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Re:Princeton ‘AI Snake Oil’ authors say GenAI hype has ‘spir... by version_five on Wednesday August 23, 2023 @08:32PM (#37243716)
Not that I disagree, but as I've said before, it's easy to be a theoretical contrarian, as in claim something is BS but not stake anything on it or profit from it (other than book deals).

We're in a housing bubble, at the peak of a multi-century economic mega-cycle, we're overdue for earthquakes, tsunamis, asteroids, the caldera under Yellowstone, flu pandemics, etc etc. It's super easy to say all that and demand people should listen, what's hard is committing to any actionable prediction.

Re:Princeton ‘AI Snake Oil’ authors say GenAI hype has ‘spir... by lordkirchner on Wednesday August 23, 2023 @08:47PM (#37243809)
All I ever wanted was a way to short NFTs
Re:Princeton ‘AI Snake Oil’ authors say GenAI hype has ‘spir... by lokar on Thursday August 24, 2023 @12:08AM (#37244920)
Never short a ponzi, even if you win your counterparty won’t pay
Re:Princeton ‘AI Snake Oil’ authors say GenAI hype has ‘spir... by piloto_ciego on Wednesday August 23, 2023 @10:27PM (#37244362)
Being a pessimist is academically safe and intellectually lazy.

If you’re wrong in your predictions nobody cares because it’s better than if you’re right.

On the other hand, if you’re an optimist and you are wrong you look like an idiot and the social penalty is higher.

So people continue to predict doomsday and most of the time it doesn’t happen.

Re:Princeton ‘AI Snake Oil’ authors say GenAI hype has ‘spir... by md_ on Thursday August 24, 2023 @03:13AM (#37245952)
> So people continue to predict doomsday and most of the time it doesn’t happen.

Well, the same is true for any prediction of anything unlikely. People continue to predict world-changing innovations, and most of the time they are wrong. That's the reality of any low-probability/high-impact prediction, in the positive or negative direction.

As a specific case of that: most startups fail, so predicting a startup will fail is safe.

I'm pretty prone to exactly that prediction. But I like this quote from Erik Davis (https://www.google.ch/books/edition/High_Weirdness/Rcq2DwAAQ...): "In the court of the mind, skepticism makes a great grand vizier, but a lousy lord."