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MineralMan

(151,281 posts)

10. Makes perfect sense to me.

Reply to highplainsdem (Original post)

Fri Apr 3, 2026, 10:22 AM

18 hrs ago

The amount of money and energy being invested in AI is staggering. The benefits, however, are far less clear.

I think there is going to be a huge fallout in the AI industry before very long. That is not to say that AI won't eventually be something that has a high value, but the time for that is in the future somewhere.

Right now, it simply does not warrant the investment in huge data farms. It smacks to me of "mining" crypto currency. Nothing of value is actually being dug up with crypto. It's all in the imagination. Same thing with AI. It might make some intellectual effort more efficient, but so far the results are weak or even completely erroneous.

So, I can't imagine investing in that technology, much less doing so massively.

A correction is in order, I'm pretty sure.

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FakeNoose highplainsdem

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Highlight:

Ed Zitron on AI companies having deceived users w/subsidized rates they can't afford: There's no way to right this ship [View all] highplainsdem Thursday OP

If you like your news/commentary in audio, Ed Zitron also has a podcast, "Better Offline" RockRaven Thursday #1

Thanks! There's also an r/BetterOffline subreddit where Ed posts as ezitron. highplainsdem Thursday #3

Much love to Ed! BlueNProud Thursday #2

He's been doing brilliant analysis of the AI industry. highplainsdem Thursday #4

Yes indeed BlueNProud Thursday #6

That's kind of the standard business practice now EdmondDantes_ Thursday #5

It's the extent to which they're running at a loss that's anything but standard. Most users now pay $20 or highplainsdem 16 hrs ago #11

Yup get them hooked at a cheap price newdeal2 16 hrs ago #12

True. But as I said above, we've probably never seen this great a disparity between what customers highplainsdem 13 hrs ago #17

Hard for me to say because I wonder about enterprise customers newdeal2 12 hrs ago #19

They'll make a quick pivot to mass government surveillance... hunter Yesterday #7

I hope they won't get enough from the government to make up for their losses with all other highplainsdem 13 hrs ago #13

Really interesting WSHazel 21 hrs ago #8

I'm sure there are, but I can't make any recommendations offhand. Ed does link to lots of sources, highplainsdem 13 hrs ago #14

I'm pretty sure Chinese AI will be better and more affordable. David__77 18 hrs ago #9

Still with the same illegal-training problem, though, and another surveillance worry. highplainsdem 13 hrs ago #15

Makes perfect sense to me. MineralMan 18 hrs ago #10

Thanks! I hope the correction happens soon, so investment money and valuable expertise will go to highplainsdem 13 hrs ago #16

Agreed! MineralMan 13 hrs ago #18