Betteridge's law of headlines is an adage that states: "Any headline that ends in a question mark can be answered by the word no."
It is based on the assumption that if the publishers were confident that the answer was yes, they would have presented it as an assertion; by presenting it as a question, they are not accountable for whether it is correct or not.
Seems like a well written article and after I read it, I can't help but think there is definitely a bubble.
The question is... as someone who's invested in the stock market, what do you do? If the bubble bursts, I don't want to be in stocks. Do I want to be in bonds? Other than shorting the market which I'm not keen on doing, what's the best way to profit from the bubble bursting?
> [hallucinations therefore] AI can never be accurate or trusted enough to majorly disrupt the labour market through automation or augmentation, and this pool of revenue is never coming their way.
Humans drive really shit but we still let millions yolo it daily. You don’t need perfection to roll stuff out in real world, just good enough
The industry will certainly have to pull a rabbit out the hat here but I don’t think it’s a foregone conclusion that it won’t. Not so long ago the notion of revenue from language models wasn’t a thing, now it’s billions yet people can’t picture that number growing rapidly in future?
While I think there is an AI bubble I also think that when every big AI provider is claiming on earnings calls that they can't sell enough tokens to meet demand that the music will keep going at least a little longer. Combine that with positive unit economics for inference and there is at least a plausible business case that AI labs can make money soon. Anthropic claims as soon as the end of 2026 we'll see about that.
> Essentially, the amount of human labour needed to identify and correct these AI hallucinations is greater than the human labour saved by deploying the AI. As such, AI isn’t even a widely viable option for augmentation, let alone automation.
I have been saying variations of this across all social media platforms for the last six months, and every time I get savaged by tech bros. The pro-AI ideology absolutely insane.
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[ 5.2 ms ] story [ 28.9 ms ] threadIt is based on the assumption that if the publishers were confident that the answer was yes, they would have presented it as an assertion; by presenting it as a question, they are not accountable for whether it is correct or not.
The question is... as someone who's invested in the stock market, what do you do? If the bubble bursts, I don't want to be in stocks. Do I want to be in bonds? Other than shorting the market which I'm not keen on doing, what's the best way to profit from the bubble bursting?
Humans drive really shit but we still let millions yolo it daily. You don’t need perfection to roll stuff out in real world, just good enough
The industry will certainly have to pull a rabbit out the hat here but I don’t think it’s a foregone conclusion that it won’t. Not so long ago the notion of revenue from language models wasn’t a thing, now it’s billions yet people can’t picture that number growing rapidly in future?
I have been saying variations of this across all social media platforms for the last six months, and every time I get savaged by tech bros. The pro-AI ideology absolutely insane.