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 threadgedaliyahJul 14, 2024

I remember saying a year ago when everybody was talking about the AI revolution: The AI revolution already happened. We’ve seen what it can do, and it won’t expand much more.

Most people were shocked by that statement because it seemed like AI was just getting started. But here we are, a year later, and I still think it’s true.

Show threadSeattleRainJul 14, 2024
It’ll expand but it will take 5-10 years. Just like Web 1.0 and 2.0.
Show threadcley_faye
Not with the current tech. It can go faster, have more detailed output, maybe consume less too, but there seems to be a ceiling on what LLM and their derivative can do. There has been no improvement in that regard, and people that look into it are pretty confident that it won’t happen at this point.
Jul 14, 2024 at 11:01pmWeb