this post was submitted on 01 Jul 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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BBC: What is 'AI washing' and why is it a problem? (www.bbc.co.uk)
submitted 4 months ago by dgerard@awful.systems to c/techtakes@awful.systems
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[–] rook@awful.systems 13 points 4 months ago

Meanwhile, for investors it can make it harder to identify genuinely innovative companies.

The problem here isn’t AI, it’s that the investor class is fundamentally stupid. They got lucky, either by birth or by winning the startup lottery, and they’ve convinced themselves that this means they’re vastly more perceptive, intelligent and capable than everyone else.

I’m working for a startup right now, and investment rounds feel a lot like a bunch of idiots standing around waiting to see who’ll jump first, and when one goes the rest follow, because they haven’t a fucking clue what they’re doing but desperately need to believe their peers do.