5 ms·

You're probably just responding to the headline but this person is an AI bull and isn't claiming it's a big deal, she's going into it and explaining it.

aurareturn 2mo ago
It's a bad headline because most of the article isn't about circular financing and it's only 5.7% of anyway.
gyanchawdhary 2mo ago
[dead]
hirako2000 2mo ago
Just the look and feel and the subscribe fixed position in particular, made me bounce.
rapidfl 2mo ago
People are looking for the AI bear case - so this headline gotta work better. Its not a bad idea haha. More people suspect there is some circular shenanigans but want confirmation -- so maybe this is the best way to lure them in. Come as the bear, stay for the bull. With just these 2 comments, now I'm really gonna read that article.
- Mistletoe 2mo ago
  Can someone even outline the AI bull case? I can’t fathom one at all. https://isaiprofitable.com/ https://isaiprofitable.com/ The only profitable company is the one running the scam.
  - 27183 2mo ago
    0. Pour money on the fire 1. AI somehow becomes AGI because money implies "emergence" I guess? 2. Profit somehow?
  - lern_too_spel 2mo ago
    One sentence summary of the bull case: Anything you would have paid a human to do, you will pay an AI to do instead.
    - Zetaphor 2mo ago
      If we're all out of work then who buys the things AI makes?
      - lern_too_spel 2mo ago
        All the corporations buying inputs for their products and services and all the people on unemployment.
  - oceanplexian 2mo ago
    Do you use it or is this speculation? The AI tooling I used 12-24 months ago if frozen in time, monetized correctly is probably 100x the capability of what software could do before (And software was already eating the world long before AI). The bull case is that we just invented the 21st century equivalent of the printing press or electricity. And that website is the 19th century equivalent of someone criticizing electricity as a concept because it would be expensive to build power lines. If anything it's a miracle that the US economy is so efficient that we can just skip all the small talk and bullshit and build out the infrastructure to support AI immediately.
    - cduzz 2mo ago
      Just to help me out a little; you're saying "printing press and electricity" But there were printing presses before movable type, and movable type specifically allowed creation of inexpensive books and newspapers. The printing press itself wasn't all that useful alone. Electricity (in the form of shocking fish) was used by people thousands of years ago and Volta was fiddling with electricity to make frog legs dance in the 1800s; electricity as an industrial property required a bunch of knowledge and material science to make ... lights and motors. Electricity by itself isn't all that wonderful; a flash in the pan so to speak. So -- what "electric light" or "movable type" is the product of LLMs? I'm sure there are, but ELI5... I can think of "Summarize this thing for me" and "Elaborate on this half baked idea" -- and honestly "summarize this for me" is actually quite useful. But I'm not sure it is "electric lights / electric appliances" or "indoor plumbing" degree of revolutionary.
    - Mistletoe 2mo ago
      That’s all great but that isn’t a bull case for getting actual money out of it at the levels needed to justify the spending. Our entire stock market (everyone’s retirement) is based on this right now. Not all amazing inventions enrich everyone involved. Sometimes it’s just pgp or the dishwasher. It’s interesting you mention electricity, because that’s what AI feels like to me. It will be important and vital, but you don’t care where it comes from, you just care if it works and nobody really makes a killing from a commodity like electricity. The valuation of these companies is based on AI being something completely different from what it will be because of hysteria. There is no difference between this and the GME meme stocks, it simply got bigger and has now swallowed the whole economy.
  - SecretDreams 2mo ago
    I use AI all the time and it is great. That said, I'm aligned with you that I'm not clear who is profiting from it other than oligarchs. I'm also quite certain the valuations are fully in bubble territory, pricing in decades of profit I don't see playing out for the LLM vendors. That said, I think it'll be a bit before it deflates. Way too many regular tech bros making money/invested in it for a reasonable discussion on the topic on HN, imo.
  - deleted 2mo ago
    [deleted]

aurareturn 2mo ago

It's a bad headline because most of the article isn't about circular financing and it's only 5.7% of anyway.

gyanchawdhary 2mo ago

[dead]

hirako2000 2mo ago

Just the look and feel and the subscribe fixed position in particular, made me bounce.

rapidfl 2mo ago

People are looking for the AI bear case - so this headline gotta work better. Its not a bad idea haha. More people suspect there is some circular shenanigans but want confirmation -- so maybe this is the best way to lure them in. Come as the bear, stay for the bull. With just these 2 comments, now I'm really gonna read that article.

Mistletoe 2mo ago
Can someone even outline the AI bull case? I can’t fathom one at all. https://isaiprofitable.com/ https://isaiprofitable.com/ The only profitable company is the one running the scam.
- 27183 2mo ago
  0. Pour money on the fire 1. AI somehow becomes AGI because money implies "emergence" I guess? 2. Profit somehow?
- lern_too_spel 2mo ago
  One sentence summary of the bull case: Anything you would have paid a human to do, you will pay an AI to do instead.
  - Zetaphor 2mo ago
    If we're all out of work then who buys the things AI makes?
    - lern_too_spel 2mo ago
      All the corporations buying inputs for their products and services and all the people on unemployment.
- oceanplexian 2mo ago
  Do you use it or is this speculation? The AI tooling I used 12-24 months ago if frozen in time, monetized correctly is probably 100x the capability of what software could do before (And software was already eating the world long before AI). The bull case is that we just invented the 21st century equivalent of the printing press or electricity. And that website is the 19th century equivalent of someone criticizing electricity as a concept because it would be expensive to build power lines. If anything it's a miracle that the US economy is so efficient that we can just skip all the small talk and bullshit and build out the infrastructure to support AI immediately.
  - cduzz 2mo ago
    Just to help me out a little; you're saying "printing press and electricity" But there were printing presses before movable type, and movable type specifically allowed creation of inexpensive books and newspapers. The printing press itself wasn't all that useful alone. Electricity (in the form of shocking fish) was used by people thousands of years ago and Volta was fiddling with electricity to make frog legs dance in the 1800s; electricity as an industrial property required a bunch of knowledge and material science to make ... lights and motors. Electricity by itself isn't all that wonderful; a flash in the pan so to speak. So -- what "electric light" or "movable type" is the product of LLMs? I'm sure there are, but ELI5... I can think of "Summarize this thing for me" and "Elaborate on this half baked idea" -- and honestly "summarize this for me" is actually quite useful. But I'm not sure it is "electric lights / electric appliances" or "indoor plumbing" degree of revolutionary.
  - Mistletoe 2mo ago
    That’s all great but that isn’t a bull case for getting actual money out of it at the levels needed to justify the spending. Our entire stock market (everyone’s retirement) is based on this right now. Not all amazing inventions enrich everyone involved. Sometimes it’s just pgp or the dishwasher. It’s interesting you mention electricity, because that’s what AI feels like to me. It will be important and vital, but you don’t care where it comes from, you just care if it works and nobody really makes a killing from a commodity like electricity. The valuation of these companies is based on AI being something completely different from what it will be because of hysteria. There is no difference between this and the GME meme stocks, it simply got bigger and has now swallowed the whole economy.
- SecretDreams 2mo ago
  I use AI all the time and it is great. That said, I'm aligned with you that I'm not clear who is profiting from it other than oligarchs. I'm also quite certain the valuations are fully in bubble territory, pricing in decades of profit I don't see playing out for the LLM vendors. That said, I think it'll be a bit before it deflates. Way too many regular tech bros making money/invested in it for a reasonable discussion on the topic on HN, imo.
- deleted 2mo ago
  [deleted]