Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth

  • korazail@lemmy.myserv.one
    link
    fedilink
    English
    arrow-up
    14
    ·
    49 minutes ago

    Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth

    Let me rephrase:

    “Smart” entitled person says our product is not showing value, so we need to force people to use it more than we already are after years of cramming it down their throats.

  • biggerbogboy@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    9
    ·
    33 minutes ago

    Translation:

    “AI bubble could burst without us shoehorning it into everything, Microsoft chief Satya Nadella warns”

  • I Cast Fist@programming.dev
    link
    fedilink
    English
    arrow-up
    4
    ·
    31 minutes ago

    Pictured: Nadella holding in his hands all the profit M$ can make in the next 30 years even if AI booms like he really really really wants it to.

    artificial intelligence (AI) risks becoming a speculative bubble unless its use spreads beyond big tech companies and wealthy economies.

    Oh, you mean there is a risk it becomes the thing it already is? Boy, imagine that!

    The really funny thing is how he says that “the benefits need to spread outside the tech sector”. Golly gee, I wonder why other sectors haven’t benefited yet! Could it be that it’s not worth the hype and it does not improve anything that typical computer systems are already working on, like managing electrical grids, keeping track of shipments, avionics, etc? Nah, it’s all the doomers’ fault

  • Blackmist@feddit.uk
    link
    fedilink
    English
    arrow-up
    17
    ·
    1 hour ago

    Man, I cannot wait for the comedy movies that come out based on this farce, explaining exactly how these jokers lost all their money.

    • ArmchairAce1944@discuss.online
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 hour ago

      The best comedies will be made by them… like the NFT cartoon that was made using the bored ape pictures that was so bad that even the biggest advocates of NFTs had no idea what the hell they were doing.

      • Blackmist@feddit.uk
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 hour ago

        Who’s going to do that? Everyone with any money is already leveraged up to the eyeballs in this shit.

          • Blackmist@feddit.uk
            link
            fedilink
            English
            arrow-up
            3
            ·
            51 minutes ago

            Oh, we’ll see about that.

            The key difference between tech giants and the banks, is the tech giants aren’t holding everyone’s money hostage.

            Sure, those gen Z kids will lose all their photos of grandma because they couldn’t fathom a world without Instagram, but we’ll cope.

  • reksas@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    1
    ·
    14 minutes ago

    the horror! why dont the people think of the shareholder dividends! The rich people yacht money!

  • dunestorm@lemmy.world
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    1
    ·
    2 hours ago

    AI is not a bad thing, but it’s way more niche compared to what was promised. There’s certainly way less demand for it than these big investors want people to believe.

  • melsaskca@lemmy.ca
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 hour ago

    Don’t force feed us vegetable pablum. Give us that sweet mashed banana! We want what we want, not what you want.

  • CosmoNova@lemmy.world
    link
    fedilink
    English
    arrow-up
    34
    ·
    5 hours ago

    So they‘re finally reaching the „we could fail…“ stage of the hype cycle. This is great news, actually. The sooner this charade ends the lesser destructive it will be. Even when it already caused devastating damage to society.

  • jaykrown@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    4 hours ago

    No, the AI boom will falter one way or another. Free open source models will out perform proprietary models by the end of this year. The amount of money that customers will actually pay for AI services is much lower than expected. It really is similar to the dotcom bubble and how briefly people thought domain names were going to be insanely valuable.

  • Rooty@lemmy.world
    link
    fedilink
    English
    arrow-up
    84
    ·
    7 hours ago

    If nobody is using your product then you made a shit product and should scrap it before you lose any more money.

    Follow me for more business tips.

    • mPony@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 hour ago

      but what about FORCING everyone to use the product whether they want to use it or not? I heard that if you’re powerful enough there’s no need to ask permission, “they let you do it.”