cross-posted from: https://lemmy.world/post/44116850
The insane AI push is purely driven by fear of being left behind.
No one is actually stopping to ask whether it is all worth it.
As long as it bursts after the bonus clears
No one is stopping to ask whether it’s all worth it? … Actually, I think millions of us make comments to that extent every day. We’re kind of upset that these scam artists are dominating the stock market enough to fuck with our retirement plans. If the rich people were gambling with their own money, that would be stellar. But they aren’t. And… I sure wish we could stop them.
And… I sure wish we could stop them.
Most 401k plans have some options that can reduce or eliminate stock owned in the biggest tech companies, at least.
Selling any “Large Cap” or “Full Index” stocks, and buying into a Mid-Cap Index should drastically reduce ones 401k’s risk from and participation in the current tech bubble.
This is why we could, and should, replace most CEOs with AI. If someone is going to make bad decisions, we could at least avoid paying them hundreds of millions of dollars to do it.
Yeah, the people in charge are gobsmackingly stupid.
You would fire any employee for this level of incompetence. For some strange reason meritocracy doesn’t exist at the leadership level anymore when that is the most important place for it.
Every company still investing in AI knowing their is no return should be broken up and disbanded at this point for gross financial negligence.
The dot-com bubble burst, but…well, it got better.
Of course there were some casualties (famously pets.com), but Microsoft, Cisco, Intel, Amazon…yeah they got their clock cleaned at the time, but long term they were pretty successful.
So the MOFOs have FOMO?
I followed AI developments in the beginning, but it felt like really effective use cases were always just out of reach.
Last time I was using AI was before “Agentic” AI was a thing (it was just around the corner).
Can anyone clue me in, is AI still making forward progress? I feel like if there was a massive change or breakthrough it would be HUGE news, but I also imagine slow incremental progress could eventually build up to being a breakthrough.
I understand that it is still way too prone to errors and hallucinations to be trusted with serious tasks, but have there been any noteworthy improvements?
LLM-based coding agents have become useful to the point that people are building large software projects without humans writing or reviewing code directly. The naive approach to that will result in disaster if used in a production environment, but practices to improve reliability are evolving.
Popular opinion seems to be that Claude Opus 4.5 was the tipping point for this.
Text book example of “I know what I am doing is stupid, but everyone else is doing it and I’m more intelligent so when consequences arrive, they’ll affect everyone except me”.
Obviously because their own personal line goes up even if the companies they run go down. They just leave and go somewhere else. That class doesn’t seem to actually care if someone’s good at shit all that matters is they have lots of money which to them means they must be smart.
However it is also fomo but that’s a big dick measuring contest for them anyways.
