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Cory Doctorow Says the AI Industry Is About to Collapse

https://futurism.com/future-society/cory-doctorow-ai-collapse
8•merlinm•4mo ago

Comments

jqpabc123•4mo ago
Is there really even an "industry" at this point?

How many companies are actually making money (aka a positive cash flow) from deployed AI projects right now?

What we actually have today is mostly just speculation and hope and lots of venture capital being consumed at a very high rate.

bix6•4mo ago
It seems this week had a ridiculously high amount of calls about the AI bubble and it’s inevitable popping. Did something noteworthy happen?
tim333•4mo ago
That's a good question. I can't think of much news events, just people like Bezos and Doctorow saying stuff.
rsynnott•4mo ago
OpenAI’s numbers _might_ have been the trigger.
joules77•4mo ago
These kind of people make their living freaking out kids. I mean if you are that full of yourself, that you think your thoughts are critical to saving the lives of "millions and billions" of people why would you go and talk to a kid about it? Too many of these kind of pointless people being propped up. Monetizing fear and anxiety 24x7.
ChrisArchitect•4mo ago
[dupe] Discussion: https://news.ycombinator.com/item?id=45399893
FrankWilhoit•4mo ago
At least tulips are pretty.
tim333•4mo ago
>a third of the stock market is tied up in seven AI companies that have no way to become profitable

is giving a bit of a false impression. The top 6 companies in the US market, Nvidia, Microsoft, Apple, Google, Facebook and Amazon are very profitable. Maybe they'll lose a few billion on AI bets but that's kind of different.

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