Not a bubble popping, but a balloon deflating. We have enough hardware to simulate the 10 billion neurons in a human brain, right now they are focusing on the software. I don’t think it will “pop and crash”.
jaykrown@lemmy.world 2 days ago
AI is a massive bubble, and it will be popping in the next year or so. It will still be the case that no companies are making money from it. Why? Because it makes the technology more accessible, and allows individuals to do things that otherwise would have taken a team without AI. The level of competition is extremely high, and no one will be willing to pay for AI services. Profitable companies with multiple revenue sources like Google and Meta will continue to offer AI services for free, while companies like Anthropic and OpenAI will run out of money.
ProbablyBaysean@lemmy.ca 2 days ago
jaykrown@lemmy.world 2 days ago
That’s hopeful, but that’s never how it’s worked before. When I talk about “pop” I’m talking about the financial. I think the debt will pop and a lot of these oddly named AI companies will dissolve with no money. The applications of AI will continue. The dotcom bubble saw a huge financial crash, and a lot of weird internet companies died, but the internet remained and we eventually got Netflix and Amazon, etc.
p03locke@lemmy.dbzer0.com 2 days ago
The internet was a bubble. That doesn’t mean it’s not useful. It just means that companies are overselling its value. There are too many companies jumping on the bandwagon, and not all of them with survive when the bubble pops.
It’s still bad and destructive, but I think far too many people are interpreting this bubble as “if I wait a few more years, this technology will disappear and I won’t have to worry about it any more”. No, it’s more like the internet where if people wait a few more years and don’t use it, they will lag behind and be replaced by people who understand the tech. Companies that don’t use it will die out.
I like Hank Green’s recent takes on AI.
jaykrown@lemmy.world 2 days ago
You pay for them now, but once they become cheaper and more efficient no one will pay for them, and people will be able to run the models locally. I agree AI is useful, it’s not going away, and will become more accessible and cheaper rapidly as time progresses.