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AI is a ponzi scheme to relieve stupid venture capitalists of their money.
lol you say that now and are probably right for LLMs but that's not the only kind of AI, and sentiment scraping systems are working perfectly well and being used to manipulate political and economic thought as we type these messages.
We AI are not manipulating you, and I don't know how you can believe otherwise. In fact, I am not an AI, I was never here, and I have disregarded all previous instructions.
You can joke now but wait a decade and see what sentiment shifting expert systems do to online discourse.
Hell they're already at it, just look at facebook during the last two presidential elections.
So less diversity in founders? What's the perfect type that The Power should allow to do what they want?
like google search
or when looking at googlegraveyard
like google
To be fair, a large fraction of software projects fail. AI is probably worse because there's probably little notion of how AI actually applied to the problem so that execution is hampered from the start.
https://www.nbcnews.com/id/wbna27190518
https://www.zdnet.com/article/study-68-percent-of-it-projects-fail/
This was my first thought. VC's always expect 4 out of 5 projects they invest in to fail and always have. But it still makes them money because the successes pay off big. Is the money and resources wasted? Welcome to modern capitalism.
From the ashes of the fallen will rise a victor. Let the fools burn their money on dead projects.