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Remember in the mid-90s when people talked about the internet being a fad? I think AI is a fad in the same way, which is to say not a fad at all no matter how much certain entrenched interests wish it were so.


You're agreeing with the author. The Internet lasted. Webvan and pets.com not so much.


Now we have Instacart and Chewy so the concepts lasted but early adopters not so much.


> Remember in the mid-90s when people talked about the internet being a fad?

People keep bringing this up and it is pure bullshit.

I lived through the 90's and the Internet was never seen as a fad back then. It was hyped through the whole decade as the future, in many ways rightfully so. The hype was so strong that it culminated in the dotcom bubble early next decade.

You may think that AI skepticism is due to "entrenched interests" that want it to be a fad, I argue that AI hype is due to "entrenched interests" wishing that all overprimises are real.

I regularly use AI - Mosltly local models with either Ollama or Stable Diffusion.

I find it mildly useful in some specific scenarios, but very far from being comparable to the internet in terms of how ubiquitous and necessary it might become.


Fad wasn't the word used, but the Internet was described as a "bubble" widely and often.


Well, it was a bubble. There was a major burst in the turn of the century that proved it, with many consequences.

A bubble just meant that the valuation of internet companies at the time were overinflated and detached from reality, not that the Internet as a technology was useless.

I think comparing AI to the internet in terms of usefulness is absolute wishful thinking thinking. The Internet was a major inflection point in the history of the world, maybe in the same magnitude of the advent of computers or the industrial revolution.

AI (and we should be clear that we are actually talking about Generative AI in this context) is an interesting tech, may be pretty useful in some contexts, but it is not in the same league of the previous examples.


Can you specify which are these "entrenched interests"?


> Can you specify which are these "entrenched interests"?

Labor (meaning anyone who works for a living) and anyone who's not prioritizing shareholder value above all else.


Good luck with that. It's not your fault (hopefully). No really we all wanna pat your head, but not until we see results. Bring it fucker.

In the meantime you should expect everything to fall apart for reasons you're completely ignorant of and disconnected from. Maybe your fault? Who knows and who cares? hahahahahah

You can roll over your investments as we all do. You gotta think about number one. Act quickly. You're supposed to be smart money not dumb money...




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