60 Minutes Nvidia AI segment

The thing I think about is along these lines: ONCE it really gets it down, perfect or near perfect - many companies will pay BIG DOLLARS to have AI.

Not there yet.

I'm seeing they are ALREADY paying big dollars to have it. I'm also seeing most of them experience complete failures with it.

I tried my best to inquire with a large property company about an apartment for my daughter recently. I struggled to get in touch with a real human. One did call me back, she was about as worthless as a penny cut in half. She did the company zero favors with her interaction with me. She had no cares in the world whether or not we continued our inquiry with them about the apartment or not.

I then began to get multiple text messages a week about my inquiry. Asking if I was still interested. I would respond back, not with yes or no, but with "Is this AI or a real human?" 24-36 hours later, I'd get a phone call. Sometimes I was able to answer, sometimes not. I would talk to whoever when they called, again they weren't helpful.

I also got multiple emails per week about our inquiry, I never answered them.

One day last week, I get a call, I answered it, and it was a very, very intelligent sounding young man. He asked if we were still interested. I told him we had moved on and signed a lease with the complex across the street from the one he was representing. We had a long, long conversation as to why his company lost the sale and why I refused to deal with the incompetence his company was presenting me.

The first was the young woman who called me the first time who didn't care about my questions and had zero sales game. The other parts of the conversation were about me responding to the texts, but no real response from them. He told me that they had invested "huge amounts of capital" into lots of AI and it was all becoming clear it was all a failure. He confided in me that he saw loss of sales daily because of the same exact interactions I was experiencing with his company - both incompetent, young, non-caring people talking with potential customers and the idiocy of the AI system.

I got all of this out of him because I told him it was very, very clear they are hurting for sales, as I was constantly bombarded with emails and texts about rate reductions, waivers of fees for this, that, etc., and all sorts of "specials". Meanwhile, the complex we signed with had people that responded immediately with returned phone calls, respond within an hour with email, etc. and I saw zero signs of promotions, sales, etc.

I see this story repeated more and more.


Let me be clear - I am NOT arguing with you about companies intending on spending gobs and gobs of money on this. Most large companies are being run by 27-40 year olds who have zero real life experience outside urban areas, who don't know how to communicate with people and don't understand that many people want immediate contact/answers/etc. that are real.

Companies WILL spend this money. The bad part is these companies will pass the costs of these early failures on to their customers, just like any expense. Know what that means?
 
Random guy on Internet uses technology to complain about technology.

Can't be that hard if all these "stupid college educated under 50" can understand it.
 
I wish people would stop calling it AI. Its generative AI. Meaning its not thinking up anything new. Its taking what the world already knows and making it accessible. When people say "its going to make a better EV battery" there wrong. It might be able to learn how a robot currently making an EV battery more quickly.

People will tell you its earth changing. Someone just paid a boat load of money to purchase all the content in Reddit to load into their AI model. I have been on Reddit. I can't see much in there that could be earth changing. Entertaining maybe?

It will change the way the world works. Anything currently digitized will be done by AI. So tons of low level white collar folks will loose there job making it very deflationary. Those people will find other professions. Not much different than the way the internet got rid of the typing pool and the bank tellers.
 
I wish people would stop calling it AI. Its generative AI. Meaning its not thinking up anything new. Its taking what the world already knows and making it accessible. When people say "its going to make a better EV battery" there wrong. It might be able to learn how a robot currently making an EV battery more quickly.

People will tell you its earth changing. Someone just paid a boat load of money to purchase all the content in Reddit to load into their AI model. I have been on Reddit. I can't see much in there that could be earth changing. Entertaining maybe?

It will change the way the world works. Anything currently digitized will be done by AI. So tons of low level white collar folks will loose there job making it very deflationary. Those people will find other professions. Not much different than the way the internet got rid of the typing pool and the bank tellers.
The comeback - people say AI "learns". Sure, SOMETIMES it won't repeat a mistake, but unlike true intelligent cognitive intuition - it can't avoid a whole series of wrong - but slightly different roads from a singular mistake
 
Lot's of "just imagine" in this thread. This new tech is all sunshine and rainbows now. That's how you sell it.

Remember nuclear energy, how it was supposed to usher a new age for men with super cheap, reliable, almost infinite energy? How did that turn out? Energy is anything but cheap and reliable and nukes are weapons that rot in silos and are then dumbed into oceans. All of that wasted energy for nothing.

A.I. has a much greater potential as a weapon than as a humanitarian aid given past history.
 
AI is certainly the hottest thing out there, all the rage, etc, for good reason. Of course it is far too early to get AI to do what they expect.
Like with anything new, there’s growing pains being felt, but the rate of evolution of the technology being measured in days and weeks, it’s been worthwhile for early adopters to keep tightly integrated with AI as it evolves. Look at Nvidia, Microsoft, Tesla, Apple and the rest.

Go big or go home.
 
AI is certainly the hottest thing out there, all the rage, etc, for good reason. Of course it is far too early to get AI to do what they expect.
Like with anything new, there’s growing pains being felt, but the rate of evolution of the technology being measured in days and weeks, it’s been worthwhile for early adopters to keep tightly integrated with AI as it evolves. Look at Nvidia, Microsoft, Tesla, Apple and the rest.

Go big or go home.
For sure. It’s new, it’s hot, it’s what everyone wants to get into, it seems.

How is it all going to turn out? We’ll have to wait and see.
 
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