alt Hacker NewsThis idea is everywhere right now, that AI is some magic black box that will solve all your business problems. The sentiment is spreading through the exec team where I work now too. It's like a disease.
C-suites completely disconnected from reality and assuming we've already achieved ASI/AGI, and marketing teams & business journals are only furthering that narrative.
It's so weird. I don't know what it is about AI that causes people to throw all thought and caution to the wind and charge forward blind. Its like they've been chomping at the bit for decades to get rid of those pesky humans and are so hyped up over it they can't see clearly anymore.
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> It's so weird. I don't know what it is about AI that causes people to throw all thought and caution to the wind and charge forward blind. Its like they've been chomping at the bit for decades to get rid of those pesky humans and are so hyped up over it they can't see clearly anymore.
It's just a hype cycle. In my 15 years in data, I've seen around 3-4. Every time leadership get way too invested in the possibilities, and they waste tons of money on doomed efforts. A good example of the prior one was "Big Data" which was even more pointless than the current AI boom.
Don't get me wrong, there is valuable tech there (at the very least, being able to reliably generate structured data from unstructured input is incredibly valuable in data), but the current hype is way off the charts.
> It's so weird. I don't know what it is about AI that causes people to throw all thought and caution to the wind and charge forward blind.
My favorite theory about this is that we're all used to "speech == intelligence" and now that we have something that can produce coherent speech, it seems like it must be intelligent to people who don't know how it works. Even people who know how it works still anthropomorphize it to a weird degree. So a business person sees this thing that's both intelligent (to them) and superhumanly fast and it seems like the ultimate silver bullet.
If you are incapable of doing more than "spring init my_app" then the current models are like magic.
> I don't know what it is about AI that causes people to throw all thought and caution to the wind and charge forward blind.
1. Zero personal risk because cargo culting is a valid excuse in Executive World. If investors are on board, its good, no matter how stupid or destructive it actually is.
2. Top leadership's friendship with the country's leadership equals access to cheap debt financing since money is all fake and generated out of thin air
3. Too big to fail
Its ideology.
> Its like they've been chomping at the bit for decades to get rid of those pesky humans and are so hyped up over it they can't see clearly anymore.
This is precisely it. Here's my analysis:
AGI is a savior figure for the capitalist class. A tech version of the Second Coming, delivering them from the pesky demands of workers, like a living wage or (gasp!) sick leave.
That's why they're all so obsessed with it, it has religious-ideological component to them. When you hear them talk about AGI, there's always this weird eschatological vibe with it.
Unfortunately, they're blinded by their beliefs and can't think things through even one step further. Even if their cyberjesus comes down to them through the machine and replaces all workers, who's gonna buy all their stuff then?
All they're doing in their capitalist zealotry is ringing in the end of capitalism.
"Line must go up, forever."
These guys have squeezed out every cost and slack from their system. They've found the exact revenue-maximizing prices and segmentation for their products. They've cut quality to the point where customers will just barely not reject their product. They have used every legal and accounting trick at their disposal to keep that line going up. But, next quarter, line must still go up!
The final massive cost to cut are all those damn human bodies that they they still have to keep around. They've driven down salaries and benefits to the minimum they can get away with, and they've extracted the maximum value from employees they can. But they haven't figured out how to get rid of them entirely. They are staring down the barrel of the gun and just can't see a way to cut this cost further. Now, magic AI comes along, and everyone is saying that the black box can replace those bodies. The C-suites believe it. They have to believe it. Line must go up! This is how they'll do it for a few more quarters. This is why the messaging is so unified across the industry, across every C-suite out there. They all need to believe.