Where Is the Money in Generative AI?
In the disscussions over AI hype last couple years or so, often the question pops up - “Where is the money in generative AI?”. Because the most of my friends and collegues are engineers, they try to look at this technology through the prism of some useful applcation and usually complaining about how undercooked this technology at the present and genuinely believing in the investors’ “stupidity”.
Where’s the money?
You’ve heard the buzz words in ai-opposing arguments - “computational cost”, “ai hallucinations”, etc. The fact is, the investors don’t (and shouldn’t) care about the useful applications or “small” flaws like “ai hallucinations” - the investors are not as stupid as some of us think. The returns are indeed promising.
Microsoft, Google and the others are currently implementing what is called “product adaptation phase” for the generative AI. It will slowly become a part of everything we use daily. Needless to say, the technology itself has a lot of potential and it’ll make our live easier in some aspects. The biggest aspect of them all is consuming the context advertisement.
Yes, the money is still where it’s always been, but now the ads will be more contextual and personalized than ever. An average consumer is tired of traditional adv - we’re automatically skipping even the most uninvasive ads, so it needs to be personalized. Just watch Bing and Google - how they’ll transform user experience in the next couple years. Salesman in your pocket has always been the google’s dream. And who knows what else could be integrated besides the context advertisement, but I am sure something is in the development.
I read between the lines when Zuck says “the internet should become integrated in the real world” or “we’ll have an ai engineer comparable to a middle level developer”. This is not what he really means, but he tells the truth - not as much devs are in demand when the market is oversaturated and being stagnated for a decade. Think about it, and I told you so three years ago. 🤡
What should we do?
IDK. Buy a farm, grow some veggies. Those who came to this industry for money won’t survive otherwise. 🤡🤡
Peace ✌️
PS:
Please do not support the AI regulation laws! AI doesn’t take anyone’s job. The layoffs are happening because the market is oversaturated as it is w\o AI. The middle level engineers are not in demand in feature rich products being at the end of live, simply because there’s less to develop. The regulation laws create monopolies and kill innovation. The scarecrows like “ai will replace humans” or “ai is unsafe” are the narratives meant to create new monopolies.