this post was submitted on 15 Oct 2024
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I say this as someone that works in AI.
It's all a smoke-screen. It shows that Google (and every other big tech company) is producing super secret, super high tech stuff that should make their shareholders super happy. The reality is that Google and co haven't produced shit for years, have laid off hundreds of thousands of people worldwide, and don't have long term plans to improve outside of enshittifcation.
100%
14 years of gaping monetary policy conditioned Corps to making profits from nearly free debt.
Now they have to actually USE their businesses' capabilities and it turns out they suck at being businesses. MIT calls it a "capability trap."
They're just con men still hoping people will dance to their tune after the music has stopped.