There’s a small problem with the AI industry: It’s making absolutely no money
In addition to myriad ethical and environmental concerns, it’s not even financially advantageous … so why are we being forcibly marched into this?
Via Futurism
Same as it was with Uber, AirBnB and Netflix. Floated by industry capital to try and destroy workers rights and barging chips as well as public infrastructure. Though I lost on what they're trying to replace. Or is it a NFT and Crypto thing where a bunch of tech-idiots are huffing their own air?
Okay this might sound strange and I do not want to defend any of them but isn't that normal for most big businesses at the beginning?
Amazon lost millions for years until they made a profit.
I noted this in a column last month on AI pushing hard into Hollywood
“According to at least one recent headline: ‘Payoff from AI projects is “dismal” biz leaders complain.’ Despite the marketing and propaganda, AI isn’t even the golden goose”
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