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Meta Freezes AI Hiring as Fear Spreads (futurism.com)
submitted 11 months ago by [M] to c/fuck_ai@lemmy.world
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[–] 43 points 11 months ago (2 children)

Is it Zuckerberg wanting to create a fear narrative, like "we'll never be able to catch up with China," or now "Zuckerberg can't even keep up with his competitors." Or is it possibly just tech bros believing each other's hype again, and actually fearing "AI" that's really just 700 engineers in a trenchcoat.

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  • [–] 24 points 11 months ago* (last edited 11 months ago) (1 child)

    Its the latter. But the AI CEOs pushing AI know it's 90% hot air. It always is. Most of them are in on the joke, so to speak (aside from a few zealots). What they really fear is the investors realizing they've been hyping crap that isn't making a return and might not ever make a return and losing confidence. If that happens then the stock price takes a dive, and they may be less quick to buy back in - and for Zuck he's bet big on stupid investments more than once, so investors are becoming gun shy.

    Personally I'm hoping it all crumbles and people become embarrassed to mention AI in a couple years like they are with NFTs now. After all that's why I'm on this sub, LLM mania sucks for soo many reasons.

    (Edit: spelling)

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