Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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251

The Number of People Using AI at Work Is Suddenly Falling (futurism.com)

submitted 2 days ago by ThefuzzyFurryComrade@pawb.social to c/fuck_ai@lemmy.world

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[–] Zink@programming.dev 10 points 1 day ago

It sure sounds like it's time to check my 401k and get out of US stock based funds while there's still something left.

The current Shiller PE ratio is over 40. The only other time it was that high in recorded history was 1999 into 2000. And that uniquely crazy time was due to... lemme just check my notes... a massive tech bubble. Fantastic.

The mean and median for the ratio are both below 20. I like the graph on this site: https://www.multpl.com/shiller-pe

(for anybody not familiar, the PE ratio or P/E stands for price/earnings, or how high the stock price is relative to how much money the company makes)