Comment by izzydata
1 hour ago
My impression of companies pushing AI so heavily is that they are basically being forced to do it by it merely existing. Imagine if AI really is as powerful as it is suggested to be and you didn't jump on the bandwagon. Then you would be behind. So by it existing and other companies using it, you have to as well because even if it turns out to be a failure at least everyone else will have failed too and you are on an even playing field.
You could kind of use that line of thinking to justify spending on anything.
There is a fad every few years that uses similar thinking to justify spending. Sometimes they work out sometimes they don't. But they never work out as good as the most optimistic predictions.
I commented on wasteful AI spending, and my father immediately started talking about how he "went through that a couple of times" as a manager at an oil company.
The unusual thing is perhaps how global and cross industry it seems.
Usually, someone extracts genuine value at the expense of everything else IMO. And the enshittification continues apace.