AI hype has echoes of the telecoms boom and bust
AI hype has echoes of the telecoms boom and bust
You're viewing a single thread.
fwiw telecoms (or i guess its direct predecessor in many cases?) is so ubiquitous that it's virtually an appliance. It's unlikely that you even know anyone who doesn't use telecommunications at least five times a day. probably a hot take but: AI sucks, but so did the steam engine three years after it's debut. It was a gimmick that broke all the time and, even when it was working in full, could barely be finagled into doing a very small array of specific tasks. And then it got better. Check back on AI in ten years.
The reason for this bubble-looking graph is that all of the capitalization of low-hanging fruit gets completed and then the company has to start operating with slimmer margins. Cisco has almost a hundred thousand employees and 57 billion dollars of revenue, they just aren't growing quite as fast any more.
Permanently Deleted
Open and free models have been released that are almost entirely in lockstep with proprietary ones as far as I know
What do you mean?
Like the competitiveness of open models versus Op*nAI and the like. I don't see a reason to pay myself. The few times I've asked something to spit out the husk of a program in a language I'll never learn or use again, the commercial options were just as competent as the open one that ran locally.
Image generators are pretty much on par whether proprietary or open from what I can tell. Haven't really messed with voice or anything else myself.