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48 sats \ 2 replies \ @kepford 6 Sep \ parent \ on: Debunking Alarmism over Artificial Intelligence econ
AI has utility. Not as much as the hype says. Not as much as the alarmists say either.
Here's a prediction though. There will be tradeoffs no one has considered. There usually are.
I mostly agree. Where I differ a bit is on the utility. I think the issue is more that we aren't as close to AI having immense utility as the hypers would have us believe.
It reminds me of the dot com bubble. The issue wasn't that the internet had less utility than people thought. The issue was that the utility was further in the future than they thought. Ultimately, the utility of the internet vastly exceeded expectations.
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aren't as close to AI having immense utility as the hypers would have us believe.
I agree with that. AI has been improving over the last 20 years. This is not the first time I've heard many of these predictions and your comparison to the dot com bubble is apt. That's what I think of as well. Along with the blockchain boom in the 2017 era.
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