AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380 😂😂😂
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@nixCraft how is AI simultaneously producing nothing of value and also taking jobs, in your mind? How can it steal (and therefore profit from) artists work while also being incapable of production? Workers and artists have absolutely nothing to worry about because AI doesn’t work, right?
@Joeheadycus @nixCraft how can it steal? They only exist because of theft. Doesn't mean it produces art. This is not difficult
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like thisI'd even say they drove the US into more debt, and robbed millions of people of their livelihoods and even their savings.
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Just shyte.
"Google's AI coding assistant deletes user's entire
drive, and apologies won't bring back the data"
Google's AI coding helper erroneously erased a user's entire drive
Do you trust your data in the hands of AI?
Windows Central (www.windowscentral.com)
@kevinrns @ai6yr nixCraft 🐧 we are heading for another Carrington Event but this time it’s software
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this@nixCraft getting staff fired is desirable from a shareholder's perspective
unless of course the company has to hire the people back
than again, rates might be lower, because, you know, AI-related unemployment, so still a win.
This is of course sarcastic, because in the end, unemployed don't buy your product
[edited a typo]
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this@nixCraft And they consumed all of the RAM and storage media in a coordinated action to force us into cloud storage and compute.
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@scotty86 @nixCraft As an example of machine learning being useful, see the following article, which mentions how machine learning has reduced the computational resources needed for some tasks.
Machine learning takes starring role in exploring the universe | Eberly College of Science
Penn State astronomers use machine learning to vastly improve astronomical analyses.
(science.psu.edu)
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@nixCraft They do, in fact, see "getting staff fired" & “stealing ... work" as "plus points" & are worth the harms caused. They are not concerned about growing the economy so much as 'maximizing shareholder value' & the corresponding boost to their bonuses.
@causticmsngo @nixCraft Not even that.
It's a bubble. They're not concerned about maximising long term shareholder value, which in most cases is their actual fiduciary duty (e.g. pension funds own a large proportion of the economy in many countries).
They're only concerned about temporarily boosting share prices. Which is **not** the same thing.
Because when the bubble bursts, they'll time it right and short it on the way down. Or so they hope.
Or, as CEO, they'll have moved on to another job by then.
And they temporarily boost share prices by jumping on the latest bandwagon, propping up the bubble for a while longer before it pops.
Meanwhile, "AI" drives new fossil fueled power stations, steals water as well as intellectual property, along with all the other harms it does.
Plus, fire and rehire as a bonus.
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@causticmsngo @nixCraft Not even that.
It's a bubble. They're not concerned about maximising long term shareholder value, which in most cases is their actual fiduciary duty (e.g. pension funds own a large proportion of the economy in many countries).
They're only concerned about temporarily boosting share prices. Which is **not** the same thing.
Because when the bubble bursts, they'll time it right and short it on the way down. Or so they hope.
Or, as CEO, they'll have moved on to another job by then.
And they temporarily boost share prices by jumping on the latest bandwagon, propping up the bubble for a while longer before it pops.
Meanwhile, "AI" drives new fossil fueled power stations, steals water as well as intellectual property, along with all the other harms it does.
Plus, fire and rehire as a bonus.
@causticmsngo @nixCraft On the upside, if Goldman Sachs is right, the bubble bursting might not lead to recession and a risk of a full blown financial crisis.
Which would be nice.
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AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this -
AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380
So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:
* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this- Enabling massive amounts of authoritarian fascist surveillance with minimal oversight where misidentification is, somehow, a bonus feature because uncertainty, fear, and absolutely no human accountability are extremely desirable by the ruling oligarchs and their pet politicians.
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