I Am An AI Hater

Amusingly things are going with AI like with any complex topics nowadays. It’s easier to hold a strong position than a nuanced one. So you see a lot of vapid articles either for or against, even - or especially actually - if you don’t really know for or against what exactly, and very few insightful ones.

Plague of our ages I guess. Ironically AI might even make it worse.

I suspect we're in a bubble... and when it pops, the useful, profitable work will stay around. A bunch of things will also disappear.

And then we'll wait till the next bubble.

Gains seem to have leveled off tremendously. As far as I can tell folk were saying "Wow, look at this, I can get it to generate code... it does really well at tests, and small well defined tasks"

And a year or a year and a half later we're at like... that + "it's slightly better than it was before!" lol.

So, yea, I dunno, I suspect we'll see a fair amount fall away and some useful things to continue to be used.

What profitable work? Please do post numbers in the form of free cash flows to the firm (or equity) ;).

Also you seem to forget that irrespective of cash profits in the future, will this investment generate excess returns? Nope. That's what investors care about. Its not even profit actually.