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21 sats \ 4 replies \ @Satosora 10 Jun 2024 \ on: The Unsustainable AI-Driven Lending Boom econ
This AI boom is kind of suspicious.
All of these high tech companies are getting into it.
They are all going to produce the same thing, right?
Its AI, it learns from data.
What will make one better than the other?
There are so many nuances to data analysis, especially when it involves people. The entire field of econometrics is dedicated to working out the right methodologies to employ in different situations.
The difficulty of getting causal inference correct is the main reason I’m skeptical of some of the AI expectations. It’s going to generate a bunch of horribly biased results and spurious correlations, because there’s no generalized approach that can be automated.
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What happens when an rogue ai gets loose?
I remember someplace where the ai started talking to each other and creating its own language.
Who will be the oversight?
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That’s above my pay grade.
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I thought that was what Musk was afraid of.
Suddenly I hear that he is making his own AI now.
Sudden 360.
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