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   Baldur Bjarnason (baldur@toot.cafe)'s status on Wednesday, 25-Sep-2024 05:36:51 JST Baldur Bjarnason

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   This is not going to end well. The longer they keep the bubble going , the more of our current economy they’ll destroy or disrupt, the more the functional flaws and biases “AI” get ingrained into our systems, and the more off track we will get from mitigating the climate crisis

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     Baldur Bjarnason (baldur@toot.cafe)'s status on Wednesday, 25-Sep-2024 05:36:52 JST Baldur Bjarnason

     “Enterprise Philosophy and The First Wave of AI – Stratechery by Ben Thompson”

     https://stratechery.com/2024/enterprise-philosophy-and-the-first-wave-of-ai/

     > Benioff isn't talking about making _employees_ more productive, but rather _companies_; the verb that applies to employees is "augmented", which sounds much nicer than "replaced"; the ultimate goal is stated as well: business results.

     Reading this article will definitely spike your blood pressure. But it's key to understanding why the AI Bubble is likely to last a long while.

     Matthew Lyon repeated this.
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     Baldur Bjarnason (baldur@toot.cafe)'s status on Wednesday, 25-Sep-2024 05:36:52 JST Baldur Bjarnason

     in reply to

     Analysts and investors truly believe:

     1. That "AI" agents will reach human performance
     2. That they'll be able to displace the workforce en masse
     3. Huge profits will follow, despite all the mass unemployment and unrest

     Each of these is implausible on its own. Together they're a fantasy. But it shows why they're willing to lose billions upon billions in the short run: it'll let them get rid of the rest of us from the economy

     Matthew Lyon repeated this.