oh wow who would have guessed that business consultancy companies are generally built on bullshitting about things which they dont really have a grasp of
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Education is one area where GenAI is having a huge impact. Teachers work with text and language all day long. They have too much to do and not enough time to do it. Ideally, for example, they should "differentiate" for EACH and EVERY student. Of course that almost never happens, but second best is to differentiate for specific groups - students with IEPs (special ed), English Learners, maybe advanced / gifted.
More tech aware teachers are now using ChatGPT and friends to help them do this. They are (usually) subject area experts, so they can quickly read through a generated or modified text and fix or remove errors - hallucinations are less (ime) of an issue in this situation. Now, instead of one reading that only a few students can actually understand, they have three at different levels, each with their own DOK questions.
People have started saying "AI won't replace teachers. Teachers who use AI will replace teachers who don't."
Of course, it will be interesting to see what happens when VC funding dries up, and the AI companies can't afford to lose money on every single interaction. Like with everything else in USA education, better off districts may be able to afford AI, and less-well-off (aka black / brown / poor) districts may not be able to.
Bye bye XBox ._.
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I'm buying semis. I don't see AI, construed broadly, as ever shrinking from its current position.
The hype of massive LLMs will die, but smaller companies in all sectors are only increasing the amount of GPUs they're buying.
To have a bubble you need companies with no clear path to monetization, being over-valued to an extreme degree. This leaves me wondering : what company specifically ? Are they talking about nVidia ? OpenAI ? MidJourney ? Or the slew of LLM-powered SaaS products that have started appearing ? How exactly are we defining "over-valuation" here ? Are we talking about the tech industry as a whole ?
We often invite the comparison to the DotCom bubble but that's apples to oranges. You had companies making social networks for dogs or similar bullshit, valued in the billions and getting a ticker at the stock market before making a single dime. Or companies with outlandish promises such as delivering to any home in the US, in <1 hour, for a low price, and building warehouses by the hundreds before having a storefront. What would be the 2024 equivalent ? If a bubble is about to deflate then there should be dozens of comparable examples.