"We are in the dynasty of bullshit, a deceptive epoch where analysts and journalists who are ostensibly burdened with telling the truth feel the need to continue pushing the Gospel According To Jensen. When all of this collapses there must be a reckoning with how little effort was made to truly investigate the things that executives are saying on the television, in press releases, in earnings filings and even on social media, all because the market consensus demanded that The Number Must Continue Going Up.
The AI era is one of mythology, where billions in GPUs are bought to create supply for imaginary demand, where software is sold based on things it cannot reliably do, where companies that burn billions of dollars are rewarded with glitzy headlines and not an ounce of cynicism, and where those that have pushed back against it have been treated with more skepticism and ire than those who would benefit the most from the propagation of propaganda and outright lies.
So today I'm giving you Mythbusters — AI Edition. This is the spiritual successor to How To Argue With An AI Booster, where I address the technical, financial and philosophical myths that underpin the endless sales of GPUs and ever-increasing valuation of OpenAI.
This is going to be fun, because I truly believe that both the financial and tech press take this all a little too seriously, in the sense that everything is so dull. With a handful of exceptions (The Register being the best example), most publications treat financial reporting as something that must be inherently separate from any kind of analysis or criticism. And so, that’s why, if a publication calls bullshit on something insane, that call is almost always segmented away in its own little piece."
https://www.wheresyoured.at/ai-mythbusters/
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