'At some point you've got to make money': Goldman's top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

https://lemmy.today/post/54311965

'At some point you've got to make money': Goldman's top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs - Lemmy Today

Lemmy

I’m not much of an AI skeptic compared to most on Lemmy. I think the technology is incredibly useful and probably beneficial to society if we can remove the control of the ruling class.

That said I truly don’t understand how the AI business model is supposed to work. I’m sure there is some market for businesses, governments, etc., basically people who have too much money who may want to pay for the latest and greatest models.

But I don’t really see the average consumer doing this when slightly less good versions will almost certainly be available for free. And the above customers will not be able to support the level of investment that’s going on right now.

technology is incredibly useful and probably beneficial to society

For what? It’s not reliable enough to actually automate anything and people that use it regularly inevitably stop checking the output and start falling victim to hallucinations. It’s pretty good at rifling through social media posts which I don’t think is good for society and it’s OK as a frontline support system but even that they normally go too far and just make it infuriating

So far I’ve saved at least 100 hours of my life having LLMs pump out scripts for me instead of writing them by hand. Its better and faster at it than I am, and its easy enough for me to validate a simple script. The inherent flaws in the technology don’t change the fact that it can provide utility, and that utility has enough value that even if the technology doesn’t progress from here, even with its inherent flaws, it is not going away.