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Massive anxiety about the AI bubble (hexbear.net)

submitted 3 months ago by RiotDoll@hexbear.net to c/chat@hexbear.net

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This has been cooking for a while, like since the alarms started getting sounded about an AI bubble; but I had a dream recently where the AI bubble popped, and we were all happy, and the industry really did bottom out, but then peter goddamned thiel ends up basically owning the entire market share, then buys up artistic supplychains and stores and shuts them down entirely to force people on the slop machine.

and reflecting on it, that's when i kinda came to the conclusion: that's a real ass possibility.

I think of the 2000s dot com bubble, levelled the landscape, and the companies that survived and the ones that emerged in its wake had staying power, and dominate the technological social landscape to a frankly dangerous degree

the money behind this AI shit is immense, and some of these guys are deranged enough to just force the matter, like who could even contest this?

I'd love to get talked down from this position if it's more unreasonable than i think but... yeah im kinda anxious about it now.

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[–] EstraDoll@hexbear.net 10 points 3 months ago (2 children)

Now, forgive my foolish and generally uneducated opinion, but we could have said the same thing about crypto currency a few years ago, right? The amount of infrastructure wasn't quite there in crypto compared to AI but it's a hype based, useless tech riding off speculative value with seemingly no actual use, relative to the hype it got. Why should we expect "AI" to be any different? Is it really going to "collapse" or is it just going to fade into the background as techbros find some other obnoxious, useless fad tech to get distracted by like a toddler looking at jingling keys?

[–] UmbraVivi@hexbear.net 13 points 3 months ago

Why should we expect "AI" to be any different?

The difference in scale is enormous. There was talk about shoving crypto and blockchains into everything, but it never actually manifested. AI is being shoved into everything as we speak. Barely anyone in the real world actually interacted with cryptocurrency in any way, while the same cannot be said for generative AI. Crypto was all talk, AI is actually a thing that is happening, and the amount of money in it makes crypto look like a joke.

[–] Dort_Owl@hexbear.net 10 points 3 months ago

Damn remember the metaverse and NFTs? That seems like a lifetime ago now. Decades be happening in weeks.