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CIRCLE WITH A DOT

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  3. Give me your hottest takes:

Give me your hottest takes:

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  • annaecook@mastodon.socialA annaecook@mastodon.social

    Give me your hottest takes:

    If AI does not
    - have ROI when offered as a product / in platforms
    - or increase productivity in employees

    why are companies continuing to go all in on it?

    sbourne@mastodon.socialS This user is from outside of this forum
    sbourne@mastodon.socialS This user is from outside of this forum
    sbourne@mastodon.social
    wrote last edited by
    #2

    @annaecook I got nuthin

    1 Reply Last reply
    0
    • annaecook@mastodon.socialA annaecook@mastodon.social

      Give me your hottest takes:

      If AI does not
      - have ROI when offered as a product / in platforms
      - or increase productivity in employees

      why are companies continuing to go all in on it?

      drahardja@sfba.socialD This user is from outside of this forum
      drahardja@sfba.socialD This user is from outside of this forum
      drahardja@sfba.social
      wrote last edited by
      #3

      @annaecook Because we are still in the “I heard AI can replace employees, so let’s shove it everywhere to see if it’s true” phase.

      IMO we must not underestimate how much companies are driven by pure FOMO.

      kgf@hachyderm.ioK 1 Reply Last reply
      0
      • annaecook@mastodon.socialA annaecook@mastodon.social

        Give me your hottest takes:

        If AI does not
        - have ROI when offered as a product / in platforms
        - or increase productivity in employees

        why are companies continuing to go all in on it?

        gatesvp@mstdn.caG This user is from outside of this forum
        gatesvp@mstdn.caG This user is from outside of this forum
        gatesvp@mstdn.ca
        wrote last edited by
        #4

        @annaecook sadly, all I have are nuanced and detailed takes. Is that a reply you'd care about?

        annaecook@mastodon.socialA 1 Reply Last reply
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        0
        • R relay@relay.mycrowd.ca shared this topic
        • drahardja@sfba.socialD drahardja@sfba.social

          @annaecook Because we are still in the “I heard AI can replace employees, so let’s shove it everywhere to see if it’s true” phase.

          IMO we must not underestimate how much companies are driven by pure FOMO.

          kgf@hachyderm.ioK This user is from outside of this forum
          kgf@hachyderm.ioK This user is from outside of this forum
          kgf@hachyderm.io
          wrote last edited by
          #5

          @drahardja @annaecook Yup, came here to share a post I'd seen that was basically along these lines. Executives and/or shareholders care more about firing employees than about producing anything that actually works.

          Joelle (@joelle@social.joelle.us)

          The *entire* selling point to investors of LLMs is "we won't need to employ people." That's it. That's all. That's why "AI" is worth trillions of dollars. No pesky humans to bother with. It's not "the workers will be more creative" or "we'll help the disabled." There's no investment money for that. A company is what the worst investors are.

          favicon

          Joelle's Fediverse Outpost (social.joelle.us)

          kgf@hachyderm.ioK 1 Reply Last reply
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          • kgf@hachyderm.ioK kgf@hachyderm.io

            @drahardja @annaecook Yup, came here to share a post I'd seen that was basically along these lines. Executives and/or shareholders care more about firing employees than about producing anything that actually works.

            Joelle (@joelle@social.joelle.us)

            The *entire* selling point to investors of LLMs is "we won't need to employ people." That's it. That's all. That's why "AI" is worth trillions of dollars. No pesky humans to bother with. It's not "the workers will be more creative" or "we'll help the disabled." There's no investment money for that. A company is what the worst investors are.

            favicon

            Joelle's Fediverse Outpost (social.joelle.us)

            kgf@hachyderm.ioK This user is from outside of this forum
            kgf@hachyderm.ioK This user is from outside of this forum
            kgf@hachyderm.io
            wrote last edited by
            #6

            @drahardja @annaecook I suppose if I were to append my own hot take, it'd be that executives also love the yes-machine that will do whatever they ask quickly without pointing out how awful of an idea it is.

            On the other hand, employees who possess more than a single-digit number of brain cells and actually care about end users tend to speak up and resist.

            SV executives come up with multiple awful ideas per week on average, so replacing employees with LLMs would surely reduce a lot of friction for them...

            1 Reply Last reply
            0
            • annaecook@mastodon.socialA annaecook@mastodon.social

              Give me your hottest takes:

              If AI does not
              - have ROI when offered as a product / in platforms
              - or increase productivity in employees

              why are companies continuing to go all in on it?

              ryanparsley@mastodon.socialR This user is from outside of this forum
              ryanparsley@mastodon.socialR This user is from outside of this forum
              ryanparsley@mastodon.social
              wrote last edited by
              #7

              @annaecook basic gartner peak situation where ignorance about a thing creates a vacuum that is filled with hope. One can imagine such fantastic outcomes when not burdened with reality.

              1 Reply Last reply
              0
              • annaecook@mastodon.socialA annaecook@mastodon.social

                Give me your hottest takes:

                If AI does not
                - have ROI when offered as a product / in platforms
                - or increase productivity in employees

                why are companies continuing to go all in on it?

                xgranade@wandering.shopX This user is from outside of this forum
                xgranade@wandering.shopX This user is from outside of this forum
                xgranade@wandering.shop
                wrote last edited by
                #8

                @annaecook The mere dream of having commoditization workers with no labor rights at all is so overwhelmingly strong with capital-class fucks.

                inherentlee@flipping.rocksI 1 Reply Last reply
                0
                • xgranade@wandering.shopX xgranade@wandering.shop

                  @annaecook The mere dream of having commoditization workers with no labor rights at all is so overwhelmingly strong with capital-class fucks.

                  inherentlee@flipping.rocksI This user is from outside of this forum
                  inherentlee@flipping.rocksI This user is from outside of this forum
                  inherentlee@flipping.rocks
                  wrote last edited by
                  #9

                  @xgranade @annaecook mhm. it's an anti-worker, anti-labor power grab.

                  1 Reply Last reply
                  0
                  • annaecook@mastodon.socialA annaecook@mastodon.social

                    Give me your hottest takes:

                    If AI does not
                    - have ROI when offered as a product / in platforms
                    - or increase productivity in employees

                    why are companies continuing to go all in on it?

                    cthos@mastodon.cthos.devC This user is from outside of this forum
                    cthos@mastodon.cthos.devC This user is from outside of this forum
                    cthos@mastodon.cthos.dev
                    wrote last edited by
                    #10

                    @annaecook Couple of compounding reasons depending on the company:
                    1. The desire to upend / devalue labor is strong.
                    2. The stock market is still rewarding "AI Announcements" because of 1.
                    3. PE / VC / other Equity is trying to hold on until they can pawn the risk off on retail investors before the bubble burst.
                    4. I legitimately think the "talks like person bot" is driving people to make irrational decisions because it short-circuted their brains. These people tend to be execs.

                    1 Reply Last reply
                    0
                    • gatesvp@mstdn.caG gatesvp@mstdn.ca

                      @annaecook sadly, all I have are nuanced and detailed takes. Is that a reply you'd care about?

                      annaecook@mastodon.socialA This user is from outside of this forum
                      annaecook@mastodon.socialA This user is from outside of this forum
                      annaecook@mastodon.social
                      wrote last edited by
                      #11

                      @gatesvp haha I would be happy for any take!

                      gatesvp@mstdn.caG 1 Reply Last reply
                      0
                      • annaecook@mastodon.socialA annaecook@mastodon.social

                        Give me your hottest takes:

                        If AI does not
                        - have ROI when offered as a product / in platforms
                        - or increase productivity in employees

                        why are companies continuing to go all in on it?

                        scott@sfba.socialS This user is from outside of this forum
                        scott@sfba.socialS This user is from outside of this forum
                        scott@sfba.social
                        wrote last edited by
                        #12

                        @annaecook sigh

                        My feeling (not sure it even counts as a “take”) is that the fantasy and dream of what “AI” *could* be is too enticing to resist.

                        There is admittedly an “indistinguishable from
                        magic” feeling to some of what these tools appear to be able to do (until you look most closely or critically).

                        I see it as a very human problem, not a tech problem or even a tech issue.

                        We (collective “we”) tend to look past the flaws because these LLMs are very good at outputting what we expect them to output (Synchophancy as a Service).

                        Then it’s only one more mental leap to accept what the CEOs of these companies claim. (“AGI is imminent!”)

                        If you’re the CEO who makes GPUs, well you’d be leaving money on the table to NOT exploit these delusions.

                        If you’re any CEO with a website or app, you also don’t want to miss the bandwagon because the believers are so vocal about how this is “revolutionary” etc.

                        I don’t believe in conspiracies but I do believe in systemic, collective delusions of self interest.

                        1 Reply Last reply
                        0
                        • annaecook@mastodon.socialA annaecook@mastodon.social

                          Give me your hottest takes:

                          If AI does not
                          - have ROI when offered as a product / in platforms
                          - or increase productivity in employees

                          why are companies continuing to go all in on it?

                          heybenji@social.coopH This user is from outside of this forum
                          heybenji@social.coopH This user is from outside of this forum
                          heybenji@social.coop
                          wrote last edited by
                          #13

                          @annaecook sunk cost fallacy.

                          1 Reply Last reply
                          0
                          • annaecook@mastodon.socialA annaecook@mastodon.social

                            Give me your hottest takes:

                            If AI does not
                            - have ROI when offered as a product / in platforms
                            - or increase productivity in employees

                            why are companies continuing to go all in on it?

                            blazr@chaos.socialB This user is from outside of this forum
                            blazr@chaos.socialB This user is from outside of this forum
                            blazr@chaos.social
                            wrote last edited by
                            #14

                            @annaecook ignoring the reality is a widely accepted concept in the business of "leading" companies. CEO's just love it!

                            behaviour of the human being is mostly driven by continous irrationality. irrational behaviour is promoted by weird concepts/ideas like "I", "We" and "God".

                            1 Reply Last reply
                            0
                            • annaecook@mastodon.socialA annaecook@mastodon.social

                              Give me your hottest takes:

                              If AI does not
                              - have ROI when offered as a product / in platforms
                              - or increase productivity in employees

                              why are companies continuing to go all in on it?

                              camerontw@social.coopC This user is from outside of this forum
                              camerontw@social.coopC This user is from outside of this forum
                              camerontw@social.coop
                              wrote last edited by
                              #15

                              @annaecook Finance Capital is not about accumulating money, but making money from the movement of money, so there needs to be something to spend investment money on, which in this case is building data centres; investors will get out before returns are relevant - image from https://www.patreon.com/posts/poetry-of-blade-43809667

                              Link Preview Image
                              1 Reply Last reply
                              0
                              • annaecook@mastodon.socialA annaecook@mastodon.social

                                @gatesvp haha I would be happy for any take!

                                gatesvp@mstdn.caG This user is from outside of this forum
                                gatesvp@mstdn.caG This user is from outside of this forum
                                gatesvp@mstdn.ca
                                wrote last edited by
                                #16

                                @annaecook let's first talk about increased productivity.

                                Big white collar employers are in a big crunch right now. They need to deliver more of whatever it is they are delivering, but they have run out of employable humans and they have already deployed most of the modern technology that is available to make those humans faster.

                                This isn't just about infinite capitalist growth either. People need more and better access to the legal system, the medical system, the financial system, the education system.

                                So if you're a CEO of a white collar org, you are looking for the next big thing. You spent a decade and a half rolling out all the minor technical improvements, but there's nothing else you can do there. You need to find a real way to get more done with less so that people can actually afford to take their landlords to court, or get an education for a new job without drowning in a lifetime of debt.

                                So you go back to your tech vendors looking for the next hit... What have you got?... 🧵

                                gatesvp@mstdn.caG 1 Reply Last reply
                                0
                                • gatesvp@mstdn.caG gatesvp@mstdn.ca

                                  @annaecook let's first talk about increased productivity.

                                  Big white collar employers are in a big crunch right now. They need to deliver more of whatever it is they are delivering, but they have run out of employable humans and they have already deployed most of the modern technology that is available to make those humans faster.

                                  This isn't just about infinite capitalist growth either. People need more and better access to the legal system, the medical system, the financial system, the education system.

                                  So if you're a CEO of a white collar org, you are looking for the next big thing. You spent a decade and a half rolling out all the minor technical improvements, but there's nothing else you can do there. You need to find a real way to get more done with less so that people can actually afford to take their landlords to court, or get an education for a new job without drowning in a lifetime of debt.

                                  So you go back to your tech vendors looking for the next hit... What have you got?... 🧵

                                  gatesvp@mstdn.caG This user is from outside of this forum
                                  gatesvp@mstdn.caG This user is from outside of this forum
                                  gatesvp@mstdn.ca
                                  wrote last edited by
                                  #17

                                  @annaecook ...

                                  And those technology vendors are like:

                                  "We have this GenAI tool, it looks like it's really good at processing text as data, it might even be able to write software code. So you'll need less of those really expensive engineers that nobody can find."

                                  You're the CEO of a bunch of professional paperwork pushers and now you have something that can push paper even faster? I mean, that sounds like an actual win.

                                  And then, as icing on the cake, these tech companies are so desperate for people to roll this out, they offering it all to you at a discount. Possibly even a loss. Because you ran out of new tech last year, but they ran out of new tech in 2021.

                                  So you sign the contract and you drop the mandate: "we're all in on AI, everyone is going to use it, we're going to be better". And soon everyone is doing it, nobody wants to get left behind, nobody wants to be the company that missed the best tech since the personal computer... 🧵️

                                  gatesvp@mstdn.caG 1 Reply Last reply
                                  0
                                  • gatesvp@mstdn.caG gatesvp@mstdn.ca

                                    @annaecook ...

                                    And those technology vendors are like:

                                    "We have this GenAI tool, it looks like it's really good at processing text as data, it might even be able to write software code. So you'll need less of those really expensive engineers that nobody can find."

                                    You're the CEO of a bunch of professional paperwork pushers and now you have something that can push paper even faster? I mean, that sounds like an actual win.

                                    And then, as icing on the cake, these tech companies are so desperate for people to roll this out, they offering it all to you at a discount. Possibly even a loss. Because you ran out of new tech last year, but they ran out of new tech in 2021.

                                    So you sign the contract and you drop the mandate: "we're all in on AI, everyone is going to use it, we're going to be better". And soon everyone is doing it, nobody wants to get left behind, nobody wants to be the company that missed the best tech since the personal computer... 🧵️

                                    gatesvp@mstdn.caG This user is from outside of this forum
                                    gatesvp@mstdn.caG This user is from outside of this forum
                                    gatesvp@mstdn.ca
                                    wrote last edited by
                                    #18

                                    @annaecook ...

                                    why are companies continuing to go all in on it?

                                    Because they don't have anything else.

                                    They want more customers, they want more profits, they want more value in the world. And if they don't spend this money on AI technologies, what else are they going to spend it on?

                                    I'm serious here. Instead of asking "why are companies spending all of this effort/money on AI?", flip it around, let's come up with non-AI things we think companies should do.

                                    "Instead of spending money on AI, Company X should invest in Y".

                                    Imagine you're the CEO of McKinsey, you push oodles of paperwork. You push oodles of paperwork, if you can't use an AI tool to help you process that paperwork, then what other investment should you be doing? Personally, I don't know. The high-speed paperwork interpreter sounds like a good investment. But I'm open ideas.

                                    Rinse repeat for other industries: Insurance, Banking, Medical, Legal, Regulatory... if it's not AI, where do the research dollars go?... 🧵️

                                    gatesvp@mstdn.caG 1 Reply Last reply
                                    0
                                    • gatesvp@mstdn.caG gatesvp@mstdn.ca

                                      @annaecook ...

                                      why are companies continuing to go all in on it?

                                      Because they don't have anything else.

                                      They want more customers, they want more profits, they want more value in the world. And if they don't spend this money on AI technologies, what else are they going to spend it on?

                                      I'm serious here. Instead of asking "why are companies spending all of this effort/money on AI?", flip it around, let's come up with non-AI things we think companies should do.

                                      "Instead of spending money on AI, Company X should invest in Y".

                                      Imagine you're the CEO of McKinsey, you push oodles of paperwork. You push oodles of paperwork, if you can't use an AI tool to help you process that paperwork, then what other investment should you be doing? Personally, I don't know. The high-speed paperwork interpreter sounds like a good investment. But I'm open ideas.

                                      Rinse repeat for other industries: Insurance, Banking, Medical, Legal, Regulatory... if it's not AI, where do the research dollars go?... 🧵️

                                      gatesvp@mstdn.caG This user is from outside of this forum
                                      gatesvp@mstdn.caG This user is from outside of this forum
                                      gatesvp@mstdn.ca
                                      wrote last edited by
                                      #19

                                      @annaecook

                                      If AI does not

                                      • have ROI when offered as a product / in platforms
                                      • or increase productivity in employees

                                      Here's the nuanced part. I don't think this is as true as we really make it out to be.

                                      I have spoken to several small business owners for whom these tools have been incredible. It's letting them turn around customer requests in hours instead of days. It's letting them do analysis that would have been completely impossible without the robot assistance. I've know lots of software engineers whose day jobs are completely transformed by the technology.

                                      Saying "it doesn't increase productivity" simply doesn't match with the people I've spoken with who are using this stuff for the very specific things it's good at.

                                      BUT... it's not all roses... especially for big companies. And this is where you're seeing the most public failures and disappointments.

                                      But those things are not problems with the technology, they're problems with big orgs, the technology is just surfacing them... 🧵️

                                      gatesvp@mstdn.caG 1 Reply Last reply
                                      0
                                      • gatesvp@mstdn.caG gatesvp@mstdn.ca

                                        @annaecook

                                        If AI does not

                                        • have ROI when offered as a product / in platforms
                                        • or increase productivity in employees

                                        Here's the nuanced part. I don't think this is as true as we really make it out to be.

                                        I have spoken to several small business owners for whom these tools have been incredible. It's letting them turn around customer requests in hours instead of days. It's letting them do analysis that would have been completely impossible without the robot assistance. I've know lots of software engineers whose day jobs are completely transformed by the technology.

                                        Saying "it doesn't increase productivity" simply doesn't match with the people I've spoken with who are using this stuff for the very specific things it's good at.

                                        BUT... it's not all roses... especially for big companies. And this is where you're seeing the most public failures and disappointments.

                                        But those things are not problems with the technology, they're problems with big orgs, the technology is just surfacing them... 🧵️

                                        gatesvp@mstdn.caG This user is from outside of this forum
                                        gatesvp@mstdn.caG This user is from outside of this forum
                                        gatesvp@mstdn.ca
                                        wrote last edited by
                                        #20

                                        @annaecook ...

                                        This GenAI technology has some very specific limitations.

                                        ✅️ Converts most "text" sources into "data" sources
                                        ✅️ Transforms "data" between modalities
                                        ❌️ Create "data"
                                        ❌️ Create Stakeholder Consent

                                        These things are incredible BS machines. They can generate BS all day at incredible speeds. But big companies were already drowning in BS, in bureaucracy. Big companies struggle to get Stakeholder Consent (also called "alignment").

                                        Giving Big Orgs a BS machine doesn't solve their core problem. It doesn't give them the data they need to make big decisions. It doesn't give them Stakeholder Consent to select and prioritize projects. It doesn't make humans make faster decisions.

                                        This is why all of the Big Orgs you see discussing this stuff are all reporting such dismal results. These tools can't help them fix their bottlenecks, it's just exposing those bottlenecks... 🧵️

                                        gatesvp@mstdn.caG 1 Reply Last reply
                                        0
                                        • gatesvp@mstdn.caG gatesvp@mstdn.ca

                                          @annaecook ...

                                          This GenAI technology has some very specific limitations.

                                          ✅️ Converts most "text" sources into "data" sources
                                          ✅️ Transforms "data" between modalities
                                          ❌️ Create "data"
                                          ❌️ Create Stakeholder Consent

                                          These things are incredible BS machines. They can generate BS all day at incredible speeds. But big companies were already drowning in BS, in bureaucracy. Big companies struggle to get Stakeholder Consent (also called "alignment").

                                          Giving Big Orgs a BS machine doesn't solve their core problem. It doesn't give them the data they need to make big decisions. It doesn't give them Stakeholder Consent to select and prioritize projects. It doesn't make humans make faster decisions.

                                          This is why all of the Big Orgs you see discussing this stuff are all reporting such dismal results. These tools can't help them fix their bottlenecks, it's just exposing those bottlenecks... 🧵️

                                          gatesvp@mstdn.caG This user is from outside of this forum
                                          gatesvp@mstdn.caG This user is from outside of this forum
                                          gatesvp@mstdn.ca
                                          wrote last edited by
                                          #21

                                          @annaecook ...

                                          And I've already seen this in the people I speak with. Software Engineers start cranking out features faster and suddenly the PMs can't keep up with specs. They have features available to ship faster than the Analytics team can complete significance testing on the effects of the change.

                                          A lot of things we do still have a maximum human-imposed speed.

                                          I have a friend who works on a Build/Release for a huge product. They ship Android and iOS very regularly. The company rolls out an "GenAI tools to increase productivity" mandate. They roll out some new tools, they're now getting 2x successful builds every day... they still only ship once / 2 weeks because iOS won't approve more than that.

                                          The success of the GenAI tools could have been 100x, it wasn't going to ship the iOS app any faster. GenAI doesn't create Stakeholder Consent, Apple hasn't consented... 🧵️

                                          gatesvp@mstdn.caG 1 Reply Last reply
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