the AI bubble

Alan Jacobs highlights this quote from Charlie Stross:

The thing I find most suspicious/fishy/smelly about the current hype surrounding Stable Diffusion, ChatGPT, and other AI applications is that it is almost exactly six months since the bottom dropped out of the cryptocurrency scam bubble.

“Place Your Bets”

See my recent writing about AI and it’s link to capitalism. At base, the AI craze, no matter the intentions of the engineers and thinkers and programmers behind it, will become another tool of techno-capitalism, just like social media and cell phones before it: a way for them to monetize our attention. And the by-product of this latest capitalist enterprise will be the same as the one’s before it: lonely, disconnected and discarded human beings, a social fabric further shredded, and any concept of the True, the Good, and the Beautiful. In our new technocracy, profit and power are the end (same as they ever were), human consciousness and well-being is the means. And in the end, the bubble will burst, the rich and powerful will consolidate their gains, and the rest of us will be left holding the bag, as we look around and wonder what happened to our culture.