I just phoned a business today that ended up with an “AI receptionist” when they didn’t answer the phone.
They wanted to take my name down, asked who I was leaving a message for, and then recorded the message…
My god what a painful process that was. It was absolutely useless. Firstly it got my name wrong, and then the name of the person I was leaving the message for wrong. No “Janet” my name is not Don it’s John, and no I’m not leaving a message for Kim Its for Kam. And then it needs to repeat your entire message back to you in order to make sure it didn’t fuck it up which amazingly the message was probably 95% okay but it was a giant waste of my time when a FUCKIN VOICEMAIL WOULD HAVE SUFFICED
Had an issue with Comcast today. They forced me to use their Xfinity app, but what I needed to do wasn’t an apparent option within the app. The only option I saw was a support chatbot. The chatbot listed a link to the option I was looking for. The link opened a webview within the Xfinity app, in which there was a link to download the Xfinity app.
Unnecessary Apps and chat bots. Two of my least favorite things referring me back and forth, forever, in an endless loop.
comcast is probably the worst cs, plus they always trying to pedal you shit.
Peddle but yes, they’re monsters
referring me back and forth, forever, in an endless loop
Just like they intended.
an online store, for games used a fully AI agent as a CS, it was giving them the run around, till i kept asking about escalting it, finally it was able to either contact them shortly or through email.
I’m reading along and I’m im like, “yep that’s dumb and that’s dumb, and that’s dumb. Yep that’s dumb and that’s dumb too.”
Then I read the last 7 words and, “Oof… yeah that is REALLY FUCKING DUMB”
Well yeah. Sam Altman just came out and basically said he needs a few trillion dollars and government backed loans. This shit is going to be BAD.
Yay, yet another once in a lifetime financial crisis.
Capitalism is the only way ;)
This is in a category I’d like to call hopebait. People so badly wish things they feel are bad simply stopped themselves, that they’ll upvote anything that appears to confirm this.
In this instance, there is nothing of substance in this article to suggest the end of anything is anywhere near in sight.
One guy, who makes bets constantly, made another bet.
Seriously the stock market can remain irrational longer than you can stay solvent.
People are idiots.
Is there a consensus there’s an AI bubble? Sure?
Can anyone predict what will happen? LOfuckingL
I’ve got a problem with articles like this: “The guy who got it right once is betting a second time he’s going to get it right”. and then the article continues: “Even though he’s got it wrong a bunch of times since, he got it right that one time… So this has gotta be his second time!!”
The odds of being right x times in a row must be really low, correct?
What does his height have to do with anything? Are we body shaming?
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Huh. I understood that as “big player in shorting world”
You understood that part correctly, but misunderstood the joke
It’s a movie title ‘the big short’ which tells the story about the housing market bubble crash
Has anyone else noticed the recent resurgence of mechanical turk jobs? It’s all AI training work. Before the work was doing tasks directly. Now they have people training tailored AI models.
In other words the tech bros have found get another way to shoehorn themselves in as a middle man. Instead of having workers do the work itself. Now the work is delegated to AI. Which is trained to do the task by humans.
At first it said the LLM era was the end of mechanical turk work. It’s going in a circle back to mechanical turks again.
My money is on the American bubble popping. China would do just fine. As to Europe’s? Probably not developed enough to seriously impact them, but probably able to fill America’s void once the bubble action has died down. America is pretty fucked in general, so it isn’t so much AI in particular, but rather a ghost economy.
Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.
Most of the European digital infrastructure is caught in the web of Microsoft, and will be pulled down with it when Microsoft inevitably lose their bets on AI.
Pulled down how? They will just keep using office or azure or whatever. No changes.
Seems to me that the Microsoft stock may drop 20% but otherwise, what consequences will it really have on European markets?
Europe should focus mlre on using mivrosoft, google and amazon (european) alternatives
Something based on imaginary stocks, grift, de-industrialization, ghost jobs and falsified labor statistics, likely mixed with a debased dollar, just doesn’t bode well.
This is literally describes China, what are you even talking about?
It is a matter of degree. While China has issues, America’s is much worse across the board.
Again, what are you even talking about? Literally everything you listed China is doing much worse in, not to mention other major issues like a demographic crises on top of everything else.
You’re an actual moron if you truly believe that.
even if chinas AI doesnt work out, they probably do a slow deliberate fall, orchestrated by the ccp. much like they did with the evergrande ponzi scheme.
What a shitty take. Imagine betting on something with a poor human rights record and countless privacy violation. America may have it’s faults, but it will get ironed out like it always does. I’m hoping for everybody’s sake that China doesn’t become the new global superpower. America has the soft power thing down to the t at least.
As for the other claims you made, source?
In my humble opinion Bush kind of fucked America up, but that is fixable.
Dude. I live in the US, and would like it to be a super-awesome place that genuinely leads the world in morality and prosperity.
Unfortunately, my nation has been going down the toilet. If you haven’t noticed, things like ICE’s raid on Hyundai, the undeclared war and crimes upon Venuzela, over 1,800 people disappeared from Alligator Alcatraz, Mike Johnson refusing to open congress, the SNAP denial, and other bouts of malicious stupidity are very bad signs for the future.
In any case, I don’t like China, but it is likely to be a superpower for awhile until India or someone else takes the crown. The crown was America’s to lose, and I am pretty sure we are losing it.
There’s an AI bubble?
I was pretty certain it was grifts all the way down lol
This is the most accurate take I have yet seen.
I’m thankfully OoL enough but I guarantee there are some AI backed crypto out there which is so deliciously awesome given the double down on smoke and mirrors.
I think it’s all the way up in this case
I do think there is an AI bubble, but “guy who bets against things, bets against the latest thing”
It’s like the dotcom bubble. Everyone got all excited thinking the internet would be the next big thing, change the world, revolutionize the way we do business. And it did. But not without a lot of hot air and snake oil getting sold along the way.
Not really comparable, maybe. This is more scam and less substance… There is no definition of “AI”, is there? If you bring up the fundamental problems with genAI, they just pivot to expert systems. Classic scam artistry. They know they’re selling hot air, promising digital workers that are already complete failures.
Of course computers will continue to be used in various ways … Just like we’ve seen since 1951, right?
I can easily imagine having this conversation with someone in the late 90s, when there was so much excitement about the internet. If, as a skeptic, you were to ask me why the internet was really needed or why anyone would take the trouble to connect to it on a daily basis, I wouldn’t have been able to give a complete and correct answer, not being able to predict the future with any accuracy.
But AI is already super useful as a tool for sifting through data, finding patterns and acting based on patterns. Its potential applications in medical diagnostics or surveillance (yes, I hate that too but it is what it is) are huge. People like to shit on LLMs but they do go beyond what search engines or scripts can do. But the real question is what AI will be in the next decade or so. And much like the internet in its early days, we can only guess at its future capabilities, how it will integrate with our lives, what will take off, and what is just a scam. Everyone is selling ideas that don’t work yet but seem exciting. But just because it’s inflated, oversold, and often untrustworthy, doesn’t mean that AI as a whole is just a mirage. It will be huge, and change our world fundamentally. That said, I’m still shorting Palantir ;)
sifting through data, finding patterns and acting based on patterns. Its potential applications in medical diagnostics or surveillance …
Those are the "expert systems’ they were talking about. ML systems and not genAI. They are not the AI people mean when they use the word AI.
If he needs a straight pin to pop it I can send him a couple
Now I most definitely don’t want it to pop 🤣 moreso because the reality is the bubble popping doesn’t hurt them it only hurts all the idiots who spent their meager earnings on this shit.
The rich never suffer, other than having to buy the smaller yacht.
A billion dollar bet against a trillion dollar bubble. Cute.
That really depends on how much money he has.
I could t afford to bet nearly much against it but I would if the returns wouldn’t be enough to buy a soda.
I don’t follow the AI bubble trend at all. But I have been seeing alot of videos all of a sudden, popping up in my recommended talking about it. Who knows.
I don’t follow the AI bubble trend at all. But I have been seeing alot of videos all of a sudden, popping up in my recommended talking about it. Who knows.
A few banks started issuing warnings, and some of the “biggest upcoming launches” were extremely underwhelming, like Sora 2 and GPT 5. Not only that, but the companies going all in on replacing workers with AI are still not showing a clear return on investment, so this combination is making people more aware about the bubble.
I just saw a TV commercial for a special series the local news is doing on traffic issues, and they used several quick background graphics, and at least one quick film clip that were obviously AI-generated.
You can argue over the appropriateness of AI, but most people would agree that it doesn’t belong anywhere near a news broadcast. If you don’t have footage, it is highly unethical to create footage to juice up your news reports.
It’s only pervasive because the AI companies are losing money on every generated token while burning investor money to keep the lights on. If people had to pay for what it really costs they’d be using it a lot less.
I think you responded to the wrong comment.
I don’t follow the AI bubble trend at all
I was responding to you finally noticing how pervasive it is getting.
I don’t follow the AI bubble trend at all
It was relevant to your noticing how prevalent it is getting.
It is a gamble for sure against innovation and a blind one too. I say this as it is clear right now that scaling up LLMs while very effective at substantially improving many AI metrics, it really did not have much impact on logic. I have been calling this the Cognitive Gap and it is really holding back AI.
Clearly the big LLM companies do not have a solution to this gap despite efforts like the reasoning models and that likely means we need an entirely different tech to front end LLMs or replace them.
This begs the question…who has a line of sight on how to scale up logic and the answer as near as I can tell is no one right now. Maybe there is something in a lab somewhere, or even with just a small team or individual, but it is not presently visible. It could come out any day now and make all those Data Center investments worthwhile or may take years before we see the Cognitive Gap close which will really make those same Data Centers completely out of alignment with the value they bring.
Shorting the AI industry is a roll of the dice, but less so than the blind investments still happening in Data Centres despite no clear path to improve logic and close the Cognitive Gap. In fact shorting seems like the safer bet.
Going to be interesting as if the Cognative Gap is not closed for years to come, those Data Center investments are never going to pay off as the value will just not be there. The entire USA economy is tied to AI it seems right now so the roll of the dice is perhaps the biggest risk / reward in history.
And even if they solve some problems with AI and make them smarter, they still have to solve the “actually making a profit” problem to justify these share prices. LLMs already have some use at their current level, but certainly not for the price they’d need to charge to break even, let alone actually making a profit. If they double the smarts but double the training and/or inference cost, they’ll still end up in the same place.
I read a stat that if the true costs of AI was past onto users it would 42 times more expensive or something along those lines. Who know the right number, but it is obviously out of alignment with the value AI is able to bring today. Imagine instead of $20 / month it was $840 / month to just break even.
Funny thing is even that number would be based on all the people who can pay 20 but not 800. If it all has to be balanced by the users it would probably be an order of magnitude… Or the market would play like it logically should and it would be like 3 companies paying a million a month. But what would they do with it? Sell it at a loss for like 20 per user and hope they figure out some way to make money :)
