There is a machine learning bubble, but the technology is here to stay. Once the bubble pops, the world will be changed by machine learning. But it will probably be crappier, not better.

What will happen to AI is boring old capitalism. Its staying power will come in the form of replacing competent, expensive humans with crappy, cheap robots.

AI is defined by aggressive capitalism. The hype bubble has been engineered by investors and capitalists dumping money into it, and the returns they expect on that investment are going to come out of your pocket. The singularity is not coming, but the most realistic promises of AI are going to make the world worse. The AI revolution is here, and I don’t really like it.

  • Remmock@kbin.social
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    1 year ago

    Fashion designers are being replaced by AI.
    Investment capitalists are starting to argue that C-Suite company officers are costing companies too much money.
    Our Ouroboros economy hungers.

    • jarfil@beehaw.org
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      1 year ago

      C-Suites can get replaced by AIs… controlled by a crypto DAO replacing the board. And now that we’re at it, replace all workers by AIs, and investors by AI trading bots.

      Why have any humans, when you can put in some initial capital, and have the bot invert in a DAO that controls a full-AI company. Bonus points if all the clients are also AIs.

      The future is going to be weird AF. 😆😰🙈