• weew@lemmy.ca
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    7 days ago

    Yeah, but the 0.1% remaining will take over the world.

    Doors anyone remember the era when there were a million search engines? Google didn’t spawn alone.

    Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.

    Saying “AI is going to be a big flop because 99% of companies today will end up failing” is as stupid as saying “online shopping will never work because 99% of online stores will close by the year 2010”

    • pup_atlas@pawb.social
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      7 days ago

      Sure, but the difference here was that all those companies were offering something different. Some had better results than others, a better ui, more accuracy in certain niches, etc. But 99% of AI companies now are all effectively reselling the OpenAI API. They aren’t making an effort to differentiate themselves at all. It’s as if Google was the only shop in town, and everyone bought all their search data an algorithms to slap their logo on. That’s just simply not sustainable at anywhere near the scale it is now. This won’t be a 3-5 year decline, it’ll be a 2 month crash.

      • Echo Dot@feddit.uk
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        7 days ago

        No one actually thought that they were a good idea it was just a bunch of con artists. It was a bubble for sure but it was an entirely artificially created one. There was no real business behind any of it.

        • figjam@midwest.social
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          7 days ago

          I would argue that this current AI bubble is artificially created by a different type of conmen.

          • Echo Dot@feddit.uk
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            7 days ago

            Yeah but in fairness the AI actually does work. You can actually use the AI to achieve things I’ve never seen anybody achieve anything beneficial with NFTs

            My argument really being that there is a potential for real benefit with AI in a way that never existed for made-up digital scarcity

            • figjam@midwest.social
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              7 days ago

              I totally agree with you and once dudes with dollar signs in their eyes stop with craming it in toasters I will be very happy to see where the tech goes.

    • dan@upvote.au
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      7 days ago

      Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.

      Fun fact: the first online store still exists. It’s Pizza Hut. They launched an experiment for online ordering in 1994. The first company to ever sell a product on the web.

      • wavebeam@lemmy.world
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        7 days ago

        Yum brands has always been at the forefront of using tech to sell fast food. This was true then and is true now. Taco Bell has pioneered kiosks and in-app ordering as well as KDS in QSR environments.

    • Eyck_of_denesle@lemmy.zip
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      7 days ago

      I doubt anyone is downplaying that. People are just discussing how all companies are pushing A.I into products that don’t need it. Idk about you but I’m tired seeing A.I advertised as a feature on every app/site when it’s just a gpt wrapper.

    • Tja@programming.dev
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      7 days ago

      Wrong audience for this message. Most on lemmy are still running with their fingers in their ears yelling la-la-la really loud.