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Cake day: June 20th, 2023

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  • jrs100000@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
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    9 days ago

    It would be pretty unusual for a company on the scale of Facebook or Microsoft to go under due to a bubble like this, although it is slightly possible they might slip down a tier in the shuffle. Its more likely well see lots of shitty little companies tacking AI onto things that dont need AI go under, and the speculative ventures burning investor money on market share or technologies that may never turn profitable will be thinned out greatly. Its also possible we could see some big names that dont have revenue outside the AI market suffer financial setbacks and be absorbed. Its also possible the bubble could continue to grow for years and we could see some really ridiculous investments and an even more devastating crash in the end.















  • That would be great, but I just don’t see it happening. The way things are going well be lucky to have a Department of Education in a few years, and public schools might be following right behind. Even if everything turns around tomorrow, all the resources in the world wont get everyone to the level you are aiming at. There are people out there who do not see any value in literacy and there are people who don’t have the brain power. You could assign full time private tutors to follow them around and try to teach them things for their whole lives and you’d barely get anywhere. That’s just something well have to live with. There’s never been a society where everyone was intellectually active, its always been a more or less influential minority. If you want to improve society the best approach making the intellectual voice more influential, not trying to educate the gleefully ignorant.