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by louwrentius 752 days ago
Many companies are trying to find new growth to satisfy their shareholders. We all understand that growing growth is unsustainable, but that doesn't matter, they just 'have to'.

VR and Crypto/Blockchain didn't pan out, so now the new hotness is AI. There is an opportunity to make something useful out of AI that people want to pay for, in order to keep shareholders happy.

AI is especially interesting for shareholders as it allows you to cut down on labour cost for certain professions. It's an almost ideal tool for creating shareholder value.

Yet, I think the hype will come crashing down eventually. Because we know that it's all statistics and no actual reasoning. Cool that your service now has new AI features that tells me things, but why would I believe any of it?

Meanwhile, I'm pondering what the next hype will be. Not VR for sure. 'Normal' people don't want to wear heavy stuff on their head messing up their hair. Fun for games but let's be real.

But I have absolutely no sense of direction where things are headed, if there even is such notion. What I do observe is that society is more diverging between the haves and the have-nots.

3 comments

I expect things will be cyclical, and one day someone will have a product that touts "without any AI!" Suddenly, they'll be a threat to the Googles and Apples that only know how to do AI at that point.
> Cool that your service now has new AI features that tells me things, but why would I believe any of it?

Remember smart chatbots? That's where AI is headed, straight into the blackhole of bad ideas in IT.

>What I do observe is that society is more diverging between the haves and the have-nots.

The next hype could be private security via weaponized drones!