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209

'At some point you've got to make money': Goldman's top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs (fortune.com)

submitted 4 hours ago by sanitation@lemmy.today to c/technology@lemmy.world

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[–] Hond@piefed.social 23 points 4 hours ago (2 children)

Probably the least controversial take on the threadiverse but i stumpled upon Ed Zitrons Blog like maybe two years ago. I've read a few posts of him since then and i just watch the shitshow unfold tbh. Its not that i 100% believe in his predictions. But he has made his point. I'm just an average fuck. I dont know shit. But it was so far the most believable and backed up assessment of the current AI situation.

I make barely enough money to afford my rent in bumfuck europe. How the fuck am i more informed about AI then some CEO? WTF.

[–] Feyd@programming.dev 34 points 4 hours ago (1 children)

replacing human workers is their fondest dream so they want to believe so hard
they have FOMO "everyone else is doing it and I don't want to lose out"
everyone else is doing it and if they didn't do it and were wrong, it would be worse for their reputation than following the pack and being wrong
c suite types talk to each other and they've formed an echo chamber

In summary, CEOs (of large public companies anyway - your mom and pop plumber could also be a CEO) are not smarter than the average person. Just more amoral and having the connections to be CEOs

[–] ramble81@lemmy.zip 2 points 1 hour ago

The last 2 bullets are so damn true. And trying to argue that is just pointless. So I’ve shifted to the money part of it and have asked “how are you preparing for the bubble to burst?” and back it up with that data.

[–] AbsolutelyNotAVelociraptor@piefed.social 11 points 4 hours ago

It's not that you're more informed. It's simply that you have to worry about consequences of mismanaging money where a CEO... well, hasn't.