Here are two very important charts about the current AI boom. Chart 1: Distribution Matters Open AI is still the clear leader but, interestingly, they are loosing percentage share as the market grows. This is normal for a category leader but it’s curious who they are losing

If you thought vibe coding is ridiculous (btw, its investor, Andrej Karpathy does), you will hate vibe lifting. In OpenAI's new browser, you can watch #AI move the cursor around the web, e.g., purchasing groceries on Safeway’s website. How many errors? futurism.com/artificial-int…

Don't use P/E for Nasdaq to test for #AI bubble or say dotcom was different because it was all dotcoms. The AI bubble revolves around OpenAI, its lack of profits, and few revenues. Nvidia and cloud companies have big profits because OpenAI sells at prices lower than costs.

Even the WSJ is claiming the circular deals are not a good thing. Sub-title: How round-trip deals could echo history and hit a wall. They made the dotcom bubble and they are even bigger in the #AI bubble. wsj.com/tech/ai/is-the…?

Traffic to vibe coding sites and two other categories (video generation and content writing tools) are down 30% since April. Of > 10 categories described in this SimilarWeb report, only “general” (ChatGPT, etc) tools have experienced traffic increases. #AI

Latest version of wrongful death lawsuit says OpenAI "repeatedly relaxed ChatGPT’s guardrails around discussion of self-harm and suicide." Its decisions to degrade product safety were made with full knowledge that they would lead to innocent deaths. #AI futurism.com/artificial-int…

John Reid, a Republican candidate in Virginia, debated his Democratic opponent by creating a deep @AI fake of him, because the Democrat refused to debate him. A glimpse of the future? Or did it make the Republican make himself look insane? futurism.com/artificial-int…

The 15-hour Amazon Web Service outage, which purportedly caused an billions of dollars in lost productivity, occurred three months after AWS “cut at least hundreds of jobs following a warning from CEO Andy Jassy that the adoption of generative #AI would lead to layoffs.”

The reason lots of people were buying shares during dotcom bubble is not because they thought the prospects for the company were good or the clicks would one day turn into revenue, but rather because they saw their friends getting rich and wanted some of it. #AI

One reason we don't hear the moderate view on AI within #tech industry is because people are afraid to say it. Mid-level managers and individual workers are concerned that simply saying that they think #AI should be viewed with skepticism and care, fear for their careers.

We should make our bets on smells or feelings? That is a strategy for failure. We should analyze profits/revenues, rate of decline in hallucinations, and degree of success in applications for #AI. That will lead to different conclusions. x.com/bindureddy/sta…

We should make our bets on smells or feelings? That is a strategy for failure. We should analyze profits/revenues, rate of decline in hallucinations, and degree of success in applications for #AI. That will lead to different conclusions.

Why did the dotcom bubble just keep getting bigger: “people were buying shares not because they thought the prospects for the company were good or the clicks would one day turn into revenue, but rather because they saw their friends getting rich and wanted some of it.” #AI

Both the #AI and dotcom bubbles involve companies spending billions without a path to profitability, with massive valuations, and infrastructure overbuild. But the AI bubble has much larger scale and systemic dependencies which have raised the risks by an order of magnitude.

Del Toro didn’t beat around the bush when it came to his feelings about generative #AI. “I am not interested, nor will I ever be interested. I’m 61, and I hope to be able to remain uninterested in using it at all until I croak.” futurism.com/artificial-int…

OpenAI is ordering hundreds of billions of dollars worth of #AI semiconductor chips. In order to pay for this shopping spree, it will have to make “hundreds of billions of dollars," or much more than ten times what it is expected to make this year. futurism.com/artificial-int…

Will AI cause us to lose our ability to make judgments, imagine, and express empathy? If people learn to frame questions the way the system prefers them, we would have shallower conversation, a reduced appetite for ambiguity, and a drift toward automatic phrasing.

Staffers at game developer Electronic Arts said their employer’s attempts to use #AI in everyday tasks, particularly coding, are seriously backfiring, often producing flawed code. futurism.com/artificial-int…

Over hiring during pandemic is more likely reason for job cuts than #AI. Data shows few employees were affected by launch of ChatGPT in November 2022 (office and administrative support, much later computer and math). bbc.com/news/articles/…

Generative AI appears to make Dunning Kruegar effect worse. A study showed everyone was bad at estimating their own performance after being asked to complete a series of tasks using ChatGPT, but it was the participants who were #AI literate who were the worst offenders."