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   Jonathan Kamens (jik@federate.social)'s status on Wednesday, 22-May-2024 21:59:31 JST Jonathan Kamens

   • Tokyo Outsider (337ppm)

   @tokyo_0 It's just like every other bubble. Two different kinds of players:
   1) Trying to pump up the bubble and then cash out before it pops.
   2) True believers who, as another reply pointed out, think this time will be different.
   Also, a lot of the people in category 2 think even if they're wrong they can just fall back on category 1, i.e., cash out before the shit hits the fan.

   • Embed this notice
     John Mark :blobcatverified: ☑️ (johnmark@freeradical.zone)'s status on Wednesday, 22-May-2024 21:43:01 JST John Mark :blobcatverified: ☑️

     • Tokyo Outsider (337ppm)

     @tokyo_0 "This time it's different."

     For those of us who have been in this industry a long time, this is entirely on brand and not surprising. You underestimate the power of greed and FOMO. To answer your question, they're not thinking about next year or the next couple of years and they're definitely not thinking about societal impact.

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     Adnan 🦙 (adnan@1210.nl)'s status on Wednesday, 22-May-2024 21:59:23 JST Adnan 🦙

     • Tokyo Outsider (337ppm)

     @tokyo_0 They are selling more cloud capacity and more powerful machines. I don’t who else is actually profiting from AI in 2024.

   • Embed this notice
     Jonathan Kamens (jik@federate.social)'s status on Monday, 27-May-2024 00:14:33 JST Jonathan Kamens

     in reply to

     • Tokyo Outsider (337ppm)

     @tokyo_0 The denial about the fundamental problems with gen AI is like all the other kinds of denial and wishful thinking we see people engaging in nowadays.
     The one that comes to mind first is COVID. Anyone who takes the time to understand what we already know about COVID can't help but conclude that society is writing a Long COVID check that we can't cash. And yet the vast majority of the population has decided to remain ignorant or cling to baseless hope that "we'll figure something out."