Point 2 and 3 are legit, especially the part about not having a roadmap, a lot of what's going on is pure improvisation at this point and trying different things to see what sticks. The grid is a problem but fixing it is long over due. In any case, these companies will just build their own if the government can't get its head out of it's ass and start fixing the problem (Microsoft is already doing this).
The last two point specifically point to this person being someone that doesn't know the technology just like what they are accusing others of being.
It's already replacing people. You don't need it to do all the work, it will still bring about layoffs if it gives the ability for one person to do the job of 5. It's already affecting jobs like concept artist and every website that used to have someone at the end of their chat app now has an LLM. This is also only the start, it's the equivalent of people thinking computers won't affect the workforce in the early 90s. It won't hold up for long.
The data point is also quit a bold statement. Anyone keeping abreast with the technology knows that it's now about curating the datasets and not augmenting them. There's also a paper that comes out everyday about new training strategies which is helping a lot more than a few extra shit posts from Reddit.
The last part is wrong. They aren’t imagining improvement. They know this is it for now and they’re lying their asses off to pretend that they’ll be able to keep improving it when there’s no training data left. The grift is all that’s left.
Maybe he should buy Red Lobster, force them into unfavorable contracts for supplies, sell out their land from under them, and lease the land back to them about it.
Number 3 drives me hair-tearing insane, I have straight up seen AI cultists say AI will fix the power grid but only if we keep pouring resources into it so that it can fix all our problems. ಠ_ಠ
I'm very confident that with carte blanche the electrical engineers already overseeing the grid could solve the problems it faces. We don't need an ai miracle, we need to remove bureaucratic and funding obstacles for critical infrastructure.
And this absolutely will not change the course of AI investment whatsoever because it still driving a huge amount of profit.
The only thing that will finally change the course of AI investment is when the bubble finally burst which will cause the collapse of our economy because, by that point, so much money will have been invested in it. There will be no other possible result.
And why? Because these assholes only care about one thing: short term results at any cost.
Firing the staff & reporting “earnings”?
Goosed stock price on the above + hypey garbage?
Enforced “features” no one wants?
AI hardware makers? Okay, that one’s legit, but ironically not AI.
I wish i knew of a good way to profit off of this bubble. I could work for a company in the AI space, but I think it would be well above my “executives hyping the smell of their own farts” threshold. And shorting Google and Microsoft is a dangerous game.