Observant Irreal readers will have noticed that I hardly ever write about AI and its attendant hoopla. I recognize that it has shown itself useful in certain restricted domains but I can’t shake the feeling that it’s mainly a magic trick powered by statistics, about which Benjamin Disraeli purportedly said, There are lies, damned lies, and statistics.
Everyone in the tech world, and elsewhere, is talking about AI and there is a strong, if subtle, pressure to get onboard. Terence Eden says no and rejects the pressure to avoid being left befind. He compares the AI hype to the previous hype about cryptocurrencies. Remember them?
Eden recalls being told to avoid being left behind on cryptocurrencies or “enjoy being poor”. The whole argument struck him as strange. From what was he going to be left behind? If, and when, he said, BitCoin and its siblings became useful, less volatile, reliable, and easier to use, he could adopt them then without the attendant risk of being an early adopter.
He feels exactly the same about AIs. As I said above, he has found them marginally useful in specific domains but not generally ready for widespread use. Indeed, in the journalism business, for example, they seem mainly useful for getting journalists fired.
If the AI tech proves to be as amazing as they claim, he says, there will plenty of time for him to adopt it. In the mean time, he’s not wasting time and effort on what may prove to be another technology that never realizes its claimed potential.