When I was young and starting out with computers, programming, BBS’ and later the early internet, technology was something that expanded my mind, helped me to research, learn new skills, and meet people and have interesting conversations. Something decentralized that put power into the hands of the little guy who could start his own business venture with his PC or expand his skillset.
Where we are now with AI, the opposite seems to be happening. We are asking AI to do things for us rather than learning how to do things ourselves. We are losing our research skills. Many people are talking to AI’s about their problems instead of other people. And they will take away our jobs and centralize all power into a handful of billionaire sociopaths with robot armies to carry out whatever nefarious deeds they want to do.
I hope we somehow make it through this part of history with some semblance of freedom and autonomy intact, but I’m having a hard time seeing how.
it creates perceived shareholder value of an emerging market. that is it’s purpose.
it’s utility is not for the end-user. it’s something for shareholders to invest in, and companies to push in an attempt to generate shareholder interest. It’s to raise the stock-price.
And like all speculative assets… nobody will care about the returns on it, until they do. And once those returns don’t materialize… poof goes the market.
Just like they did with all the speculative investment bubbles based on insane theories.