this post was submitted on 14 Jul 2024
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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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[–] [email protected] 57 points 2 months ago (15 children)

I remember saying a year ago when everybody was talking about the AI revolution: The AI revolution already happened. We've seen what it can do, and it won't expand much more.

Most people were shocked by that statement because it seemed like AI was just getting started. But here we are, a year later, and I still think it's true.

[–] [email protected] 13 points 1 month ago (8 children)

The AI revolution already happened. We’ve seen what it can do, and it won’t expand much more.

That's like seeing a basic electronic calculator in the 60s and saying that computing won't expand much more. Full-AI isn't here yet, but it's coming, and it will far exceed everything that we have right now.

[–] [email protected] 26 points 1 month ago (2 children)

That's the thing though, that's not comparable, and misses the point entirely. "AI" in this context and the conversations regarding it in the current day is specifically talking about LLMs. They will not improve to the point of general intelligence as that is not how they work. Hallucinations are inevitable with the current architectures and methods, and they lack a inherent understanding of concepts in general. It's the same reason they can't do math or logic problems that aren't common in the training set. It's not intelligence. Modern computers are built on the same principals and architectures as those calculators were, just iterated upon extensively. No such leap is possible using large language models. They are entirely reliant on a finite pool of data to try to mimic most effectively, they are not learning or understanding concepts the way "Full-AI" would need to to actually be reliable or able to generate new ideas.

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