As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.
Ah, the sudden realisation of all the VCs that they’ve tipped money into what is essentially a fancy version of predictive text.
Alexa proudly informed me the other day that Ray Parker Jr is Caucasian. We ain’t in any danger of the singularity yet, boys.
I couldn’t agree more. What they’re calling AI today exposes its issues pretty easily still, asking it to spell lollipop backwards for example. The usefulness of ChatGPT back in December was also considerably better than it is today. Companies are putting up more guardrails which the bots have to re-train to adapt to “being too honest” or mechanisms to prevent them being used for illicit purposes, that affect how useful they ultimately are, meaning we’re seeing hyperbole instead of substance.
One AI startup was just hustling the AI washing saying stuff like “if a computer is a bicycle for the mind, AI is a jumbo jet for us all” and I had to laugh. It reminded me of all the talk around VR back in 2016.
Pak’n’Save has an AI recipe generator, and for a while there was no sanity checking of the ingredients. I entered what I had on hand and it gave me this.