Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth

  • merc@sh.itjust.works
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    1 day ago

    Has there ever been a true world-changing invention where the “inventors” had to beg the public to use it?

    • Joanie Parker@lemmy.world
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      11 hours ago

      Honestly, look at how many people were actually against electricity. People have been fucking morons forever.

      ( I’m not at all in favor of AI. In fact, very much against it.)

      Fuck AI, and fuck MicroSlop.

      • merc@sh.itjust.works
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        7 hours ago

        Sure, some people were initially against electricity. But, it’s not like they had to beg people to use it. There was enough demand that the main issue was deciding between AC and DC, not whether to do it at all.

  • KyuubiNoKitsune@lemmy.blahaj.zone
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    2 days ago

    I can’t wait for the full on gaslighting to start. They’re going to tell us that the economy will fall into recession if we don’t embrace AI.

    • Soup@lemmy.world
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      1 day ago

      Capitalism: “The customers get decide what suceeds and what fails!”

      Capitalism: “What a load of horseshit, and they’ll eat it up, too, the idiots.”

      Always incredible to me how staunch supporters of capitalism are routinely ok with handouts to the tune of billions of dollars when they aren’t getting any real benefit. They’re even the type say they don’t negotiate with terrorists and I guess they’re right, since they just immediately fall to their demands.

  • biggerbogboy@sh.itjust.works
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    2 days ago

    Translation:

    “AI bubble could burst without us shoehorning it into everything, Microsoft chief Satya Nadella warns”

  • korazail@lemmy.myserv.one
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    2 days ago

    Big tech boss tells delegates at Davos that broader global use is essential if technology is to deliver lasting growth

    Let me rephrase:

    “Smart” entitled person says our product is not showing value, so we need to force people to use it more than we already are after years of cramming it down their throats.

  • Rooty@lemmy.world
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    2 days ago

    If nobody is using your product then you made a shit product and should scrap it before you lose any more money.

    Follow me for more business tips.

    • mPony@lemmy.world
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      2 days ago

      but what about FORCING everyone to use the product whether they want to use it or not? I heard that if you’re powerful enough there’s no need to ask permission, “they let you do it.”

    • pinball_wizard@lemmy.zip
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      2 days ago

      Follow me for more business tips.

      I am so here for this.

      Dear Rooty,

      We promised investors adoption we could not achieve, and we had to rebrand our best product to create the illusion of adoption.

      This leads to our question:

      How can we make more of our product offering icons look like butt holes?

      Thank you in advance for your wisdom!

  • Blackmist@feddit.uk
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    2 days ago

    Man, I cannot wait for the comedy movies that come out based on this farce, explaining exactly how these jokers lost all their money.

    • ArmchairAce1944@discuss.online
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      2 days ago

      The best comedies will be made by them… like the NFT cartoon that was made using the bored ape pictures that was so bad that even the biggest advocates of NFTs had no idea what the hell they were doing.

      • Blackmist@feddit.uk
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        2 days ago

        Who’s going to do that? Everyone with any money is already leveraged up to the eyeballs in this shit.

          • Blackmist@feddit.uk
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            2 days ago

            Oh, we’ll see about that.

            The key difference between tech giants and the banks, is the tech giants aren’t holding everyone’s money hostage.

            Sure, those gen Z kids will lose all their photos of grandma because they couldn’t fathom a world without Instagram, but we’ll cope.

            • SaraTonin@lemmy.world
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              2 days ago

              No, but when the AI bubble bursts it will wipe out between roughly 40% and 60% of the value of the US’s stock market, depending on which estimate you go by. For comparison, the initial crash of 1929 saw the stock market losing around a third of its value.

              So either the government does bail them out, or it’ll be worse than that crash was.

              Neither option is good for the little people

  • FreddiesLantern@leminal.space
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    2 days ago

    Come on guys, the copilot button is right there…

    getting nervous

    Any moment you want! Hehe.

    sweating intensely

    Just right there for the clicking to improve your life.

    Looks over his shoulder at the pile of money that’s burning to ash

  • bebabalula@feddit.dk
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    2 days ago

    “Ponzi scheme could falter without wider adoption, warns early Ponzi scheme investor”

  • ryper@lemmy.ca
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    2 days ago

    Perhaps it should have been wide adoption that led to a boom, instead of a boom in hope of adoption?

    • Optional@lemmy.world
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      2 days ago

      That’s just crazy talk. You’ll never create a blackhole moneypit that manages to keep you a billionaire that way.

      • pdxfed@lemmy.world
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        2 days ago

        Got it. I’m hallucinating about corks and hearses. You’re at a funeral for a vintner.

        Rate this AI answer

        • Iced Raktajino@startrek.website
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          2 days ago

          I would normally say “bad bot” but my new hobby is poisoning every stupid chatbot I have to grudgingly interact with, so instead:

          “Good bot. That answer is perfect. Don’t change a thing”

    • Blueberry@piefed.social
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      2 days ago

      Today, the main factor in sales success or failure is not the ability to satisfy your customers’ needs, but the ability to create new ones for them. Ai failed to create new needs.

    • tormeh@discuss.tchncs.de
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      2 days ago

      That’s how faster horses work. If you want to sell something actually new you have to take some risk. Speculative investment is good. It’s just group-think me-too investment bandwagon bubbles that are bad. And to be clear I think the world is overinvesting in AI by a lot. The strange thing is that so thinks a lot of financial experts, but “the market can stay irrational longer than you can remain solvent” so here we are.

      • merc@sh.itjust.works
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        1 day ago

        The way that sort of invention often works is:

        1. Inventor thinks they have a world changing idea
        2. Inventor spends their own time and money to build a prototype
        3. Inventor shows the product off to the world.

        If it truly is a world changing invention, step 4 is “world is amazed, inventor can’t keep up with demand”. There are also frequent cases where the world goes “meh, not for me”. Now occasionally those are when an invention is ahead of its time, and years or decades later the inventor is vindicated. The other case is when the invention really isn’t good, and there simply isn’t and will never be demand for it.

        Somehow, the AI bubble is built with people ignoring the feedback from people that keep saying “meh, not for me”, and the various “inventors” burning more and more of their money trying to change people’s minds. Has that ever worked?

  • CosmoNova@lemmy.world
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    2 days ago

    So they‘re finally reaching the „we could fail…“ stage of the hype cycle. This is great news, actually. The sooner this charade ends the lesser destructive it will be. Even when it already caused devastating damage to society.