Where's Your Ed At

The piece delivers a harsh critique of the tech industry's over-reliance on generative AI, questioning the optimism around OpenAI's revenue projections and the feasibility of its products. It highlights the dissonance between projected growth and actual performance, emphasizing the potential financial and industry-wide repercussions of an AI bubble. The post calls out the media's role in inflating expectations and suggests the broader tech sector is at risk due to a lack of sustainable innovation.

Reality Check

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You know what? Let's talk about why this bubble actually inflated!

This Bubble Was Also Inflated By The Failure of Google Search

Oh, By The Way, The Bubble Might Be Bursting

I get the frustration, the hype around AI is overwhelming and a lot of the projections feel like fantasy, but calling the whole thing a scam is way too extreme.
People are using AI in real ways for coding, writing, accessibility, customer support, … It’s clunky sometimes, sure, but it’s not useless. And inference costs are dropping over time with better chips and optimizations. The agents aren’t ready, but that doesn’t mean theyll never be. Early smartphones were kinda crap too, doesn’t mean the whole idea was broken.
We should absolutely be skeptical, but writing off the entire field as a grift ignores the real innovation happening under the surface.

Lest not forget the environmental and social price to pay. But how put that into numbers.