I think VR is a reasonable analogy.
The tech works. It’s just super niche applications. It would have been incredibly stupid for a business to presume that it’ll be huuuuge market based on hype, and invest billions in say, a virtual reality universe… Presuming they’ll recoup costs once the public all have their own VR gear due to its obvious ‘really cool tech’ factor.
AI is the same. Yeah, the tech works… In a less precise, less predictable, but still sometimes useful way. Again, very niche applications. Will fucking everyone on earth want to spend $5/month to use it? I really doubt it and I have no idea why they would presume that, except because such presumptions when stated to their shareholders make line go up.
We’ll see who ends up writing off their own personal Metaverse-like AI pipedream disasters, when the finally figure out the money’s just not coming - but the writeoffs will be 100 times larger, and I think some big name businesses might not be able to survive it.
artyom@piefed.social 4 hours ago
VR is cool. Meta’s vision for VR was obviously dumb as hell and never going to work.
supersquirrel@lemmy.ca 2 hours ago
Imagine if all that money, time, resources and trust had been put in the control of actual game developers?