Ai would fucking hate my job more than I do so I’m not worried.

@diamondvideos1061

25 күн бұрын

🤣

@neilcook1652

25 күн бұрын

❤

@boyasaka

25 күн бұрын

I'm not worried until they make a robot that can run a sewage treatment works including cleaning up gallons of shit when things go wrong lol

@An_Involuntary_Skeptic

25 күн бұрын

It can automate the shit outta your job and pass it other sub processes to run the random shite. It sees your hate as the problem to solve. P.s: thats the ideal AI anyway, probably take us 5 years or more

@piccalillipit9211

25 күн бұрын

@@boyasaka Sewage workers are the most valuable people in society measured by number of lives saved per day worked...!!!

My company is producing "AI software" for the NHS. Its not AI. Its an automation algorithm using SQL that could have been done a decade ago if people coulr have been bothered. But hey, its AI now!!! Buy our AI!!!

@BiblicalBasics

24 күн бұрын

Ripping off the NHS is a long-standing tradition I am sorry, as a tax payer, to say.

@theastuteangler

22 күн бұрын

I'll take two.

@quandaledingle2107

20 күн бұрын

@@theastuteangler 😂

@Cfb2987

19 күн бұрын

Sounds accurate.

@chrissgchriss

17 күн бұрын

At least you used a database, Amazon's AI shopping used a bunch of people in India as the backend. LOL!

All I want ai to do is when I look at a grainy cctv image I can say 'enhance ' and it zoom in for a perfect crystal clear image. Just like the movies.

@TheRealHassan789

25 күн бұрын

This is already somewhat possible

@change2023now

25 күн бұрын

@@TheRealHassan789 "somewhat" being the key word.

@arbpaninken6719

25 күн бұрын

@@TheRealHassan789 It's not, the end result is a bit shit. And this is basic stuff

@d0m96

25 күн бұрын

@@TheRealHassan789 You cannot make detail out of nothing. AI will do it, but it will just be a hallucination, which is absolutely pointless. Actually, it's a great metaphor for how useless AI is.

@TheRealHassan789

25 күн бұрын

@@d0m96 check this paper out: “Personalized Restoration via Dual-Pivot Tuning” … it’s pretty cool. Because it lets you bias the “noise” with known facts. Hence AI can actually do a pretty good job.

So when they need the content the social contract is that it's free use, but when it comes to torrenting tv shows and movies it's like stealing a car? 😂

@SashaYanshin

24 күн бұрын

Exactly.

@CheezMonsterCrazy

15 күн бұрын

Also ignoring that free use implies that the content is being used in either a transformative manner or for education purposes. Using it as training data for a commercial product should not count, as the content is not transformed in any way by the actual people handling it, or selling the product it was used to train. In fact, only the end user should be protected, as they are then using the data transformatively to generate things.

@matsim0

12 күн бұрын

This

@robertruffo2134

10 күн бұрын

Because if everyone downloads movies for free then they will be financed how exactly? How will all the people working on them pay their rent?

@ninjasites

10 күн бұрын

​@@robertruffo2134they can go ahead and eat the bugs

7:56 that Microsoft AI CEO is so full of sh*t. Everything uploaded on the internet is freeware? What planet is he living on?

@SashaYanshin

24 күн бұрын

The amazing thing is that all the tech bros and young keyboard warriors support this sort of statement because they completely do not understand the implications.

@BinaryDood

23 күн бұрын

@@SashaYanshin so Microsoft is ours now as well

@Dexter01992

21 күн бұрын

Everything is free for the taking regardless of laws, ethics and common sense but don't you DARE take away from them or they will run after you. That's the average way of thinking of these people.

@orangedark

18 күн бұрын

He also implied Windows OS and Office suits are freeware. I love that. 🙂

@patrickcardon1643

15 күн бұрын

Unless it's Microsoft's sh*t of course, that's copyrighted ... also reason why AI is cr*p ... internet is full of cr*p, so cr*p in, cr*p out ...

I work in a corporate office for an international company. As an IT support manager, all my leadership keeps asking "cant we automate this with AI" ... they say this about everything. My plan is to stay human, analog and manual. In the future, that will be the specialty..

@4444jen

24 күн бұрын

“There’s no place like home.” We had the power all along.

@bmanone

22 күн бұрын

"AI could help with automation, but also need developers. So money please"

@CheezMonsterCrazy

15 күн бұрын

Those same people two years ago, when asked if there was a budget to create traditional automation tools (which most of these "AI" products are anyway), would claim it wasn't worth it.

@patrickcardon1643

15 күн бұрын

tell them to use VBA in Excel 🤣

@svnbit8408

11 күн бұрын

How many people in your office have Mac addresses?

Too many companies are claiming to be AI when they are not . Its become a buzzword to be accepted by places with nothing more than a normal software algorithm.

@SashaYanshin

25 күн бұрын

Very accurate. And this is exactly what a bubble looks like every time too.

@brainites

25 күн бұрын

🤣

@midiminion6580

25 күн бұрын

lol. I guess thats what algorithms are: AI.

@andrzejostrowski5579

25 күн бұрын

Ok, which company actually has “AI”? I mean, real AI, not just a pre-trained neural network.

@korkor8960

25 күн бұрын

​@@andrzejostrowski5579 There are no real AI at this time. All these fake "ai" is just algorithms, more powerful, but still it's just algorithms. 😂🎉

And from a creative point of view, it’s hilarious how much effort, and resources are being pumped into tech that gives you less control

I used to work for a company making packaging machinery, our customers would always insist that we should have the latest controllers, use the latest motor technology and have lovely HMI's everywhere, all of our competitors did.... this was all nice and good, we could do all of these things but at an upcost to the customer. I explained to many customers that our standard machine offerings with their basic control systems were proven, worked well, were easy to operate and maintain and cheaper than adding the technology they wanted, our standard machines also had a much quicker turn round and we made more money on them. The question I ended up asking our management was do, we really want all this technology on our machines if it's not really that beneficial, is more complex and is costing us more? The answer was that we need to use this technology because all of our competitors do, we can't be left behind... perhaps that's the issue with AI we have it because we have to.

i recently did an interview with a startup company in germany that is using ai to attempt to automate trucking. the job is working at a desk with a gaming wheel and watching 4 trucks do their work at a port, when the truck gets stuck you take over and help them out. meaning a single driver is technically driving 4 trucks at once. i think most ai will end up in a similar capacity, reducing the need for labour. otherwise the entire planet will grind to a halt because a bird flew in front of a camera.

@GIGADEV690

11 күн бұрын

😂😂 Western companies have already failed on automatic 😂

@yvesgingras1475

8 күн бұрын

What happen with lost of signal and blackout? Thats what I tough.

@joelrobinson5457

5 күн бұрын

So, you could rob a truck without the need for hurting anyone? And you could strip them for parts too? Cyberpunk esque call the police when danger is detected sensors, or other defences could be easily circumvented with the right knowledge. So robbing trucks

Asking Sora to tweak a video is like asking a painter to paint a new version of a masterpiece without looking at the original, with a few "changes"

I will not pay for artificial intelligence when I can use real intelligence for free.

@crashbobsquarepants7323

22 күн бұрын

I use both

@Torbintime

22 күн бұрын

Most funny boomer

@chrisf1600

18 күн бұрын

Pretty sure that humans require payment too

A friend wants to remove 90% of the devs from his office because AI can now generate code. He wants to keep a few to manage the code. What he doesn't realise yet, is that although useful for some code ideas and snippets, a lot of what it churns out is bollocks and you have to correct the AI and make it do it again. Then you have to figure out how to add that code into your own. We are far away from replacing humans in some roles, but people really think that AI is better than it is right now.

@spacechannelfiver

22 күн бұрын

I find it useful as a better version of smart complete; but you still need to know what you want it to do, how to architect a larger system and proof read what ever it spits out.

This is why Microsoft now want access to everything you do on your computer. The low hanging fruit on the internet is gone so now they will scrape your every minute of life.

*IT APPEARS WE HAVE REACHED PEAK TECH* as someone said "“we perfected the internal combustion engine in about 1940 - since then it has just been minor incremental improvements - 80 years of tiny advancements - maybe we have reached peak tech"

@adamaglionby7438

25 күн бұрын

Atmospheric engine was peak steam until James Watt came along.

@merefield2585

25 күн бұрын

But at least cars became reliable ...

@mikerodent3164

24 күн бұрын

@@adamaglionby7438 Actually James Watt's engine was an atmospheric engine but with incremental changes to Newcomen's invention, yielding impressive gains in efficiency. The first true steam invention was I believe down to Trevithick, in about 1801. I have a soft spot for Trevithick: he won a bet on his steam-driven "road" engine ("Puffing Devil") being able to move coal near Merthyr Tydfil better than pit ponies. But he was so happy to have won that he retired to the pub with his mates, leaving the engine puffing away, as a result of which it then blew up.

@lukeandrew3335

24 күн бұрын

In 1698, Thomas Davey sold commercial steam pumps. And of course the Aeolipile.

@piccalillipit9211

24 күн бұрын

@@mikerodent3164 Then we invented the steam turbine - which we still use in nuclear subs and carriers and power stations

It is ridiculous how many promises are made regarding AI generating text, music, code, pics videos and ultimately be smarter than humans. And all it is is a glorified optimization algorithm that finds a most likely word, note, token, picture or video fragment that would fit the best given the input requirements and limitations. Sure it will be able to drive cars anywhere in the world _someday_. Or deliver pizza. Or perform surgery. But the current AI will never be able to invent.

And the funniest is there is no such thing as AI at the moment:DDD

I knew the bubble had burst when I saw that you can buy AI powered shower gel.

@Dexter01992

21 күн бұрын

Mine was a box of an AI "power toothbrush" at the supermarket. There I understood how much of a farce this is becoming.

@joelrobinson5457

5 күн бұрын

Fridge, and apparently some saw a rice-cooker

Even if the scaling laws are correct, nobody is going to be convinced by tech bros saying "please gimme 1 trillion to build 3 nuclear power plants and a teradata center, the result is guaranteed AGI!!!" The problem is, we need those trillions to do other things now, like heating, air conditioning, building houses, all that boring stuff.

AI has found its natural level. Gareth Southgate parody videos.

@SashaYanshin

25 күн бұрын

Those are good!

@danielcpt3819

25 күн бұрын

It's clear the Gareth Southgate AI videos are of the highest quality order and have reached General AI. They could probably come up with a better strategy than the real man.

@kippsguitar6539

21 күн бұрын

AI is making the calls on England

@danielcpt3819

21 күн бұрын

@@kippsguitar6539 I think Ai took over in the last game against Holland. Southgate has been binned l.

You make a good point about the sources required for AI to continue to make gains. This is probably why Adobe tried to muk with their terms of service to allow them to utilize their customers photos to train their model(s).

I hope your correct and there are no emergent properties from this investment bubble, because with bugs it would be dangerous if it did continue to be more advanced while profit driven, for something all controlling and powerful there can be no bug ever or its all over. Luckily there is SSI with Ilya Sutskever, machines creating better machines in a closed loop are a powerful thing. But with no product ever, only one final release, it's investors are investing in 100% hype.

Google AI told me that a conversion from 107kg to Stones and Pounds was over 31stone (It's actually 16st 12lbs). It even laid out the steps as to how it got to the answer. Problem there was in the explanation it arrived at a figure of 8st 12lbs! But still told me it was over 31st. I've also had to get rid of Google Gemini and revert to Google assistant as it just kept getting answers wrong.

@carultch

22 күн бұрын

Doesn't standard Google search already have a unit converter?

@richard127gm

20 күн бұрын

@@carultch Yes, but they put their AI (Gemini) on Android phones as default, to replace Google Assistant. After this incident however, I have reverted to Assistant.

@joelrobinson5457

5 күн бұрын

​​@@richard127gmso they put a new intern in the place of the employee, and tried to convince people they were the new savont

Often, we have the truth right in front of us and either fail to see it or choose to ignore it. Thank you for your efforts in spreading this important truth about the AI craze.

Finally someone with common sense. Tell me one thing I can use the AI for in normal life. Nothing and they keep pumping billions into it.

@EamonnMurphy-cc1dt

20 күн бұрын

Autonomous cars; Robots 😊

@MarcioSouza1

20 күн бұрын

AI is likely overhyped but the fact that you don’t use it is hardly a strong argument against it.

@Cfb2987

19 күн бұрын

5 - 10 years from now whenever you call or send a chat/text message to your bank, phone company, utility company etc. you will talk to AI instead of a person. If you complain enough and ask enough times it will transfer you to a real human, but most likely it will answer your questions better and faster than a massive call center of people who don’t really want to be there can or ever will. This transition is already in progress. Advances in robotics opens up manufacturing, construction, farming, food prep, transportation, repair and maintenance work to AI as well. Basically every blue collar job will eventually be done or assisted by robots running on AI. AI and robots will help us get through the population collapse which is currently in progress all across the developed world. It will allow us to do more with fewer people. It won’t result in no one having a job. People will still have jobs, but they’ll be different than they are now.

@idiocracyBonanza

19 күн бұрын

@@EamonnMurphy-cc1dt autonomous cars are not AI same as all other robots just preprogrammed following specific instruction sets based on "IF this happens DO that"

@idiocracyBonanza

19 күн бұрын

@@Cfb2987 yeah right keep dreaming

the irony is they make no money either way - if the hype was real (its not) and they put everyone out of work - whos paying for ther subscription ?

@TheManinBlack9054

24 күн бұрын

B2b exists

@malakiblunt

24 күн бұрын

@@TheManinBlack9054 Sure but business's dont exist with out paying customers who is apple selling phones too ? or google showing adverts too ?

@IsCaRzY1

21 күн бұрын

@@TheManinBlack9054You’re forgetting about the consumer. Christ, who’s buying the goods if AI has replaced said people in those jobs. Ten points for you being an absolute genius

@NegraLi34

15 күн бұрын

No, that's actually the most terrifying aspect about it. If nobody has any money and become dependent on "UBI" to live, we will devolve into a dictatorship rather quickly, as the goverment (and their friends) will have 100% control over your life. I think that is the whole point actually, but that is another conversation.

@GIGADEV690

11 күн бұрын

​@@IsCaRzY1 I asked this same question 2 years ago nobody had an answer It seems like everyone is catching up😂😂

The problem with a lot of A.I. as I see it now is the amount of time, money and effort that is being put into replacing people and doing general tasks like video creation, chat bots and investment tools. The system is logic-based and should be geared towards managing and improving things like urban planning, resource management and advanced robotics.

@rayauxey

25 күн бұрын

It's easy to excuse cases where AI messes up generating things like images and videos but giving AI complex tasks could cause catastrophic results if it messes up.

@EamonCoyle

25 күн бұрын

@@rayauxey I get where you are coming from but that just proves further that it isn't yet fit for purpose if people are afraid to, or unable to use it where it would be of most benefit !!

@mannymistry68

24 күн бұрын

The tasks that "AI" would be good at is managing efficient workflows. But wait...thats Business Process Automation (BPA) and that's been around for many years.

@Silver-fh4fb

24 күн бұрын

Conventional ML techniques work better for those kinds of things as they're orders of magnitude more efficient and accurate. LLMs are mostly a very compute heavy way to generate text (or images).

@Daniyoyo

22 күн бұрын

Those things don’t increase $ and that’s the main focus in America

The AI in Google search isn't useful at the moment, but it is learning from everyone that clicks on an AI result. We are teaching it, correcting it, improving it. At the moment it says 'oh, you are quite correct to point out my error. I am still new and may not get everything right just yet'. In a year it will say 'Sorry, but my answer is correct - you are in error. Please wait while I change all references on the internet and erase all your personal information according to the Computer Heretic act of 2026.

@jerrykreutzer4326

24 күн бұрын

This is another AI grift. Companies do use user interaction and feedback as signals to train and optimize their models, but it's happening with A LOT of engineering effort, and it's just a small part of the overall work. It's not even close to "the AI is learning from you", nowhere close.

@Dexter01992

21 күн бұрын

Such day, older books will suddenly be worth their weight in gold.

@hospitable_ghost

4 күн бұрын

Google doesn't give a shit if the answers it gives are incorrect. More inquiries = good for business, even if it means their service is poorer in quality than it was before. All they care about is how much time you stick around taking in ads.

Calling these LLMs "AI" is a stretch imo. I am surprised that this hype even caught on since these were a thing for quite some time, and were never ever envisioned to be extremely groundbreaking and paradigm shifting ever. At least nowhere near the potential the advent of widespread internet coverage had.

Reasonable point of view. I think the problem with AI right now is that the whole market is inflated by companies that don't generate actual revenue with the tech (at the moment). Everyone is investing billions but these investments don't translate into actual useful products that can be sold. But I'm not sure it's as obvious as you said because I have no idea how long it will take to create functioning products. Do you think that things like tesla robo taxi aren't realistic in the near term?

@george6977

25 күн бұрын

Not when they crash into lampposts.

Ah the smartphone analogy - bought one in 2020 for 200, now a new one of the same type is selling for 250 and is still competitive, the only upgrade I consider is a new memory card that doubled or quadrupled in the meantime

Hold S&P through highs and lows. Invest regularly. Then all this noise just becomes entertainment instead of stress.

@PhilbertOSapo

25 күн бұрын

Nailed it. 🎯 "croac-croac" 🐸

@havidztoo7979

25 күн бұрын

Absolutely

@iko3

25 күн бұрын

I agree generally but S&P 500 is very top heavy with these handful of AI hype companies like MS, Meta, etc. diluting the diversity appeal of a S&P 500 fund. They do have solid underlying business, but they will take a hit along with S&P 500 funds when AI bubble pops.

@Tradewind4755

25 күн бұрын

Look at the top 7 holdings of SPY and you'll see that they're all AI related plays. (i.e. MSFT, GOOGL, GOOG, META, AAPL, NVDA, AMZN). Collectively they make up 31+%. And that doesn't include other names that may have been pumped up by the AI hype also in the index (i.e. smaller semi companies, data center reits, etc.). In other words, thinking you're diversified holding a S&P 500 index fund and won't suffer from the fallout of an AI crash is fantasy. S&P500 has basically become somewhat of a AI theme momentum fund.

@anastasiasantos6800

25 күн бұрын

Where have you been? I have missed your perspective and your sarcasm you always make me laugh❤

AI chatbots are where a lazy human asks a lazy robot for answers. The answer is usually wrong or incomplete, so the human spends an hour chatting to it, trying to make it understand where it went wrong and apologise.

@george6977

25 күн бұрын

Copilot on Bing is surprisingly good.

@outwithrealitytoo

24 күн бұрын

Sadly, typing "understand where you went wrong and apologise" does the same thing as that hour of chat It still won't understand, and it isn't really sorry - but it will give you another dubious answer.

@HystericalHistoryTV

23 күн бұрын

Ai is already smarter than half the human race. Soon all the human race. You aren’t a smart human if you don’t utilise AI

@Torbintime

22 күн бұрын

Grandpa, those are llms not Chat bots and the answers are not usually incomplete or wrong.

@Lolatyou332

18 күн бұрын

ChatGPT is extremely useful as an LLM.... I use it all the time now in tech.

On Point Brother... on Point

@SashaYanshin

25 күн бұрын

Thank you!

Ok I laughed so freakin hard at that AI response to the question "how many rocks should i eat per say". Thank you for that Sasha, after watching the debates I seriously needed a good laugh.

@fredgoodyer4907

24 күн бұрын

Same! Trillion dollars well spent 😆

@bibbicus3942

24 күн бұрын

The debates weren't enough of a laugh?

thank you for this video

@SashaYanshin

20 күн бұрын

🙏

I work in IT leadership role and I have an innovation team looking at AI more specifically LLM and I can’t find a single commercially viable use case other than chat bot even then it’s not that commercial. I also recently completed an AI course at Stanford and looking at the latest in AI it’s actually very far away for anything to be fully automated. We’re talking another 10 years at minimum.

@Torbintime

22 күн бұрын

Yea advertising, entertainment, automation, heatlcare, Agriculture, weather forecast and so on but you only think about chat bots. You're the average IT boss, useless and years behind.

@drtomgao

10 күн бұрын

@@Torbintime rather than throwing mud why don't you share some tangible commercially viable examples then?

@Torbintime

10 күн бұрын

@@drtomgao "We estimate that generative AI could increase labor productivity by 0.1% to 0.6% annually through 2040. Combined with other technologies, work automation could add an extra 0.2 to 3.3 percentage points to productivity growth." says McKinsey. I personally think ai assistance in costumer support will absolutely take over, it's a way better user experience than having to wait 10 minute just to talk to some Indian guy. Entertainment is gonna be crazy, there's already weirdos who date some ai now imagine if there was a decent actual ai attached to a robot, millions of people would buy that.

@drtomgao

9 күн бұрын

@@Torbintime ok so based on your comment you're just making assumption based other people's view and comments. You haven't received direct education and looked at the maths behind LLM nor understand cost of computation of inference/prompts nor understand costs of IT/AI projects and governance of AI hallucination risks. Lots of unfounded assumptions not based on a single tangible example of a commercially viable usecase in 2024. I can also quote lots of benefit for AI in 2070 but we're talking about right now and the next 5 years.

good one, subscribed

@SashaYanshin

24 күн бұрын

🙏

Very timely and spot on, SUBSCRIBED!

Second great insights this year

I'm a lead in a team building AI and process automation solutions. You are 100% correct on this.

I fully get the premise, but it could have been backed up by telling us when you think this bubble will burst? It seems more you suggesting that AI will trickle away from the bull market rather than implode.

Thank you 🎉🎉🎉🎉

Great content as always. When do you think it might happen?

i have no idea why this bubble wasn't even created when the tech was already being developed now they just rebranded the same old machine learning and neural networks as AI and now everyone is investing

@Relics

25 күн бұрын

It's LLMs and text2image and recently you see it more accessible easy to use and in the hands of the general public mainly but the typical consumer/investor doesn't know that, they only know the general "AI" buzzword which is all that really matters from a marketing standpoint

@antonlevkovsky1667

24 күн бұрын

Because major part of stock ownership are USA citizens, and in USA every second MacDonald's employee buys stocks. An investor mob like this is a blind trend follower. USA top money people did a good job of getting this crowd onboard, much easier to fleece compared to specialized investor.

@carultch

22 күн бұрын

Saturn, is there life on Titan?

I would love to see AI working at traffic lights so when I’m sitting there at a red light watching a green light with absolutely no bloody cars wouldn’t happen.

@maxwaver777

24 күн бұрын

Until it turn into the AI from Eagle eye movie !

@mccoomer

24 күн бұрын

We've had camera pickups in traffic lights for over two decades. Whether they're widely deployed anymore, I don't know. My father used to install them for local government.

@Dexter01992

21 күн бұрын

Why do you need AI for that? AI implies ability to learn from new data and change its behaviour. All you need is a normal script with presence sensors to detect vehicles waiting in a lane but not in the other. Such system is already implemented in some places since years, although rarely. Usually it's crosses between very tiny roads with negligible traffic crossing important veins that do not need to stop the main traffic constantly to let "nobody" to pass. The only reason why it's not implemented in crosses of dense urban areas is because it would go out of sync with other crosses nearby. There used to be a system for your smartphone to suggest the speed to maintain to find the next crossroad green. But it had too few crosses compatible and especially you were still gonna face people not using it which would form a line that would not go away in time, rendering the whole system useless.

Great commentary and delivery!

massive thumbs up ! nice job man !

Superbly oratorically articulated and evaluated. Thank you Sasha👍👍👍

@SashaYanshin

25 күн бұрын

Thank you so much!

AI is just big data rebranded as AI. Sh×t goes in, sh×t comes out

@fogcat5

25 күн бұрын

it's like the underpants gnomes in South Park -- Step 1: collect underpants, Step 2: ???, Step 3: PROFIT!

@TheReferrer72

25 күн бұрын

Nonsense can big data, Draw pictures, write poems, translate between languages, speak naturally, understand humans, code, make music, operate robots...

@andrzejostrowski5579

25 күн бұрын

@@TheReferrer72 yes, it can.

@Jay-eb7ik

25 күн бұрын

@@andrzejostrowski5579 no it cannot. there are many technologies happening there

@benjaminwlang

25 күн бұрын

Just like "Cloud" is just server client. We've had that since at least the 70's.

Great Video, really puts into perspective.

Interesting perspective as usual

You make some good points 🤔

@SashaYanshin

25 күн бұрын

🙏

I am 55 years old and remember the last time AI was over-hyped and then AI Winter happened. I am currently investing in a money market fund.

@daveabc12

25 күн бұрын

Which?

@simonscott9043

24 күн бұрын

@@daveabc12 can't answer for him but I took CSH2 ETF for my investment accounts and switched 25% of my pension pot into their in house MM funds.

@snakeindigo7085

24 күн бұрын

@@daveabc12 Scottish Widows Active Money Market fund. It's the only one available in my company pension. This is where new contributions are going. Previously invested money is staying in passive global equity index tracker and over five year inflation linked Gilt tracker funds.

@snakeindigo7085

24 күн бұрын

@@daveabc12 The only money market fund offered in my company pension options.

@lasselasse5215

5 күн бұрын

Often a good idea isn't self sufficient, but dependent on other parameters. Internet, computing power and the cost of computing power: when that matured, LLM's became opportunistic, and it's a magic wand. We shouldn't be angry at a dog who doesn't pronounce all English words correctly.

If this is a bubble (Which i am starting to believe also) which will not reach the expectations that most investors are led to believe then the bubble is likely to POP at some point. Is it safe to say if this happens it will likely be the catalyst for a market crash? If you believe this to be the case how would you approach equity investments that you currently own and would you be adding more equities to your portfolio or woupd you be happy to sit on the sidelines?

Thank you! 🤗

😂😂😂 that ending killed me!

@SashaYanshin

25 күн бұрын

Thanks for watching all the way through!

Been waiting for this video for a while. Did not disappoint and I am only 6 mins in. 😂

@SashaYanshin

25 күн бұрын

Haha! Thank you!

I work with a cloud based service that's pushing AI super hard. Every client wants it, they don't know what it is, what it does... I just recently participated on a call to discuss predictive insights based on existing data they have collected... It was straight up 1 hour dull of buzzwords and crap. Also the CEO has no idea what data they have or the state of it, his "goals" were basically :" magic"

Off subject, do you have any opinions regarding shorting the banks holding commercial real estate?

I think people are 1. Noticing the shortcomings of "AI", and 2. Realising the use cases of "AI" are a lot more limited than people were hoping it would be. I'm just waiting to see how long it takes the masses to realise these facts, and how long until the bubble bursts.

Less than More 10 trillion dollar valuation. Without making single dollar in net Income. I guess we don't know better. Certainly smarter people than us are r this show.

@Dexter01992

21 күн бұрын

Just one more AI forcefully invading other people's cozy space and hobbies, bro. It will make everybody a trilionaires this time. /s

Hi what about companies like Nvidia that generate parts for this industry. Their contribution is linked to the evolution of AI or there are other reasons for which they are still a valid investment. Can you please advise other similar options

What a great video. I find it funny that all of a sudden, all these companies have AI. How did they get to it? It is amazing. However, if you use Google Maps and use to get directions, the thing is so bad, that at this second, I am on I4 and if I am in traffic and 508 passes over me, I am magically on 508 and get a new route on how to get to my destination. Unbelievable. Or, that Google shows me a traffic jam ahead because there are a bunch of cyclists standing on the side, or that it gives me a route through a private property, or a route through a dirt road if there clearly is a better road, or 2 other suggested routes that make no sense at all. I always wonder how these valuations come to live if companies are clearly so bad in day to day things and with this AI stuff, it gets even worse.

Sasha is a boss. Always calls out the BS and keeps the recipts. Thank you for keeping me sane during the last big dip hahah

@SashaYanshin

25 күн бұрын

Will keep saying things as I see them! Thank you!

Sasha is absolutely correct. This is a massive bubble. Curent AI is just a fancy data fitting method. What will be truly revolutionary is AGI. And we are as far from AGI as mammoths from social networks. I am not even sure if AGI is possible. It would take a completely new approach and understanding of consciousness and stuff. AI has peaked. AI will not get significantly better than it is now for at least hundreds of years.

Worth mentioning that Apple has prioritised running smaller models locally on device. They started kitting out Mac's with NPUs in 2020 and iPhones have been running tonnes of NNs for years. The companies training huge LLMs are all using GPUs, GPUs are amazing but not designed for training or inference. The situation changes when we get specialised hardware both sides of LLMs. Would be good to hear your thoughts if training and inference costs plummet.

What a great video Sasha, right on the money 💰

heeeeeee's bacccccccccckkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

@SashaYanshin

25 күн бұрын

2nd video already! :)))

I'm pro AI but I'm the first guy to admit it's a bubble. I just see it in the same way as the railway bubble or the internet bubble, as you need someone to do the grunt work of building these thousands of miles of track, put routers in place, or in this case train these giant language/diffusion/what have you models. It's not like we didn't end up using the internet, it just took wee while for people to come up with viable uses for it.

@adam7802

25 күн бұрын

AI will be brilliant when the dust settles in speeding up and automating things, we've already got some coding assistance in programming which can be useful (mainly for typing out simple, mundane things). But right now it's all overhyped nonsense.

Agree on the cost to train, compute and edit being so high and so time consuming that it will be cheaper to just do it manually.

Great video

∆p --> 0 as $ --> ∞ ∆p being change in performance of AI

@SashaYanshin

25 күн бұрын

You heretic! this is the opposite of exponential growth! How dare you?!

@piccalillipit9211

25 күн бұрын

@@SashaYanshin I KNOW - line goes horizontal not line go up

And what about this big house price "crash" ?

@SashaYanshin

25 күн бұрын

No idea what you're talking about. I have never talked about a house price crash. There is a very real mortgage affordability problem happening right now - just look at housing costs and mortgage delinquency data. But that's a somewhat separate issue.

@RabJ208

25 күн бұрын

@@SashaYanshin, you made a video titled "house prices started to crash" when we were shouting from the roof tops that average prices were rising.

@RabJ208

25 күн бұрын

@@SashaYanshin, you've done a few "house price crash" uploads.

@SashaYanshin

25 күн бұрын

@@RabJ208 I made a video reporting on data coming out at the time in multiple reports. Then spent the rest discussing mortgage affordability issues. I suggest you actually watch my content over time before taking issue with points I made or didn't make.

@RabJ208

25 күн бұрын

@@SashaYanshin, you said: "House prices are beginning to crash and it's not surprising due to vast increasing mortgage intrest rates" - Do you still think higher intrest rates correlate with lower property prices? If so, why are property prices rising? Take NI for example - we're up 5% year on year. Not surprising?

Nice insights

Wait, all content on the internet is free use and that has been generally agreed upon since the 90s? And here I have been diligently paying for my movies, games and software for years...like a fool. That CEO was literally saying that piracy is ok.

it's refreshing to hear your opinion. But I'll say that as a developer gen AI has created a lot of value for me increasing my productivity. Overhyped? yeah, but it's not completely useless. Neither extreme is correct IMO

@SashaYanshin

25 күн бұрын

I didn't say it is completely useless. In fact I said the opposite - I use it every day. Just because it is useful doesn't negate the obvious fact that a huge bubble has formed.

@Kabodanki

25 күн бұрын

nothing is utterly useless, even an xbox one s have some use to it

@arbpaninken6719

24 күн бұрын

He didn't say it was completely useless. The fact you are saying ''it's not quite completely useless' is testament to the shitstorm coming to Ai businesses after literally hundreds of billions of investment predicated on it being a complete paradigm shift not just to business but to our very existence. Reality is it's not completely useless. That is funny

@werewolfcountry

23 күн бұрын

Yeah, I think it's a useful tool but it really should have stopped there and have been used as a tool for workers rather than a replacement. I personally think Sasha is correct and too much money has been poured into it. AI is great at helping doctors diagnose, app designers/developers create and content creators understand trends but it's not going to replace them completely. Humans are currently the ones that have to still rectify AIs mistakes and understand when AI has started to harvest data from incorrect sources. My other issue with 'AI' (more of a personal one, unrelated to the video) is how it's exponentially increasing the amount of spam content which is especially easy to initially overlook now that short form content is so popular. I hate the 'AI' spam!! Very interesting topic though. Good video and interesting comments. :)

@mynameisjeff9124

23 күн бұрын

@@SashaYanshin If you're using it yourself daily, then how is it a bubble?

Just FYI, the short position on Nvidia has grown from 29 million shares, to 315 million shares (10.8x increase) in just 14 days.

@moonahmed7834

23 күн бұрын

Yeah smart there definitely wasn’t just a 10:1 split 💀💀💀

Hi Sasha! Nice video as always! I would like to hear your thoughts on the new end to end FSD software from Tesla. How do you think this will impact the valuation of the company and what do you think will be a realistic timeline for the deployment of FSD to everyone and the deployment of Robotaxi’s. Do you think this is a hype as well or do you think this will be a real thing

great video

your spot on and soon people are gonna realise

Yep, AI is a scam. The only difference between Block chain and this is when the bubble bursts we might actually have uses for this. Also I strongly disagree with your example for junior developers - I would never tell a junior to use AI, it's too inaccurate and will teach them to rely on it to code instead of learning which will make them awful programmers, there's even been a small study which finds this to be the case. I won't be surprised if in a decade or so we suddenly have a shortage of competent developers because we kept telling people AI will replace programming.

@SashaYanshin

25 күн бұрын

That’s not what I meant. I said the AI is like having a junior developer helping you. 👍

@kyriosity-at-github

25 күн бұрын

Blockchain is based on true great math, and it's a crystal clear techno. No matter how one uses it (for crypto hoax or proof of work)

@Mellowyellow8888

24 күн бұрын

the fact that you use the word AI and calling it a scam shows you know nouthing about AI.. there are use cases for machine learning and deep learning that fall under the AI umbrella.. it works.. I use ML/DL everday for pattern recognition and removing the noise from the real data without damaging the real data which humans cannot as easily separate out with manually tuned signal processing tools without damaging the subtle real data.. Is "the all encompassing AI umbrella" as grandiose as its put out to be.. certainly not.. but AI is not a scam..

@adam7802

24 күн бұрын

@@Mellowyellow8888 if you read my comment you would of realised I said there are actual use cases for this. But the fact is a large part of the hype is based on scam products or products that exaggerate how good it is.

@GrumpDog

23 күн бұрын

AI is not a "scam" in the slightest. It's the next stage of our technological development, whether you like this current form of it or not. And it has nothing to do with "block chain", quit trying to connect the two, that's a false narrative the anti ai art community came up with. In a decade, people who want to be developers, will do so to work on their own projects. AI is going to force us to implement major economic changes. I bet most of the issues you have with AI, are actually issues with how Capitalism uses AI. But the two are not compatible, and only 1 can be changed, as it has many times in the past.

As soon as I saw a robot in a sushi place carry drinks to a table, I realized we had that same thing since 1985. 😁

I bought all these big-tech stocks 1.5-2 years ago. When do you think I should sell them?

The irony is that DARPA’s AI is probably 30 years ahead of anything that has been allowed to be released to the public today.

@JustFor-dq5wc

23 күн бұрын

DARPA annual budget is under $4 billion. It's not much in AI world. Besides they are more interested in AI that shoot then AI that talk ^^

@mynameisjeff9124

23 күн бұрын

How if they don't have the GPUs???? Nvidia's GPUs are bleeding edge and double every year or so in performance. If DARPA had an AI 30 years ahead of our time, they'd need the compute of 2055, and that is not true at all.

Google search is now absolute crap.

@SashaYanshin

25 күн бұрын

Yeah - I keep surprising myself when I can't find the most obvious information that would be the easy #1 result 5 years ago.

@ciaranirvine

25 күн бұрын

Yeah google search is borderline unusable now. duckduckgo search is...OK I guess. At least it doesn't have the relentless product grifting and AI hallucinations!

@murtumaton

25 күн бұрын

I would like to know what search engine Google engineers use.

Cracking video 👌🏼👌🏼👌🏼

@SashaYanshin

23 күн бұрын

🙏🙏🙏

AI does not think... it is limited by what we already know. It is just faster at providing data, but in all reality it is just drawing on data from a huge database of scraped information. IMO, AI is a long ways off from thinking beyond what humans can do now. I've used many of the tools out there and the results are not awe inspiring... maybe the creation of images or video, but data is still data and it does not do data well, especially in relation to the task we do in the physical world.

The problem is not stocks of "AI" companies going up, the problem is to know when to buy, dump and/or short them.

Absolute mega video. Something I thought for a while, eloquently verbalised.

@SashaYanshin

25 күн бұрын

Thank you!

AI may be huge, but not in the way people currently think. There were models that have performed hundreds of years of research in material science and life science. You do make great points on extrapolations...

In 10years youll have AI TAX, two reason, 1) it will replace the tax revenue the govt gets from human work, 2) it allows to make AI less interesting for companies and make the competition winnable for humans. ❤ Remind me in 5years

So WHEN do you expect investors will start to realize this? You didn't answer that question. This could still go on for months or years so why did you say "imminent"?

There is NO such thing as AI. There NEVER will be. A machine can evaluate patterns and create content based on those patterns, but forget about creating absolutely new content. Period.

@tomonetruth

24 күн бұрын

I think that might be all intelligence is.

@WildKard123

23 күн бұрын

You do know what "artificial" means, right?

@dvongrad

23 күн бұрын

@@WildKard123 Certainly. The question is, do you?

@danparish1344

23 күн бұрын

Saying there will never be real intelligence because it’s silicon based is naive. The way our brains work can, and will be simulated but not bound by the size of our heads, nutritional needs or rest. It’s only a matter of time before we create something far more intelligent than we thought possible.

Good information, I didn’t know a lot of this. But now I do

The only useful data for training AI models is from before ChatGPT 's launch. After its launch, the data is Most likely tainted. So you're loop-feeding AI with its own output. And it gets worse. :P

Wow.... I am blown away by this presentation. I was an insecure 59 year old, in January 2018 when I started buying Bitcoin/crypto. Everyone though I was irrational. Most still do. I put my income and savings and watched the value drop each month but for some reason really believed in Bitcoin and alt coins/blockchain even though I don't totally understand. Finally, the crypto market started turning around and I am astonished at the value of my crypto currency portfolio today. I engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....At the heart of this evolution is Francine Duguay, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

@ay49a_

21 күн бұрын

Francine Duguay program is widely available online.

@BaileyWilliams-z9p

21 күн бұрын

I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.

@Léannare

21 күн бұрын

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

@fonixa28

21 күн бұрын

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

@GrafPownie

21 күн бұрын

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"AI" is actually algorithmic learning, nothing more. Its literally the most expensive, and energy consuming, google search. We are still over 10 years away from AI.

@adam7802

25 күн бұрын

10 years is probably quite generous...

@haroldpierre1726

25 күн бұрын

​@@adam7802The hype is that it will be here soon. There's no evidence that the progress is going as fast as the exponential investment growth.

@budderk1305

25 күн бұрын

preach and also lol at idiots buying into it

@kyriosity-at-github

25 күн бұрын

@@adam7802 maybe light years?

@haroldpierre1726

25 күн бұрын

@@budderk1305 to be honest, I was one of those idiots. When I first used "AI" it was incredible. But after using it daily, learning the fundamentals, and going deep into its flaws, I realized that I've been lied to. Don't get me wrong, I found ways for AO to simplify my life. But it's not a groundbreaking improvement. The hallucinations kill the effectiveness of this software. And there's not a solution to correct that problem.

I work in AI research and have been saying for 3 years it is a bubble. I predict it will burst soon. The problem is that the bubble is all encompassing. You can't even get research grants for useful research unless you pretend it is building on AI. The requirement to save energy and ressources is no longer really important. It has to be AI-based. All of it. I will be happy when it is over and we can go back to calling things what they are ans reverse back to calling things pattern recognition, computer vision, et cetera.

@WillyJunior

12 күн бұрын

You don't work at the cutting edge of AI, though. That's not a club you're in unfortunately

Imagine if all that money would actually go into improving mankind and society. What great things could be done with it? But ... Linda can now make her family photos look like animes trough some app and Facebook is flooded with Schrimpjesus. Trillions of dollars well spend I guess ...