The smartphone improvements hit a rubber wall a few years ago (disregarding folding screens, that compose a small market share, improvement rate slowed down drastically), and the industry is doing fine. It’s not growing like it use to, but that just means people are keeping their smartphones for longer periods of time, not that people stopped using them.
Even if AI were to completely freeze right now, people will continue using it.
Why are people reacting like AI is going to get dropped?
People are dumping billions of dollars into it, mostly power, but it cannot turn profit.
So the companies who, for example, revived a nuclear power facility in order to feed their machine with ever diminishing returns of quality output are going to shut everything down at massive losses and countless hours of human work and lifespan thrown down the drain.
This will have an economic impact quite large as many newly created jobs go up in smoke and businesses who structured around the assumption of continued availability of high end AI need to reorganize or go out of business.
Because novelty is all it has. As soon as it stops improving in a way that makes people say “oh that’s neat”, it has to stand on the practical merits of its capabilities, which is, well, not much.
It’s absurdly unprofitable. OpenAI has billions of dollars in debt. It absolutely burns through energy and requires a lot of expensive hardware. People aren’t willing to pay enough to make it break even, let alone profit
Eh, if the investment dollars start drying up, they’ll likely start optimizing what they have to get more value for fewer resources. There is value in AI, I just don’t think it’s as high as they claim.
People differentiate AI (the technology) from AI (the product being peddled by big corporations) without making clear that nuance (Or they mean just LLMs, or they aren’t even aware the technology has a grassroots adoption outside of those big corporations). It will take time, and the bubble bursting might very well be a good thing for the technology into the future. If something is only know for it’s capitalistic exploits it’ll continue to be seen unfavorably even when it’s proven it’s value to those who care to look at it with an open mind. I read it mostly as those people rejoicing over those big corporations getting shafted for their greedy practices.
the bubble bursting might very well be a good thing for the technology into the future
I absolutely agree. It worked wonders for the Internet (dotcom boom in the 90s), and I imagine we’ll see the same w/ AI sometime in the next 10 years or so. I do believe we’re seeing a bubble here, and we’re also seeing a significant shift in how we interact w/ technology, but it’s neither as massive or as useless as proponents and opponents claim.
I’m excited for the future, but not as excited for the transition period.
I’m excited for the future, but not as excited for the transition period.
I have similar feelings.
I discovered LLMs before the hype ever began (used GPT-2 well before ChatGPT even existed) and the same with image generation models barely before the hype really took off. (I was an early closed beta tester of DALL-E)
And as my initial fascination grew, along with the interest of my peers, the hype began to take off, and suddenly, instead of being an interesting technology with some novel use cases, it became yet another technology for companies to show to investors (after slapping it in a product in a way no user would ever enjoy) to increase stock prices.
Just as you mentioned with the dotcom bubble, I think this will definitely do a lot of good. LLMs have been great for asking specialized questions about things where I need a better explanation, or rewording/reformatting my notes, but I’ve never once felt the need to have my email client generate every email for me, as Google seems to think I’d want.
If we can just get all the over-hyped corporate garbage out, and replace it with more common-sense development, maybe we’ll actually see it being used in a way that’s beneficial for us.
I initially started with natural language processing (small language models?) in school, which is a much simpler form of text generation that operates on words instead of whatever they call the symbols in modern LLMs. So when modern LLMs came out, I basically registered that as, “oh, better version of NLP,” with all its associated limitations and issues, and that seems to be what it is.
So yeah, I think it’s pretty neat, and I can certainly see some interesting use-cases, but it’s really not how I want to interface with computers. I like searching with keywords and I prefer the process of creation more than the product of creation, so image and text generation aren’t particularly interesting to me. I’ll certainly use them if I need to, but as a software engineer, I just find LLMs in all forms (so far) annoying to use. I don’t even like full text search in many cases and prefer regex searches, so I guess I’m old-school like that.
I’ll eventually give in and adopt it into my workflow and I’ll probably do so before the average person does, but what I see and what the media hypes it up to be really don’t match up. I’m planning to set up a llama model if only because I have the spare hardware for it and it’s an interesting novelty.
Huh?
The smartphone improvements hit a rubber wall a few years ago (disregarding folding screens, that compose a small market share, improvement rate slowed down drastically), and the industry is doing fine. It’s not growing like it use to, but that just means people are keeping their smartphones for longer periods of time, not that people stopped using them.
Even if AI were to completely freeze right now, people will continue using it.
Why are people reacting like AI is going to get dropped?
People are dumping billions of dollars into it, mostly power, but it cannot turn profit.
So the companies who, for example, revived a nuclear power facility in order to feed their machine with ever diminishing returns of quality output are going to shut everything down at massive losses and countless hours of human work and lifespan thrown down the drain.
This will have an economic impact quite large as many newly created jobs go up in smoke and businesses who structured around the assumption of continued availability of high end AI need to reorganize or go out of business.
Search up the Dot Com Bubble.
People pay real money for smartphones.
People pay real Money for AIaaS as well…
Because novelty is all it has. As soon as it stops improving in a way that makes people say “oh that’s neat”, it has to stand on the practical merits of its capabilities, which is, well, not much.
It’s absurdly unprofitable. OpenAI has billions of dollars in debt. It absolutely burns through energy and requires a lot of expensive hardware. People aren’t willing to pay enough to make it break even, let alone profit
Eh, if the investment dollars start drying up, they’ll likely start optimizing what they have to get more value for fewer resources. There is value in AI, I just don’t think it’s as high as they claim.
Training new models is expensive. Running them can be fairly cheap. So no
People differentiate AI (the technology) from AI (the product being peddled by big corporations) without making clear that nuance (Or they mean just LLMs, or they aren’t even aware the technology has a grassroots adoption outside of those big corporations). It will take time, and the bubble bursting might very well be a good thing for the technology into the future. If something is only know for it’s capitalistic exploits it’ll continue to be seen unfavorably even when it’s proven it’s value to those who care to look at it with an open mind. I read it mostly as those people rejoicing over those big corporations getting shafted for their greedy practices.
I absolutely agree. It worked wonders for the Internet (dotcom boom in the 90s), and I imagine we’ll see the same w/ AI sometime in the next 10 years or so. I do believe we’re seeing a bubble here, and we’re also seeing a significant shift in how we interact w/ technology, but it’s neither as massive or as useless as proponents and opponents claim.
I’m excited for the future, but not as excited for the transition period.
I have similar feelings.
I discovered LLMs before the hype ever began (used GPT-2 well before ChatGPT even existed) and the same with image generation models barely before the hype really took off. (I was an early closed beta tester of DALL-E)
And as my initial fascination grew, along with the interest of my peers, the hype began to take off, and suddenly, instead of being an interesting technology with some novel use cases, it became yet another technology for companies to show to investors (after slapping it in a product in a way no user would ever enjoy) to increase stock prices.
Just as you mentioned with the dotcom bubble, I think this will definitely do a lot of good. LLMs have been great for asking specialized questions about things where I need a better explanation, or rewording/reformatting my notes, but I’ve never once felt the need to have my email client generate every email for me, as Google seems to think I’d want.
If we can just get all the over-hyped corporate garbage out, and replace it with more common-sense development, maybe we’ll actually see it being used in a way that’s beneficial for us.
I initially started with natural language processing (small language models?) in school, which is a much simpler form of text generation that operates on words instead of whatever they call the symbols in modern LLMs. So when modern LLMs came out, I basically registered that as, “oh, better version of NLP,” with all its associated limitations and issues, and that seems to be what it is.
So yeah, I think it’s pretty neat, and I can certainly see some interesting use-cases, but it’s really not how I want to interface with computers. I like searching with keywords and I prefer the process of creation more than the product of creation, so image and text generation aren’t particularly interesting to me. I’ll certainly use them if I need to, but as a software engineer, I just find LLMs in all forms (so far) annoying to use. I don’t even like full text search in many cases and prefer regex searches, so I guess I’m old-school like that.
I’ll eventually give in and adopt it into my workflow and I’ll probably do so before the average person does, but what I see and what the media hypes it up to be really don’t match up. I’m planning to set up a llama model if only because I have the spare hardware for it and it’s an interesting novelty.