this post was submitted on 14 Jul 2024
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I remember saying a year ago when everybody was talking about the AI revolution: The AI revolution already happened. We've seen what it can do, and it won't expand much more.
Most people were shocked by that statement because it seemed like AI was just getting started. But here we are, a year later, and I still think it's true.
That's like seeing a basic electronic calculator in the 60s and saying that computing won't expand much more. Full-AI isn't here yet, but it's coming, and it will far exceed everything that we have right now.
Sure.
GPT4 is not that. Neither will GPT5 be that. They are language models that marketing is calling AI. They have a very specific use case, and it's not something that can replace any work/workers that requires any level of traceability or accountability. It's just "the thing the machine said".
Marketing latched onto "AI" because blockchain and cloud and algorithmic had gotten stale and media and CEOs went nuts. Samsung is now producing an "AI" vacuum that adjusts suction between hardwood and carpet. That's not new technology. That's not even a new way of doing that technology. It's just jumping on the bandwagon.
Notably, this also coincided with the first higher interest rate environment in the broader economy in over a decade.