The AI Hype Bubble

When the AI hype bubble bursts, a lot of people (myself included via my superannuation fund) are going to get burnt. I find using an LLM useful at the margins; I’m glad I’m not working in a company or industry that has a belief it is the great messiah - only to find out the costs are blowing out… I do love how Ed Zitron writes about this stuff in his latest piece, AI Doesn’t Have ROI. I’ve cherrypicked a few good quotes from a great and long article that I encourage you to read. You spent a trillion dollars to make it somewhat easier to code some things sometimes but not in such a way that it actually results in anything, research reports that nobody will read, shitty powerpoint decks and excel spreadsheets, and art that looks like stock images because that’s exactly what it was trained on. … The reason nobody can show you the ROI from AI is that AI does not have a return on investment. Large Language Models can speed up some things in a way that becomes increasingly less-valuable and…