The "Hey Hi" House of Cards
MIT Computer Science and Artificial Intelligence Laboratory
The cat is coming out of the bag [1, 2]. After repeated denials, excuses and attacks on messengers (which is what NVIDIA and Microsoft frantically do right now alongside cost-cutting moves) we are seeing more and more of the mainstream media saying what we've said (and many knew) all along: what they call "AI" isn't AI, it lacks intelligence, and it'll never work for tasks that they advertise their slop for. The number of users is rapidly decreasing, companies that adopted "AI" products become disillusioned and change course, and some self-described "AI" companies already shut down due to overwhelming debt, even financial fraud. In this one example, the Microsoft-backed (sponsored) company that committed fraud, engaged in SLAPP in the UK against journalists who had correctly reported the fraud.
The "Hey Hi" bubble is living on borrowed time (days or weeks) and it can implode any time now. All the lies and denials in the world have their limits; many investors out there fret the prospects of sudden collapse, so they'll hug and embrace any lie told to them about "Hey Hi" and the future (how long?) profitability prospects of "Hey Hi". █

