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The tech sector is pouring billions of dollars into AI. But it keeps laying off humans
(edition.cnn.com)
this post was submitted on 14 Jan 2024
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Technology
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I work in tech. I'm really impressed with AI, particularly outside of LLMs, but I was a yuge chatGPT fan for most of last year. I don't think the technology is ready. I worked with a senior dev who worked on LLMs and he didn't think it was there. I think we've got c-suite overshooting and investor hype on a technology that isn't quite there yet. There's going to be a reckoning soon where all these dumbasses are going to have to eat crow and re-hire a lot of these positions.
(Imagine a "you are here" arrow pointing at the peak.)
Here's the summary for the wikipedia article you mentioned in your comment:
The Gartner hype cycle is a graphical presentation developed, used and branded by the American research, advisory and information technology firm Gartner to represent the maturity, adoption, and social application of specific technologies. The hype cycle claims to provide a graphical and conceptual presentation of the maturity of emerging technologies through five phases.^to^ ^opt^ ^out^^,^ ^pm^ ^me^ ^'optout'.^ ^article^ ^|^ ^about^