#ai

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With the International Monetary Fund & the Bank of England both warning yesterday that the AI driven stock market boom may actually be a unsustainable bubble (although valuations are yet to hit the peak multiple of earnings seen n the Dotcom boom), it will be of no surprise to you that there are also many arguing that 'this time its different'.

And of course, a lead indicator of a crash is when one hears this very claim.

The AI crash is coming the only real Q. is when?


h/t FT

We don't even need some "evil AGI" that starts WW3 or disabled energy grids, or whatever other million reason to make life for humans miserable

We just need to continue down this stupid LLM AI road we are currently on with building ever bigger energy eating farms just to feed the consumtion of creating even more fake videos, news and other content

And like always just a few are getting rich over the work of the rest

Pessimist or realist... I don't know anymore

video is used for disinformation to excite MAGA supporters. From my observation of right-leaning people on Facebook that sometimes pollute my feed, it doesn’t matter to most of them if images and videos are fake, as long as they arouse the right emotions.

I re-read Umberto Eco’s “Ur-Fascism” yesterday, and this kind of uncritical acceptance of anything that boosts a Fascist supporter’s mythology is exactly what Eco calls “syncretistic faith”: only the vibes matter; to distinguish between truth and fiction is a sign of modernism, which is essentially treason. https://flipboard.com/@gizmodo/tech-fknh6odjz/-/a-9Ro5P6CBRHyP4R8mbetUmg%3Aa%3A1876139665-%2F0