this post was submitted on 23 Oct 2026
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Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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cross-posted from: https://lemmy.ml/post/54396848

If you want to know whether artificial intelligence is a gigantic economic bubble, don’t just take pundits’ word for it. Major investors are now moving their money to try to protect themselves from the AI bubble popping.

For an industry that we’re told is central to our collective future, the artificial intelligence (AI) industry increasingly seems to be built on a combination of artificially inflated hopes and bad accounting.

The industry’s critics have been raising concerns about its finances for a while: the fact that most of its flagship firms are grossly unprofitable, that they’ve had to jack up their prices to try break even (leading their business customers to pump the brakes on using their products), or that many of the eye-popping investment announcements that are meant to show demand for AI is strong have actually been circular financing — meaning different AI firms cycling money to and from each other.

But none of it has seemed to slow the industry’s boom or the relentless hype machine behind it. Until now, anyway. It used to be that you mostly heard concerns about the industry’s underlying economics in newspapers, blogs, social media posts, and podcasts, and that those concerns went completely unreflected in the markets. But these concerns seem now to have finally bled over into investors’ thinking.

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[–] Treczoks@lemmy.world 8 points 6 days ago

If the banks desperately want to sell you something, you know it must smell fishy.

They want to get the growing risk out of their portfolios, and when other banks and investors don't want to take it, they try to find idiots in the masses instead. In Germany, they had the word "Volksaktie" (shares for the common people) for it, and yes, it was about the same, even though back then there still was some substance behind it, and not just greed and unfulfilled contracts like with the AI bubble.

[–] Tollana1234567@lemmy.today 10 points 6 days ago (1 children)

they are keeping the grift going as long as possible,

[–] jode@pawb.social 4 points 6 days ago

The grift that keeps on grifting

[–] myyass@lemmy.world 7 points 6 days ago

You know, when I paid 2k for a graphics card during the shortage. Maybe that was a good indicator that building giant warehouses using expensive and hard to make components was probably not the best course of action.

[–] MyOpinion@lemmy.today 5 points 6 days ago

I have removed every dollar of my money from anything that is directly involved with AI.

[–] jj4211@lemmy.world 139 points 1 week ago (39 children)

Not just wall street, some of the pro-slop people in my work are getting increasingly desperate and unhinged.

They formed an 'AI native team' to develop 'groundbreaking new applications' more rapidly than our dumb old software development teams are doing even with AI tools available.

The logic: Obviously software development skills just make the developers too opinionated and they stand in the way of AI.

The problem: After 6 months, every single vibed up slop project has failed to get through QA, and the developers can't get AI to address the issues QA is reporting (similar stuff as people have been reporting with the slop-clones of Office and Photoshop, UI elements that fail to do anything despite looking like they should, the software doing one thing when it was asked to do another).

The proposed solution emailed out: QA obviously is a problem getting in the way of the slop the customers clearly want to pay for, so we should consider skipping QA and working with the customers instead to fix it. I'm hoping this is the line that executives won't cross, most of them have been chewed out by customers enough over more mundane fuckups that they could see what a shitstorm it would be to skip the only thing protecting us from shit.

[–] Bakkoda@lemmy.world 8 points 6 days ago

As a former quality person this is everywhere. Manufacturing has basically relegated QA/QO to be task based (reactive, paper pushing, etc) and removed from the process completely unless deviations occur (which they do all the time, go figure).

The further you are from the product the less value you have.

[–] clif@lemmy.world 6 points 6 days ago

I was ready to type "just fire QA and have the LLM do it" then I read the last paragraph.

I'm hoping this is the line that executives won't cross

Hate to be a downer here buuuut....

[–] Tollana1234567@lemmy.today 6 points 6 days ago

i know a pro-slop in my immediate family, he would refer to chat gpt as a way to solve whatever question he was having.

[–] brucethemoose@lemmy.world 2 points 6 days ago* (last edited 6 days ago)

That’s unfortunate. But less unfortunate than it could be.

The problem with pure vibecoding is that it can get really flashy results up front, just enough to impress and get green lights. But it’s completely unsustainable outside the simplest projects. At some point, vibecoded stuff gets issues, or one realizes certain features actually aren’t working, and no one can fix them.

In other words, it’s great that QA is already catching the issues. Because they could have quite possibly vibecoded something functional, passed through QA, and ended your separate effort, only for it to collapse later.

Note that I am strictly talking vibecoding, though. I know it’s not a popular opinion in this sub, but more mundane LLM “chore automation” is far more practical.

[–] BeatTakeshi@lemmy.world 2 points 6 days ago

That's next level FAFO

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