They will blame workers for not figuring out how to extract the value that all their bank accounts demand is there.
Fuck AI
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
Majority of people that aren't out of touch with reality are completely unsurprised.
We are a LONG way from AI being cheaper than an underpaid office drone or service worker. Maybe we could convince the AI companies to support unions and drive up wages so AI looks more affordable by comparison. Better working conditions and fewer people wasting their lives on jobs that can be automated.
I'm shocked dot jiff.
The point was to bring in VC funding, not to generate returns.
Well duh. There's not much money to be made. Most of the money here is going to be made by firing employees. Which they will then need to rehire later often at increased salaries to bring talent back into the building where llm has fallen short, which is a lot.
I'm sure that AI would be willing to sacrifice all those human CEOs jobs that failed at leading this AI revolution forward to AI CEOs who will be able to harder bigger faster stronger as we have been told about all other human endeavor.
It never ceases to amaze how entirely disconnected these folks are.
Great and very welcome news. If enough companies stop using "AI" maybe it will go away.

Let it crash, baby!
Haha lol
That's a funny way to say "unsustainable losses"
The hope still holds that this AI bubble will pop before anything truly terrible can come of it, then it can go back to serving the niches its actually helpful for, rather than being used to screw with everyday working people, and we can all live happily ever after.