tekJul 14, 2024
AI is overhyped and unreliable -Goldman Sachs

https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/

"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks"

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Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable

One of the world's largest investment banks wonders if generative AI will be worth the huge investment and hype: "will this large spend ever pay off?"

404 Media
Show threadsimpleJul 14, 2024

AI was a promise more than anything. When ChatGPT came out, all the AI companies and startups promised exponential improvements that will chaaangeee the woooooorrlllddd

Two years later it’s becoming insanely clear they hit a wall and there isn’t going to be much change unless someone makes a miraculous discovery. All of that money was dumped in to just make bigger models that are 0.1% better than the last one. I’m honestly surprised the bubble hasn’t popped yet, it’s obvious we’re going nowhere with this.

Show threadbluGill

@simple

@technology @tek

ai has been doing that trick since the 1950s. There have been a lot of use coming out of ai, but it has never been called ai once successful and never lived up to the early hype. some in the know about all those previous ones were surprised by the hype and not surprised about where it has gone, while others pushed the hype.

The details have changed but nothing else.

Technology - kbin.run

This is a [most excellent](https://media.giphy.com/media/v1.Y2lkPTc5MGI3NjExN3N0NmhuODNib3d3Nzg0OHU2bTFqMXAzNW42Y2JsOTVmenNsNG8ycSZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/l46CDHTqbmnGZyxKo/giphy.gif) place for technology news and articles....

Jul 14, 2024 at 1:59pmWeb
Show threadbionicjoeyJul 14, 2024
Yeah the only innovation here is that OpenAI had the balls to use the entire internet as a training set. The underlying algorithms aren’t really new, and the limitations have been understood by data scientists, computer scientists, and mathematicians for a long time.
Show threadFrozengyroJul 14, 2024
So now it just has to use every conversation that happens as a data set. They could use microphones from all over the world to listen and learn and understand better…
Show threadrottingleafJul 15, 2024

LISP machines were cool. They can bring back that kind of “AI” right now, I want to have one.

I mean, how cool can it be, having hardware acceleration of LISP-typical operations, and a whole LISP-built operating system.

Maybe resurrecting Genera is too much, but we can do with porting Emacs.

Show threadrottingleafJul 15, 2024

(Repeating myself due to being banned from my previous instance for offering to solve a problem with nukes)

Bring back Lisp machines. I like what was called AI when they were being made.