Comment by KaoruAoiShiho
18 days ago
You're probably just responding to the headline but this person is an AI bull and isn't claiming it's a big deal, she's going into it and explaining it.
18 days ago
You're probably just responding to the headline but this person is an AI bull and isn't claiming it's a big deal, she's going into it and explaining it.
It's a bad headline because most of the article isn't about circular financing and it's only 5.7% of anyway.
People are looking for the AI bear case - so this headline gotta work better. Its not a bad idea haha. More people suspect there is some circular shenanigans but want confirmation -- so maybe this is the best way to lure them in. Come as the bear, stay for the bull.
With just these 2 comments, now I'm really gonna read that article.
Can someone even outline the AI bull case? I can’t fathom one at all.
https://isaiprofitable.com/
The only profitable company is the one running the scam.
Do you use it or is this speculation?
The AI tooling I used 12-24 months ago if frozen in time, monetized correctly is probably 100x the capability of what software could do before (And software was already eating the world long before AI). The bull case is that we just invented the 21st century equivalent of the printing press or electricity. And that website is the 19th century equivalent of someone criticizing electricity as a concept because it would be expensive to build power lines.
If anything it's a miracle that the US economy is so efficient that we can just skip all the small talk and bullshit and build out the infrastructure to support AI immediately.
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One sentence summary of the bull case: Anything you would have paid a human to do, you will pay an AI to do instead.
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I use AI all the time and it is great.
That said, I'm aligned with you that I'm not clear who is profiting from it other than oligarchs. I'm also quite certain the valuations are fully in bubble territory, pricing in decades of profit I don't see playing out for the LLM vendors. That said, I think it'll be a bit before it deflates.
Way too many regular tech bros making money/invested in it for a reasonable discussion on the topic on HN, imo.
Just the look and feel and the subscribe fixed position in particular, made me bounce.
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