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The AI hype bubble is the new crypto hype bubble (pluralistic.net)
7 points by DoctorOW on March 9, 2023 | hide | past | favorite | 3 comments


I don't think the AI hype bubble is anything like the crypto hype bubble. For one thing, this AI very likely has actual uses.


Some hype bubbles are real though and pan out.


found the boring autocomplete criticism and the timnit is a genius blurb

> AI has all the hallmarks of a classic pump-and-dump, starting with terminology. AI isn't "artificial" and it's not "intelligent." "Machine learning" doesn't learn. On this week's Trashfuture podcast, they made an excellent (and profane and hilarious) case that ChatGPT is best understood as a sophisticated form of autocomplete – not our new robot overlord.

"some podcast told me ai is nothing but autocomplete, i will now use this bad analogy unthinkingly"

> the "stochastic parrots" paper, a comprehensive, measured roundup of criticisms of AI that led Google to fire Timnit Gebru, a respected AI researcher

virtue signal, in-group identifier

> Markets value automation primarily because automation allows capitalists to pay workers less

"tractors stole your subsistence farming lifestyle"




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