Badpenguin,There is no secret AI engine only available to the select few. Maybe some tech players get early access to certain new models that have been hyped, that is about it. The GPUs behind it are almost all the same, they are using the latest nVidia chips (except google and China). Some grifter really did a number on your company. What is really scary is that it is going to be people like you, and your company, who completely destroy the world's economy.
AI lies (hallucinates) to you when it doesn't know an answer. It is fundamental to how it functions and will not change, probably in our lifetime. You are forking the salary of a white collar worker over to another company to bet the future of your company's success on. Just think about that long and hard bud. These people and the entire AI industry are all grifters, they are defrauding everyone. If you have to check the results of the work because you _know_ it lies, is it really worth it? What happens when you get overconfident with the results? If it was MY money, MY retirement fund, that you are investing based off of the advice of AI, and you blew it, I'd hunt you down and take it out of your hide. You just think it is saving you time. And running forecasts is not AI, it is good old fashioned computing. There may be a very small number of things that "AI" is actually pretty good at, but it is nowhere near what people think.
We don't have the electrical grid to support it. These data centers are not actually being built. No one can show a profit being derived from the use of AI. Most companies are doing what is common now in tech, hype it up, sell it and cash out to become set for the rest of your life. No long game, no consideration of long term consequences. What happens when your AI provider goes tits up and you can't run your business any more? You can't find the experts to handle the coding any more? But hey, cash out now, screw the fact that you gambling away all of your client's money, that will be someone else's problem on down the line.
I truly hope you are right, and A.I. turns out to be a nothing-burger.
You suggested in your post that A.I. functions may not be "worth it", if you have to check its work. In the legal field, I would argue, this is not true. With some regularity, I use the A.I. feature on Westlaw--legal research software for lawyers, which just incorporated an A.I. search function. Because I worry the A.I. feature might get things wrong, I check all the important citations every time I use it. However, after a few months of use, this feature has not once been wrong. I am still going to check it. More important than this, checking the cite is way quicker than doing the research from scratch. As a result, lawyers who successfully make use of this feature are more productive. More productive individual lawyers results in large employers of legal labor hiring fewer lawyers.
It might be, as you suggest, that A.I. has less of an impact. I don't really think that changes the fundamental premise of my point for aspiring pool players. The cost of education is exceedingly high (for "normal" people), and the pay-off is not what it used to be. In the near term, I still think there is an over-supply of white-collar labor (unless maybe we are talking about work in the sciences). This over-supply, combined with the cost of education, and technological advances (even if A.I. doesn't kill us all), means that simply telling kids to stay in school is too simplistic.
kollegedave