Because the likes of Altman have set short term expectations unrealistically high.

I mean that's every tech company.

I made a joke once after the first time I watched one of those Apple announcement shows in 2018, where I said "it's kind of sad, because there won't be any problems for us to solve because the iPhone XS Max is going to solve all of them".

The US economy is pretty much a big vibes-based Ponzi scheme now, so I don't think we can single-out AI, I think we have to blame the fact that the CEOs running these things face no negative consequences for lying or embellishing and they do get rewarded for it because it will often bump the stock price.

Is Tesla really worth more than every other car company combined in any kind of objective sense? I don't think so, I think people really like it when Elon lies to them about stuff that will come out "next year", and they feel no need to punish him economically.

	▲	Terr_ 13 minutes ago \| parent [-]
		"Ponzi" requires records fraud and is popularly misused, sort of like if people started describing every software bug as "a stack overflow." I'd rather characterize it as extremes of Greater Fool Theory. https://en.wikipedia.org/wiki/Greater_fool_theory

▲

hamdingers 3 hours ago | parent | prev [-]

I maintain that most anti-AI sentiment is actually anti-lying-tech-CEO sentiment misattributed.

The technology is neat, the people selling it are ghouls.

▲

sroerick 9 minutes ago | parent | next [-]

This is how I felt about Bitcoin.

▲

acdha 3 hours ago | parent | prev [-]

Exactly: the technology is useful but because the executive class is hyping it as close to AGI because their buddies are slavering for layoffs. If that “when do you get fired?” tone wasn’t behind the conversation, I think a lot of people would be interested in applying LLMs to the smaller subset of things they actually perform well at.

	▲	tombert 2 hours ago \| parent [-]
		Maybe CEOs should face consequences for going on the stage and outwardly lying. Instead they're rewarded by a bump in stock price because people appear to have amnesia.