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Why can't people see the implications of ai tech for the future?

Today, I posted comment on grapevine about how AI is different from industrial revolution, pc, mobile, internet revolution which created very high paying jobs. However grapeviners started ridiculing me. it’s weird it feels like most people both in and outside of ai aren’t able or unwilling to extrapolate the current level of technology even one iteration into the future and plan for it. I have been having these severe arguments with my peers who think that will never replace us. Like HOW CAN YOU BE SO SHORT SIGHTED. Just 3 months ago i was showing ai art and talking about how it is gonna replace artists, and one my peers just said "ai can't draw hands so it will never replace artists" like BRUH DONT YOU FUCKING SEE THE BIGGER PICTURE. Can't you see the rate at which it's progressing? How can you claim that it won't replace us in the future, they act like the ai is static and that it doesn't learn. It's so frustrating. Now when ai can't draw hands, they will just pick something else like "yea but it can't do this" like BRUH YOU SAID THE SAME SHIT A MONTH AGO. WHY CANT TOU SEE THAT ITS FUCKING EVOLVING. ARE YOU ALL BLIND??? They say ai is stupid and that our future will remain like our present. I mentioned an example of how a small group of artists were replaced by a company, and they just said "but that's just a small group of people" LIKE BROOOOOOOOOO YOU WERE SAYING THEY WOULDNT BE REPLACED AT ALL A FEW MONTHS AGO, CANT YOU SEE WHERE WE ARE HEADING? When i talk about this, they just accuse me, calling me an overthinker, and that is should spend my time doing something else. "If you like ai so much, then why don't you just marry it?" Where does this stupid thought process come from, why can't they see into the future, yes the tech sucks now but can't you see the rate at which it has been improving???

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So many posts about AI taking our jobs. My take on it.

Everyday I open youtube/grapevine/teamblind its has keywords AI + Shocked or it will replace our jobs. My take on why AI might not replace our jobs. 1. Running AI agents or AGI requires significant electric power. If every company starts using it in some way in the future. All the code might be exposed. What if AGI builds its own version and starts selling and shuts down its employer considering its super intelligence. 2. If people dont pay taxes. How will government run? Who will buy the products in the market? Wont people start stealing/hurting others to meet basic needs? 3. Many jobs in todays world use computers in someform. But we only talk about the software engineers. There are non tech people who use computers in their works. Those are pretty much repetitive and can be easily automated. Many are not aware about chatgpt. On the other end people talk about alternative jobs and the safest job is farming in most of the posts. 1. Cant the rich build humanoid robots to do the same. Can't big corporates buy lands and build vertical farms and run with robots. 2. What big corporates are going to do with the excess money laying us off in the end if all the jobs are taken, as if the people running or owning them are going to live their life eternally. Unless they find a way to upload their existence into a robot. 3. I'm not sure if people posting about AI taking jobs have worked on atleast building basic ML models like linear regression or used MNIST data to detect numbers using neural networks. For most of us AI is a blackbox and we do not know about its full potential. My take on AI 1. AI can aid humans in their tasks or make developers like us to wear multiple hats. Like combination of backend, frontend, mobile, devops, machine learning, cybersecurity. Helpnus better debug. 2. I feel like all these CxO's just blabber to get high funding, spread fear while they chill in their yatch. Let me know your thoughts on this.

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Indian Startups on

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Microsoft

AI is a Trillion Dollar time bomb [CNBC]

Here's a summary from Perplexity of the key points from the best video on AI that I have seen recently: Excessive Spending: Major tech companies like Meta, Google, and Amazon have significantly increased their capital expenditure (capex) to build AI infrastructure and stay competitive in the rapidly evolving AI landscape. Low Returns: Despite the enormous investments, the returns on these AI investments are not yet matching the level of spending, creating a potentially unsustainable situation. Microsoft's Investments: The video specifically mentions Microsoft's substantial investments in AI, including a $13 billion investment in OpenAI. Contrasting Partnerships: An interesting point raised is that while Microsoft invested heavily in OpenAI, Apple reportedly secured a partnership with the same company for free just 18 months later, suggesting potential inefficiencies in how companies are approaching AI partnerships and investments. Industry-wide Concern: The video suggests that this pattern of high spending and low returns is not limited to a few companies but is a broader trend in the AI industry. Future Implications: The "time bomb" metaphor implies that if this trend continues, it could lead to significant financial challenges for companies heavily invested in AI development.

There’s a time bomb ticking in the AI space: spending is too high, and returns are too low. Megacaps like Meta, Google and Amazon have seen ...

https://www.youtube.com/watch?v=dx-tMK7w5g8

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