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MyOpinion ,

Pivot to AI! These companies are going to be in for a rude awakening when the AI scam collapses.

Psychodelic ,

What exactly is the AI scam?

rand_alpha19 ,

https://en.m.wikipedia.org/wiki/Dot-com_bubble

Oh, look! Relevant history! (Hint: companies don't care about actual value if they think there's easy money to be made.)

Psychodelic ,

Uhh… what?

Could you pretend I don’t already know what you mean and explain what you’re trying to communicate a bit?

rand_alpha19 ,

Exciting new technology comes out

Companies want to profit from it without spending much

Startups, major companies, and venture capital investment groups implement new tech services quickly to capitalize on new trend

Stonks go up

Users coalesce around some major options that have actual ideas outside of "let's start a [new technology] company," most others fail to innovate or offer actual value that meets the wild expectations of speculative investors

Stonks go down, people lose their jobs, tech divisions crumble

Who could have foreseen this!? (See also: blockchain, NFTs, etc.)

Psychodelic ,

Thanks. That makes sense

Who would be Enron in this scenario? I’m thinking of openai or Nvidia but can’t imagine they’re at risk of much. The game seems far more rigged in favor of corpos than 20 yrs ago. Can’t imagine how they could ever fall off at this point. Or, say a company like Netflix which I’m is using tons of algorithms…

Wait a min. Isn’t AI now used as a catch all for any and all tech laymen don’t understand? Do you specifically mean llamas are being overhyped (had to leave the autocorrect version of LLMs)?

Sorry, if I’m slow to the anti-AI party. It’s been hard figuring out what’s sensationalism, what’s contrarianism, and what’s legit nowadays (or maybe I’m just getting dumber :D)

MyOpinion ,

Copying everyone’s work and dumping out shitty versions of it. Using people behind the scenes to give your software the feel of having true intelligence. It is a con job.

Psychodelic ,

Ah, gotcha. I totally agree in that case, but that also sounds like standard capitalism. lol. And that shit is going strong!

HobbitFoot ,

What else is there? Hardware has become a commodity product and server side software is mainly modified FOSS.

RagingRobot ,

My company did this same thing like a week ago and the CEO was bragging about his leadership insight lol

All the tech companies are doing this same shit. It’s just layoffs with an excuse so they don’t look as bad for their failures.

What ai features do we really need from Cisco? None lol

homesweethomeMrL OP ,

Oh but they’re a-comin’!

/facepalm

cakeistheanswer ,
@cakeistheanswer@lemmy.dbzer0.com avatar

Cisco has been clueless for awhile. The people who want speed don’t trust them to do basic network stacks, they want to do something more complicated?

The HFT industry noticed Cisco was messing with routing stacks, and you can essentially look to the entire market cap of Arista as a direct result. Specifically people wanting to avoid the headaches of the nexus line (EOS is nice!).

They are the victims of their own success to the point they long ago cannibalized actual product innovation. A lot of the industry still wants their certs, but nobody I know who values speed (local stripped back switches) or stability/availability (AWS and minimal office equipment) would chose them for much. A lot of the purchases are from big players with long contracts, the “Nobody got fired for IBM” of network equipment.

This just screams moving deck chairs on the Titanic.

conditional_soup ,

If I was a Cisco investor, I’d be looking to move my money elsewhere. All these companies laying people off, shuttering whole ass teams, and replacing them with non-proprietary and, frankly, unproven LLMs are going to blow their own legs off here pretty soon. I have a feeling that a pretty dramatic change is AI pricing models is coming soon, since all of these companies are providing access to their models for a fraction of the cost to run them, and the VCs are going to want their money back. Is chatGPT good enough at, what is it, 0.004 cents a token? Maybe, I guess, if the ghost of quality control doesn’t haunt you at night. Is chatGPT still good enough at 0.1 cents a token or more, or with surge pricing models? I sincerely doubt it. If openAI implements surge pricing, stay on the lookout for articles about some company or user getting a surprise bill for a million dollars, AWS-style. Given the current quality of LLMs, I don’t think that the cost shakes out for what you get.

homesweethomeMrL OP ,

Before we get to pricing, I’d like to see any successful use case in a corporate environment? Not one that’s sort-of working, or obe that hasn’t panned out yet - just a successful, implemented, customer-facing example.

conditional_soup ,

Good point. I think a bigger problem than the customer facing AIs is going to be the internal ones that make shit up. Someone on here claimed to be working somewhere where they gutted their HR department and replaced them almost completely with an LLM that was fed their documents. They claimed the AI had already told them several blatantly illegal things. Any company that does that is just begging to get sued to death, and I’m sure the investors will be reeeeeaaaaal happy with the, what, 1% they saved by killing HR? I mean, HR aren’t the good guys here, but just imagine a company being brain dead enough to say “hey, let’s get rid of the people that keep us from getting sued to death and replace it with a chatbot lmao”.

____ ,

And here I thought that outsourced “HR” folks were a travesty.

Had a small payroll issue recently having to do with some time off and a misunderstanding by the (outsourced) HR folks, was able to speak with enough people who understood one segment or another of the (rather complex) scenario to get it resolved in a couple of days.

AI would be a hard fail in that application, guaranteed.

homesweethomeMrL OP ,

IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go

IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI.

Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. In recent weeks, the company has opened up dozens of positions for AI-based roles to help develop and maintain these systems.

Now that I think about it - that explains a few things . . .

____ ,

At least one giant multi-national corp is actively soliciting examples and use cases from their employees.

“Toy” example submissions is fine, the company is just so eager for something to do with AI - they’re hoping for their actual AI folks to be able to take off of that uncompensated IP, while the employee with the idea gets a pat on the head.

Have I had ideas I might otherwise submit and that are well within my capabilities to implement at “toy” level? Hell, yes.

Do I want to contribute concepts into that sort of pipeline? Absolutely not. Not when they more or less automatically own my work product and whatever I do on company time already.

DmMacniel ,
@DmMacniel@feddit.org avatar

Thou shall not built a computer in the likeness of a human mind!

FirstCircle ,
@FirstCircle@lemmy.ml avatar

Davidson will move to a role advising the CEO during the borg

What does the borg have to do with this?

homesweethomeMrL OP ,

Resistance is futile.

MediaBiasFactChecker Bot ,

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