Faults & Failures of A.I.

yes ! I think people fail to recognize that like outside of novelties there's very little tangible (something worth paying for as a business) value in the current AI boom. This was succinct and to the point but if I may make an additional argument for folks visiting here I think to stress how much money is being wrapped up in AI companies right now.

~35% of the US Stock Market is the "Magnificent Seven" tech companies over leveraged on AI right now. NVIDIA, about 20%, makes a lot of their money from sales of AI GPU from those other companies. I've heard folks say the GPUs could be repurposed for research but come on that market share/valuation is inherently wrapped up in the speculation that AI-based tech companies are going to somehow figure out how to turn a profit. If NVIDIA falls the others fall and vice versa. If those others fall you're going to see massive downstream effects on the stock market/economy as a whole.

Hi, I thought that this was an interesting piece.
So if I understand it, you’re saying that the biggest threat isn’t that AI could go rogue and take us out- it’s that we’re heading for a new iteration of the dot.com bubble crisis, this time with a side order of wider job losses because companies buy into the “false”promises of what AI can deliver. 

Have I got that right?

My thought which doesn’t seem to be a big sticking point for government isn’t the cost to us in cash, it’s the water and power these developments require and the ancillary effects on the environment- apparently AI is going to solve all that for us!