B.Before I delve into what’s really going on with artificial intelligence (AI) in this article, let’s get one important question out of the way first. There is no single AI. He might think that artificial intelligence is one of the big pieces of software. it’s not. Waited for my daughter to fall asleep. It’s a marketing term for a set of tools. Sometimes they are used alone and sometimes they are used in combination. But there is no single AI. There may be in the future. maybe not.
For now, artificial intelligence might be better described as a hyperball machine.
For generative AI like ChatGPT, the tool is Large Language Models (LLM). Plus, natural language processing (NLP), machine learning (ML), neural networks, and much more. However, it does not encompass a single artificial intelligence.
So what’s really going on with all the hype around AI? Why are the CEOs of Google, Microsoft, OpenAI, etc. rushing for media interviews? Why the hype? ? Explore.
I have a favorite phrase that I have applied to problems over the years. I don’t know who came up with it. It’s a phrase that says, “If you can’t find a solution to your problem first, look for financial gain.” It’s a mental model, and it works well in making sense of the AI hype.
With the AI apocalypse aside and the utopia-proclaiming experts five minutes apart, it becomes clearer. It is useful to understand what reality is without
Economic reasons for AI Hype
Listed company: Microsoft, Google, Amazon and Apple are all publicly traded companies. Their primary role is to provide shareholder value known as dividends. Customer focused? early days. not anymore. As consumer spending on technology slows, we need to stock up. Without an AI solution to bring to market after OpenAI, stock prices could fall, dividends could fall, and CEOs could lose their jobs.
Startup: OpenAI was originally a non-profit organization. It is now a corporation. AI (Large Language Models in this case) is very expensive to operate. Partnerships with tech giants were very important for the training phase. For OpenAI, it’s Microsoft. They have a business model and appear to have incorporated so they can raise money. And deliver shareholder value.
This is true for most early stage tech startups. Startups that didn’t have AI on their pitch decks are now definitely using it. Venture capital is pouring like mana from heaven into startup bank accounts. Ridiculous valuations, investors drool. Even smart investors have a herd mentality.
Market mover positioning
Second, but on the money side of things, tech giants are vying for market position. His LLM tools like ChatGPT impact marketing as well as search. The new Bing powered by ChatGPT is really cool. It makes it look like Google never left his 1999. Google knows this. So far, innovation has failed.
LLM, or Generative AI (GAI), isn’t trying to take everyone’s jobs, or rule the world. It’s a ridiculous exaggeration for a clickbait news headline. But it can play an important role and actually solve what information technology has not done. Increase productivity.
Academic and non-profit organizations
Yes, various AI tools such as LLM, neural networks, and machine learning carry significant societal risks, especially when they are combined in novel ways. But we also need funds to operate academic institutions and non-profit organizations that serve the public interest. Without a path to profit, investment funds tend not to flow to them. Commercialization of AI tools, etc.
That is why watchdogs, who now play such an important role, need to intervene. In most cases, they are justifiably seeking funding to conduct necessary ethical and impactful research. For others (funders), their secondary goal is to stall the initial movers while some donor-backed companies can catch up. Elon Musk is a prime example of that. He’s asking for a pause, but at the same time starting his own, his GAI company.
news, commentators and industry media
One word; clickbait. Titles about massive unemployment, how business will change by next quarter, ChatGPT passing the bar exam, or other test drive clicks. The news media themselves don’t really enjoy clickbait titles, but they need ad revenue. FAANG companies have drastically reduced their income. See how difficult it is to read online articles today with banner ads, pop-ups, and everything else.
For bloggers and tech pundits, articles about AI drive readers. This is the same dichotomy as the news media. Of course, this all works great for an AI company and achieves its goals. It’s a circle thing.
AI cheaters and snake oil
Ads and posts riddle social media channels like streams of unicorn vomit and glittery rainbows. All of a sudden these brilliant minds are telling me how to make his $100,000 a month using ChatGPT. Or using AI in certain ways can make you 300x more productive. This translates to “Press any key to go back to sleep and make millions of dollars.” All this is a bump. Or BS if you prefer.
All they want is your money. It’s like a MLM of MLM. Top guys make the money, the rest are suckers. don’t be one
So what can be taken away from all this?
Artificial intelligence is a marketing term that does what it should. Build a capital market. Yes, OpenAI’s Sam Altman may say he says AI is dangerous, but let’s continue anyway. Doom or Eternal Sun, any news is good news.
There is a lot of speculation about what AI will do and how it will change the world, for better or worse, depending on your side. Like 99.7%, for the majority of the planet’s population, they don’t understand or really care that AI is a marketing term and there is no such thing as anomalous AI.
Most people in the world are figuring out how to deal with rising mortgages, rent payments, and insane food costs. I am concerned that Russia’s brutal and insane war against Ukraine has transitioned to nuclear weapons and is moving forward after three years of lockdown and political division.
