Did the speaker talk about the AI bubble bursting at all?
Italy - so jealous - haven't been for ages... I went to Sicily a couple of times too. Taormina is the place. Liz Taylor used to go with Richard Burton to one spot there. I think Taormina would be the perfect Romantic spot. The backdrop with Mount Etna and the Ancient amphitheatre with that as a backdrop too. ...
I still remember the facials Janice. Even now. Volcanic - so good. I want to go back.
I think I know what they mean - they’re talking about brain storming ideas probably. That’s what lots use it for. I did a course on AI at LSE in April so I know quite a few of the terms (really recommend it - mostly online). The lady who ran it had focussed on the Ethics at Harvard. She was great. It was also quite pro on balance too but she did go into ethical risks for recruitment democracy business - how it can discriminate too. It blew my mind when i was reading or on the group calls.
The thing about the bubble is separate - it’s to do with the companies making AI being overvalued. The bubble bursting idea has come in because the guy who was played by Christian Bale in the Big Short (worth a rewatch) has now bet one billion that AI will burst its bubble in terms of the valuations of these companies so their stock price will start plummeting. Lots of AI companies are predicted to go out of business - the ones who only focus on that. Probably only the ones whose business doesn’t just rely on AI would then collapse eventually (soy Microsoft Google Meta would be OK but most of the AI specific ones would go bust - that’s what the prediction is).
The question is when will it burst
Many are saying 2026.
Husband (techie, following this for ages)reckons within a year.
If it does, it would be interesting to see what the consequence might be …
I made notes to try to understand it and paused it at times
Look out for the phrase about ‘CDOs’ being ‘dog shit wrapped in cat shit’
Watch out for the funny bit with Margot Robbie
The guy played by Bale is the one who just bet on the AI companies going pop very soon - for similar reasons to the housing market
That’s why people are talking about AI bubbles bursting
The course is quite philosophical - quite ethics driven (the leader did a PhD in AI ethics at Harvard but also works for the AI ethics dept at a big company ) but lots on democracy and economics in there too. A tiny bit on law tho not as much as I’d have liked (because most is coming in next year - but I know a bit about the legal issues too).
I’m doing a general legal refresher Feb- May and hoping AI gets a mention too. I’d not I guess I’ll need to write one.
Anyway I can’t remember how much the course was. About 500 I think. But v good and I think I definitely got work off the back of it. It’s pretty academic but gives a great grounding. Mostly legal or tech people on it but there should be more - as I kept thinking ‘how many people know what they’re telling us ? Who even in government knows about these risks ?’
The answer is not many.
It blows your mind when you do it. Basically the way I see it because white able bodied men are majorly the ones involved in the design and implementation that means discrimination is baked into most of these systems - from surveillance to recruitment (I can tell you a good eg of that if we meet in terms of the ways the machines filter our candidates based on language). Often we don’t know why or how they have - the idea of a ‘black box’ (the core of the LLM and how we don’t even know how it has made its decisions). It is useful having a techie husband too as he helped me navigate some of the obscure lingo
Renee Z ! Wow!
Did the speaker talk about the AI bubble bursting at all?
Italy - so jealous - haven't been for ages... I went to Sicily a couple of times too. Taormina is the place. Liz Taylor used to go with Richard Burton to one spot there. I think Taormina would be the perfect Romantic spot. The backdrop with Mount Etna and the Ancient amphitheatre with that as a backdrop too. ...
I still remember the facials Janice. Even now. Volcanic - so good. I want to go back.
I'll take a look at Taormina. thank you for the recommendation
The speaker said that AI would help create not take over the creativity.
I think I know what they mean - they’re talking about brain storming ideas probably. That’s what lots use it for. I did a course on AI at LSE in April so I know quite a few of the terms (really recommend it - mostly online). The lady who ran it had focussed on the Ethics at Harvard. She was great. It was also quite pro on balance too but she did go into ethical risks for recruitment democracy business - how it can discriminate too. It blew my mind when i was reading or on the group calls.
The thing about the bubble is separate - it’s to do with the companies making AI being overvalued. The bubble bursting idea has come in because the guy who was played by Christian Bale in the Big Short (worth a rewatch) has now bet one billion that AI will burst its bubble in terms of the valuations of these companies so their stock price will start plummeting. Lots of AI companies are predicted to go out of business - the ones who only focus on that. Probably only the ones whose business doesn’t just rely on AI would then collapse eventually (soy Microsoft Google Meta would be OK but most of the AI specific ones would go bust - that’s what the prediction is).
The question is when will it burst
Many are saying 2026.
Husband (techie, following this for ages)reckons within a year.
If it does, it would be interesting to see what the consequence might be …
This is interesting. I'm going to do that course if it's still about x
I have never watched that movie. might be my treat tonight. thanks for the info
The movie is brilliant
I made notes to try to understand it and paused it at times
Look out for the phrase about ‘CDOs’ being ‘dog shit wrapped in cat shit’
Watch out for the funny bit with Margot Robbie
The guy played by Bale is the one who just bet on the AI companies going pop very soon - for similar reasons to the housing market
That’s why people are talking about AI bubbles bursting
The course is quite philosophical - quite ethics driven (the leader did a PhD in AI ethics at Harvard but also works for the AI ethics dept at a big company ) but lots on democracy and economics in there too. A tiny bit on law tho not as much as I’d have liked (because most is coming in next year - but I know a bit about the legal issues too).
I’m doing a general legal refresher Feb- May and hoping AI gets a mention too. I’d not I guess I’ll need to write one.
Anyway I can’t remember how much the course was. About 500 I think. But v good and I think I definitely got work off the back of it. It’s pretty academic but gives a great grounding. Mostly legal or tech people on it but there should be more - as I kept thinking ‘how many people know what they’re telling us ? Who even in government knows about these risks ?’
The answer is not many.
It blows your mind when you do it. Basically the way I see it because white able bodied men are majorly the ones involved in the design and implementation that means discrimination is baked into most of these systems - from surveillance to recruitment (I can tell you a good eg of that if we meet in terms of the ways the machines filter our candidates based on language). Often we don’t know why or how they have - the idea of a ‘black box’ (the core of the LLM and how we don’t even know how it has made its decisions). It is useful having a techie husband too as he helped me navigate some of the obscure lingo