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

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.

@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....

(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.