← Back to context

Comment by Mistletoe

1 day ago

AI made me this summary (I’ve grown quite weary of reading AI think pieces) and it seems like a really good comparison.

>The article "AI Will Not Make You Rich" argues that generative AI is unlikely to create widespread wealth for investors and entrepreneurs. The author, Jerry Neumann, compares AI to past technological revolutions, suggesting it's more like shipping containerization than the microprocessor. He posits that while containerization was a transformative technology, its value was spread so thinly that few profited, with the primary beneficiaries being customers.

>The article highlights that AI is already a well-known and scrutinized technology, unlike the early days of the personal computer, which began as an obscure hobbyist project. The author suggests that the real opportunities for profit will come from "fishing downstream" by investing in sectors that use AI to increase productivity, such as professional services, healthcare, and education, rather than investing in the AI infrastructure and model builders themselves.

I used to be the biggest AI hater around, but I’m finding it actually useful these days and another tool in the toolbox.

Did you read the article or you just relied on the AI generated summary? Lots of people argue that this kind of shortcut will make us dumber and the argument does make sense.