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#aihype

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🎈 Alibaba’s Tsai Warns of ‘Bubble’ in AI Data Center Buildout

“I start to see the beginning of some kind of bubble,” he told delegates to the summit. Some of the envisioned projects commenced raising funds without having secured “uptake” agreements, he added. “I start to get worried when people are building data centers on spec. There are a number of people coming up, funds coming out, to raise billions or millions of capital.”

finance.yahoo.com/news/alibaba

Yahoo Finance · Alibaba’s Tsai Warns of ‘Bubble’ in AI Data Center BuildoutBy Luz Ding
#ai#aihype#bubble
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“There is a long, long, long way from writing basic reports to the kind of AI that could match the originality of top human scientists.”
—Gary Marcus, Ezra Klein’s new take on AGI – and why I think it’s probably wrong
#ai #agi #aihype

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“Eventually, push will come to shove and the tech industry will have to prove that the world is willing to put down real money to use all these [AI] tools they are building. Right now, the use cases…are marginal.”
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#ai #aihype

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“…language models can fundamentally be described as supercharged autocomplete tools, prone to returning incorrect information because they are skilled at creating a facsimile of a human-written sentence—something that looks like an acceptable response—but chatbots are not doing any critical “thinking.”“
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#llm #llms #hallucinations #ai #aihype

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“Klarna…garnered a lot of attention and investor excitement after its CEO said last year it would replace many of its employees with AI… The CEO recently walked that claim back… Klarna had replaced a basic phone tree system with AI, which…may have resulted in customers quitting chats out of frustration.”
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#klarna #aichatbots #ai #aihype

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“…eventually there needs to be actual demand on the other side for the products being built or else these companies will crash and burn.”
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#ai #aihype

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“Microsoft is the primary backer of OpenAI, whose CEO Sam Altman has long stoked nebulous fears about AI taking over the world. Critics often say Altman’s fear mongering is primarily intended to place himself at the centers of power…”
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#microsoft #openai #altman #ai #aihype

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“…stop spreading hype about a so-called “artificial general intelligence” that could replace humans in most tasks. Nadella said essentially that it will not happen, and either way is an unnecessary distraction when the industry needs to get practical…”
—Thomas Maxwell, Microsoft's Satya Nadella Pumps the Brakes on AI Hype
#ai #agi #aihype