. 

[HisMajestyBOB]

Would people in the 19th century have rather had railroads, or this: https://twitter.com/i/status/1984446427632689308

[crazy canuck]

The problem is people generalizing that utility across all AI tools and especially generative AI tools.

The problem is also not grasping how high the bar is for AI to achieve useful social return on investment.  In the past 10 years, over $2 trillion has been spent on AI development.  That's on the level of all the railway investment in Europe in the entire 19th century.  AI could have a lot of utility and still be a complete bust. 

Agreed.