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Baidu CEO warns AI is just an inevitable bubble — 99% of AI companies are at risk of failing when the bubble bursts (www.tomshardware.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 11 points 1 month ago

Aw, only 99%?

[–] [email protected] 10 points 1 month ago (1 children)

The AI bubble might be the 2020s' dotcom bubble.

[–] [email protected] 5 points 1 month ago* (last edited 1 month ago) (1 children)

Crossing fingers it bursts soon

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[–] [email protected] 10 points 1 month ago (1 children)

Eh... "Robin Li says increased accuracy is one of the largest improvements we've seen in Artificial Intelligence. "I think over the past 18 months, that problem has pretty much been solved—meaning when you talk to a chatbot, a frontier model-based chatbot, you can basically trust the answer," the CEO added."

That's plain wrong. Even STOA black box chatbots give wrong answer to the simplest of questions sometimes. That's precisely what NOT being able to trust mean.

How can one believe anything this person is saying?

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[–] [email protected] 9 points 1 month ago* (last edited 1 month ago) (1 children)

Checks to see if Baidu is doing AI…yes, they are. How shocking.

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[–] [email protected] 9 points 1 month ago

And they will ALL deserve it.

[–] [email protected] 8 points 1 month ago

YUP

[–] [email protected] 7 points 1 month ago

Tech makes bubbles because people think it’s magic.

[–] [email protected] 7 points 1 month ago* (last edited 1 month ago) (1 children)

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.