AI could be such a neat, useful thing. But nope, capitalists can't help themselves. Gotta use it to grift the internet with low quality content and steal from artists.

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[–] LanyrdSkynrd@hexbear.net 34 points 5 months ago

I want the bubble to burst, but it seems like companies can get away with being fraudulent forever now.

Tesla was a fake ass company built on hype for so long. There was several years it was worth more than all the other automakers combined, despite being incredibly unprofitable. Yet Elon was able to keep boosting one scam after another until it was a real(but significantly smaller than promised) company. He was going to build a $35k electric car years ago, going to have a fully automated factory, going to have 1 million robotaxis on the road in 2018, going to launch an insurance company, and many more promises. Each time the company was desperate to raise cash, he gave a presentation with big promises, and all the dipshit venture capital firms lapped it up.

AI is a perfect grift, too. It's really easy to trick people into thinking something is intelligent, you just need to make it produce human like output from real human input that you steal.