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Comment by DebtDeflation

6 days ago

> Some of the smartest people I know share a bone-deep belief that AI is a fad — the next iteration of NFT mania

It's not that it's a fad. It's that the hype has gotten way ahead of the capability. CEOs laying off double digit percentages of their workforce because they believe that in 6 months AI will actually be able to do all those jobs and they want to get the message out to Wall St to juice the stock price today.

Both things can be true, and in my view, they are. I think there is a lot of "there" there with these tools, and increasingly so, and also that lots of people are out over their skis with the hype.

The key is to learn the useful tools and techniques while remaining realistic and open-eyed about their limitations.

  • That's why I said AI is not a fad. It's everywhere and is providing real utility. It's just not going to let CEOs replace the majority of their workforce like they think it will.

    • Yeah. I'm not sure how many of them think this. I think they mostly are paying attention, making sure their businesses aren't falling behind competitors, but also hedging their bets.