this post was submitted on 04 Oct 2024
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not only does he burn through cash, he burns through resources making life worse now for everybody: AI rivals crypto in resource waisting while not contributing at all to any improvements. I fail to see "brighter future" for us through AI as it is energy-intensive, unsustainable endeavor for which we are woefully unprepared both materially (energy efficiency, semiconductor manufacturing/recycling, etc) and psychologically (ethics etc.). Yeah, grand on paper, terrible in reality
What is really annoying is that there are a lot of really good data modeling applications, they are just in research areas. Generative AI is absolutely a waste of resources, but a ton of money and energy is spent on that instead of on the applications that are actually bearing fruit.
Generative AI is definitely useful - it's mighty putty. It fills in gaps and sticks things together wonderfully. It let's you easily do things near impossible before
It's also best used sparingly
AI is worse than crypto. Most crypto projects use proof of stake which is way more resource efficient than mining. Also the mining that does happen usually happens where there is excess generation instead of azure datacenters
some crypto learned to be efficient, others did not. We still do have crypto-mining botnets. Crypto remains to be useless to humanity and very profitable for few. Same with AI. Same with stock market. Instead of producing something of value we keep on burning through resources while selected few enjoy bonfire others have to fight to stay alive...