Even if that's true, the big money is being spent in the belief that some bigger more valuable thing will be unlocked by future advances, not on better engineering well understood uses. The technology has some value but the behavior around it is still driven by bubble "it will be valuable later" behavior rather than current uses.
Sure. Don't say that like it's rare!
You've just described the crypto boom ... but at least AI has actual use cases and actually will solve problems.
Maybe some time in the future but the current generative "AI" can not (let me repeat: can not) solve anything. I am sitting here astonished watching the entire world lose their minds over a stochastic parrot.
Did y'all not learn anything from the crypto bubble? Mostly it's the same hustlers, ChatGPT got rushed to the market the moment the crypto craze sort of ended with the collapse of FTX. Someone is making a lot of money here... but it ain't you.
I know for a fact that it is putting marketing copywriters out of jobs.
I used ChatGPT 3 times yesterday to generate code snippets that I could have figured out myself but took a couple of prompts using ChatGPT.
I've used ChatGPT dozens of times in my D&D campaign for things like "generate a bunch of random dwarves with names and occupations, don't use Tolkien names"
People who say it "can not solve anything" are delusional.
GitHub Copilot is a good example. It may just be a glorified autocomplete, but it's really good and sometimes predicts 20 line functions exactly as I'd have written them.
Really good stochastic parrots are useful.
The AI Utopia that was imaged was a world of AI robots all doing our labor so everyone can sit around being "creative" and artist, no on would have to clean the streets, pickup trash, work in that factory etc... We would have a utopia where humans would just be free loving creatives all sitting around painting, writing their great novels, etc...
The reality it, Humans will doing that manual labor for decades to come has AI replaces all creative jobs in a much quicker time...
Lot of the upcoming automation is going to be on the soft skill side. Those with kids now need to reset how they think of trade jobs and hands on work. It should be an option that is considered and certainly not frowned upon.
The problem is we have spent at least 3 generations looking down on physical labor, first world societies are in for some bad times. For me it looks like those bad times will get really bad in about 20 years, right when I should on a beach enjoying retirement, instead who knows....
This is already true even in the absence of AI.
No tech is going to change that.
Self Interest is core to the human experience people deny that at their own peril, it is why I believe in capitalism and reject socialism, i understand that all persons at all times work in their self interest anyone that claims their are not is lying to themselves.
The idea that higher intelligence has only been around 200,000 or so years and is far less refined than motor intelligence which has a good 500 million years of encoded information.
It's just a hypewave of people following eachother blindly without stopping to consider why we need an AI in the first place. We're not doing anything groundbreaking with it, in fact half the features we're shitting out with our AI experiments are things that have existed for a decade at this point, except we can now label it as an AI thing.
There are also plenty of ways to spend way more money than necessary. Plenty of great open source solutions that have almost caught up as we end 2023.