this post was submitted on 14 Jul 2024
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AI is overhyped and unreliable -Goldman Sachs

https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/

"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks"

@[email protected]

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[–] [email protected] 57 points 2 months ago (15 children)

I remember saying a year ago when everybody was talking about the AI revolution: The AI revolution already happened. We've seen what it can do, and it won't expand much more.

Most people were shocked by that statement because it seemed like AI was just getting started. But here we are, a year later, and I still think it's true.

[–] [email protected] 2 points 2 months ago (1 children)

It'll expand but it will take 5-10 years. Just like Web 1.0 and 2.0.

[–] [email protected] 8 points 2 months ago

Not with the current tech. It can go faster, have more detailed output, maybe consume less too, but there seems to be a ceiling on what LLM and their derivative can do. There has been no improvement in that regard, and people that look into it are pretty confident that it won't happen at this point.

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