Companies building entire workflows to replace existing ones on technology that is already expensive, is losing money on every use, failed to show it can reliably do the things it claims, has burned unknown billions in advancing marginally, and will almost certainly get exponentially more expensive as the AI providers realize they have no more investors as we precariously navigate possible global recession and trade/supply chain complications.<p>What could go wrong?
Not just AI. Entire science progress is funded by FOMO. Businesses buy some tech only to be competitive. Businesses were happy with their revenue even when there were no computers around. I had to go to moon just because the other stupid guy went there.
"Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it." - Dan Ariely (at least as early as 2018)<p>s/Big Data/AI/g
FOMO is another way of saying risk mitigation though.<p>Sure it's not a silver bullet now but <i>what if</i> it becomes in a year or two and they didn't do it...