AI companies face a kafkaesque bind where they can't improve a tool for automating the creation of content without human beings creating more content than they've ever created before
I am, of course, conflating two problems — the deliberate creation of synthetic data by AI companies and AI-generated content filling the internet with synthetic data that models are then trained on. Yet the end result is the same — forcefully teaching autocomplete typos in the hopes that it'll be able to work out how to write America's next great novel.
The only companies currently profiting from the AI gold rush are those selling shovels
The companies benefitting from AI aren't the ones integrating it or even selling it, but those powering the means to use it
the stock market (and the tech industry) is building vast castles on foundations of sand
the AI industry is investing hundreds of billions of dollars to build infrastructure for a future that may never arrive
what he's promised isn't possible with today's technology, and may not be possible at all