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AI is overhyped and unreliable -Goldman Sachs (calckey.world)

submitted 4 months ago by [email protected] to c/technology

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AI is overhyped and unreliable -Goldman Sachs

https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/

"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks"

@[email protected]

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[–] turmacar 18 points 4 months ago* (last edited 4 months ago) (1 children)

Sure.

GPT4 is not that. Neither will GPT5 be that. They are language models that marketing is calling AI. They have a very specific use case, and it's not something that can replace any work/workers that requires any level of traceability or accountability. It's just "the thing the machine said".

Marketing latched onto "AI" because blockchain and cloud and algorithmic had gotten stale and media and CEOs went nuts. Samsung is now producing an "AI" vacuum that adjusts suction between hardwood and carpet. That's not new technology. That's not even a new way of doing that technology. It's just jumping on the bandwagon.

[–] aesthelete 2 points 4 months ago

Marketing latched onto “AI” because blockchain and cloud and algorithmic had gotten stale and media and CEOs went nuts.

Notably, this also coincided with the first higher interest rate environment in the broader economy in over a decade.