The Register MS is Still Being Paid to Participate in the "AI" Ponzi Scheme Which Will Crash the Economy
This was published just less than a day ago:
Older:
- Follow the Money: The Register MS Gets Paid to Promote "Hey Hi" Ponzi Scheme/Hype, Some Fake 'Articles' Might Be Composed by LLMs Already
- The Register MS Needs to Stop Participating in the "Hey Hi" (AI) Hype, But It Gets Paid to Participate in This Hype
- The Register MS (Situation Publishing) is Paid to Spread Mindless Hype for the "Hey Hi" Ponzi Scheme and That's a Serious Problem
The Register MS (Situation Publishing) is looking to profit from something very evil. As Cory Doctorow put it yesterday:
So I re-iterated the book’s thesis: that the AI bubble is driven by monopolists who’ve conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector, e.g. “pivot to video,” crypto, blockchain, NFTs, AI, and now “super-intelligence.” Further: the topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters (“humans in the loop”), which won’t work. Finally: AI cannot do your job, but an AI salesman can 100% convince your boss to fire you and replace you with an AI that can’t do your job, and when the bubble bursts, the money-hemorrhaging “foundation models” will be shut off and we’ll lose the AI that can’t do your job, and you will be long gone, retrained or retired or “discouraged” and out of the labor market, and no one will do your job. AI is the asbestos we are shoveling into the walls of our society and our descendants will be digging it out for generations.
The Register MS is hoping to get lucky by tricking people into a scam. That's putting it honestly, as even the previous Editor in Chief at The Register MS knew it was a scam [1, 2]. █