“Big Data”, “Neural Net”, etc etc, they keep changing the buzzword for this crap for the past decade.
AI just resonates with the public because everyone has seen Terminator movies. Your dipshit CEO of Buttplugs Inc has no clue what an LLM, or neural net is. But he knows what AI is and he delusionally believes it’s going make Buttplug inc. more profitable in the future.
Yeah, for all the undeserved hype about AI that we and I’m sure plenty of C-suites know about, there is still the issue of fiduciary duty to their bosses (shareholders).
If you’re a tech CEO that knows it’s all crap, but the market conditions are such that going all-in on AI is going to triple your share price for no good reason, you’ll probably be in a “get that money or we’ll find somebody who will” situation.
But that’s also why executives get so much of their compensation in the form of stock. There’s no need for shareholders to get off their asses to demand short term gains they can cash in on when the decision makers are one of them and playing the game game.
“Big Data”, “Neural Net”, etc etc, they keep changing the buzzword for this crap for the past decade.
AI just resonates with the public because everyone has seen Terminator movies. Your dipshit CEO of Buttplugs Inc has no clue what an LLM, or neural net is. But he knows what AI is and he delusionally believes it’s going make Buttplug inc. more profitable in the future.
It’s effective marketing.
Yeah, for all the undeserved hype about AI that we and I’m sure plenty of C-suites know about, there is still the issue of fiduciary duty to their bosses (shareholders).
If you’re a tech CEO that knows it’s all crap, but the market conditions are such that going all-in on AI is going to triple your share price for no good reason, you’ll probably be in a “get that money or we’ll find somebody who will” situation.
But that’s also why executives get so much of their compensation in the form of stock. There’s no need for shareholders to get off their asses to demand short term gains they can cash in on when the decision makers are one of them and playing the game game.
deleted by creator