The A.I. Bubble is Bursting with Ed Zitron

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Published 2024-07-03
Big tech is betting tens of billions of dollars on AI being the next big thing, but what if it isn't? ChatGPT burns obscene amounts of cash daily with little return, Google's AI dispenses useless and sometimes dangerous advice, and a recent study showed that tech companies will soon run out of new training data to improve their AI models. If AI is really so costly, unreliable, and limited, what happens to the industry that has bet so big on it? This week, Adam talks with journalist and influential tech critic Ed Zitron of wheresyoured.at to discuss the impending burst of the AI bubble, the hubris of Silicon Valley, and how we suffer under big tech's "Rot Economy."

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All Comments (21)
  • "I want ai to do my laundry and dishes so that I can do art and writing, not for ai to do art and writing so that I can do my laundry and dishes." - Joanna Maciejewska
  • @Kalepsis
    The reason social media sites don't work as social media sites is because they're not social media sites. They're ad delivery platforms.
  • @WWZenaDo
    "All things are justified for growth" is the motto of a cancerous tumor.
  • @lakegroce685
    I was a little grumpy this morning because I had to come into work early but hearing that Chatgpt loses 700,000$ dollars a day makes it all worth it.
  • @lynnswayze
    "The rot economy" -- what an apt term for the enshittification we're experiencing across the board.
  • @ariloulei814
    My AI professor literally told me Artificial Intelligence is at best a projection of Computer Scientist goals and at worst a marketing term to fool people.
  • @anmolt3840051
    What I most worry about is the ABSOLUTELY HUMONGOUS amount of power that these companies and products consume for not really doing anything productive whatsoever
  • AI is an incredible achievement. It takes an insane amount of effort from thousands of supposedly smart people to make computers bad at math.
  • @HollyJokerst
    None of this AI false hype surprises me. I live in a big tech city, and the attitude of "new technology is inherently good and worth using and we're not going to ask ourselves whether it actually improves our lives" is super prevalent
  • @EpicPrawn
    "What if all of your emails could be in the room around you?" Me, who has worked at an extremely understaffed customer help center: please no
  • The fact that this conversation basicqlly didnt include at all the blatant theft that is happening with "Training Data" is fucking wild.
  • @SpaceTheAge
    Why would I read a book that nobody bothered to write? Comes to mind when they talk about AI
  • @leahwilson9152
    The best thing they could do with AI is automate away CEOs and give their paychecks to the workers
  • @Bringthapain
    My company announced they want to add AI to our job to make it “easier” yet I’m like “Can’t we just get an extra day off and keep our pay?” 😒
  • @redtailarts101
    My personal fear with AI is that people won't care about what's good, and studios will create shitty AI scripts for movies, then move to shitty AI animation when they can, and so many people will hop on it that it's all we get.
  • I asked ChatGPT to write effective business letter. The result is cliche-filled, wordy letter that I still need to edit.
  • @Jottagelado
    Last week my logitech mouse driver poped up anoucing their new ai stuff. what the fuck does my mouse drive need ai for, this is nft all over again, but worse
  • @ChristianIce
    One factor to consider when we talk about bubbles. Not all investors are dumb, but the smart ones know when to put money in a bubble, and when to sell and run away. That makes it pop even stronger.
  • Great video, but it's disappointing that you don't discuss the blatant and utter disregard for ethics that the entire AI "industry" has for stealing everything it can get its hands on
  • @goodrobotsai
    I work in Tech and everything you have said is Spot on. AI has existed for a long time before these Tech Bros in Silicon Valley decided to latch onto it. What I want to know is who is going to 'Bailout' these idiots when the stock market crashes? Because it will when everyone catches up to their grift.