this post was submitted on 21 Oct 2024
933 points (97.3% liked)
Technology
59658 readers
2642 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Wow, a CEO who doesn’t buy into the hype? That’s astonishing.
I, for one, cannot wait for the bubble to burst so we can get back to some sense of sanity.
Edit>> Though if Baidu is investing in AI like all the rest, then maybe they just think they’ll be immune — in which case I’m sad again that I haven’t yet come across a CEO who calls bullshit on this nonsense.
AI will have its uses, and it has practical use cases such as helping people to walk or to speak or to translate in real time, etc. But we’re decades away from what all these CEOs seem to think they’re going to cash in on now. And it’ll be fun on some level watching them all be wrong.
They may just have kept their AI investments responsible—that is, not put more money into it than they can afford to lose. Keep in mind, Baidu is the Chinese equivalent of Google. They have a large, diversified business with many income streams. I expect they'll still be around after the bubble bursts.