Don't believe the hype. 1/4

Public Enemy said it in the 80's. I'm saying it now.

Crypto has hype. Government issued currency doesn't.

NFTs had hype. Going on a bender and blowing your money didn't.

AI has hype. Doing things for realsies doesn't.

So we see headlines that a company (or two!) that has thrown enormous money into AI is laying off staff, to be replaced by AI. Amazing. But it is just part of the hype.

2/4

They can afford to hire those people again down the track. But importantly, what they really want, is to sell the idea that if THEY are doing it, then maybe you should too.

But I can't help but think, if there was anything to it, they would have kept it to themselves. Because IMAGINE THE COMPETITIVE ADVANTAGE!

So straight away, we can know, for sure, 100%, AI is hype, and that it can't fulfill the dream.

3/4

If I could predict the winning lottery numbers, why would I sell that system? Why DO people sell those systems?

Because they are scams.

They cannot do what they say they can do. They will never be able to do what they say they can.

There is no reason to believe AI is anything more than a lottery prediction system, based on past knowledge, past writing, past experience. It is fundamentally a backward looking system and cannot create new ideas.

4/4
Sure, maybe it can pass some exams. But can it synthesise new knowledge, express a new idea, defend it's conjectures?

Remember, in a regulated financial system, there is still nothing "wrong" or illegal about hyping up your abilities. But let the numbers speak for themselves.