this post was submitted on 21 Oct 2024
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[–] weew@lemmy.ca 11 points 11 hours ago* (last edited 11 hours ago) (5 children)

Yeah, but the 0.1% remaining will take over the world.

Does anyone remember the era when there were a million search engines? Google didn't spawn alone.

Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.

People are trying to vindicate their dislike of AI, pointing to trends like this as if it were supporting evidence. But saying "AI is going to be a big flop because 99% of companies today will end up failing" is as stupid as saying "online shopping will never work because 99% of online stores will close by the year 2010"

[–] pup_atlas@pawb.social 2 points 1 hour ago

Sure, but the difference here was that all those companies were offering something different. Some had better results than others, a better ui, more accuracy in certain niches, etc. But 99% of AI companies now are all effectively reselling the OpenAI API. They aren’t making an effort to differentiate themselves at all. It’s as if Google was the only shop in town, and everyone bought all their search data an algorithms to slap their logo on. That’s just simply not sustainable at anywhere near the scale it is now. This won’t be a 3-5 year decline, it’ll be a 2 month crash.

[–] figjam@midwest.social 7 points 4 hours ago (1 children)
[–] capital@lemmy.world 3 points 3 hours ago
[–] dan@upvote.au 14 points 7 hours ago* (last edited 7 hours ago) (2 children)

Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.

Fun fact: the first online store still exists. It's Pizza Hut. They launched an experiment for online ordering in 1994. The first company to ever sell a product on the web.

[–] wavebeam@lemmy.world 5 points 7 hours ago

Yum brands has always been at the forefront of using tech to sell fast food. This was true then and is true now. Taco Bell has pioneered kiosks and in-app ordering as well as KDS in QSR environments.

[–] Cryophilia@lemmy.world 2 points 7 hours ago

That is a fun fact!

[–] Eyck_of_denesle@lemmy.zip 5 points 8 hours ago (1 children)

I doubt anyone is downplaying that. People are just discussing how all companies are pushing A.I into products that don't need it. Idk about you but I'm tired seeing A.I advertised as a feature on every app/site when it's just a gpt wrapper.

[–] LavenderDay3544@lemmy.world 5 points 8 hours ago

The rot has even spread into hardware. No one wants die space wasted on a stupid NPU with with less than 1/1000 of the computing power their GPU has and can't be used for anything other than local LLMs which FTI very few people use and those that do tend to have powerful Nvidia GPUs.