'AI washing': firms are scrambling to rebrand themselves as tech-focused
theguardian.com
theguardian.com
If negative perception towards AI grows, either because of negative experiences after having it forced on them, or as people's utility bills skyrocket, or as the environmental impact becomes more apparent, they might find that what appeals to shareholders doesn't impress the people who usually pay for their products.
I don't think people understand just how viscerally negative the perception of AI is for the youth.
Then they decided they cared more about profits than providing a quality product.
Now they are best known for their dark patterns.
https://research.duolingo.com/papers/yancey.kdd20.pdf
I assume all the research after this point is too revealing to publish.
I don't understand this at all. I'd consider a no AI message a positive signal. Like what bandcamp is doing.
This industry has lost its collective mind with this hype cycle. I'm not even against the technology, but this is all just shockingly reckless.
tl;dr: this AI cargo-culting is ultimately unsurprising to me.
Building a proper product is still good advice. But if you think you can slip that and flip a feature into a quick sale, that’s a higher ROI.
I guess people can dress it up as business savvy and market timing or whatever pretentious lingo they want to make themselves feel better about it, but it's really just scamming by another name.
But we're in the Scam/Grift Economy now anyway so I guess everyone is trying to get theirs while they still can, and I guess that's what we're seeing.
That’s not how these businesses are best built. Instead, the founders tend to look at what an industry should be doing, but due to incumbent politics hasn’t been able to. You build the thing from the outside, bypassing those politics. Once you have it, you’re parachuted in.
> it's really just scamming by another name
There is plenty of this in bullshit-product companies, too. At the end of the day, a bolt-on exit strategy is absolutely legitimate. Most people can’t execute on it because it requires understanding both the economic niche and high-level corporate politics at a few major players. So there is probably more noise in feature-only startups than in the broader startup ecosystem. But again, most startups fail for good reason.
Those have been dead for at least a decade now, and AI was not the culprit. When you can sell useless stuff that nobody knew they wanted and still make ROI, why would you limit yourself?
The thing with AI is that there is no ROI (except for Nvidia) but when world dominance with total power is the putative reward, the gambling gets more reckless than ever before.
Why? WHY? Give me a reason that isn't "productivity", because we're not being paid more for me being more "productive".
What a time to be alive
Last time around was when "fuzzy logic" came out, I think?
The reason the term "machine learning" was even invented was because it was one of the AI winters and an euphemism was needed because "AI" was more of a swearword than a buzzword.
which used to be called Statistics
which used to be called “math” or maybe “applied science.”
Obviously the underlying tech and research changed along the way… but not as much as it would seem. We’re still doing matrix operations and gradient descent and softmax, all of which has been around for a while.
They’re incentived to do so because apparently investors don’t understand the difference.
If the market can remain irrational longer than a fundamentals-driven investor can remain solvent, is it irrational to bet on the market remaining irrational?
If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
Last time that AI was big before DL it was the "big data" fad and everything had to be big data. Marketing has never not been about how to disguise "what we already do" as the newest buzzword that customers (or investors) want to hear.
The same goes, of course, for all the non-AI fads like "the cloud" or "NoSQL".
I remember in the years before the pandemic that I would joke that all you had to do was "sprinkle in some blockchain" to your VC pitch and your valuation would automatically go up by tens of millions. It seemed dumb to me then and it seems dumb to me now.
The people who are being marketed to with the AI term don't have any idea what that mean and AI, as a marketing term (the only way it's ever been, so far, commercially used) means a lot more than transformers. My dishwasher has "AI" because it has sensors that can detect where the most dishes are.
The marketing term really just means that the product changes it's behavior without user input. A simple "if...then" is AI.
AI has been used as a marketing term for at least a decade now but LLMs are poisoning the brand because they're, largely, implemented in almost exclusively user hostile ways.
Slightly ironically, now in the mirrorless era, and AF algorithms actually based on DL subject recognition and complex predictive algorithms, Canon has retired the "AI" label.
To clarify, I'm mainly talking about B2B-type businesses where the marketing is to investors or other large enterprises. Despite the fact that it's popular and in vogue to think of VCs and business leaders as idiots, most of them actually do understand what AI is and the difference between "modern" AI and basic automation.
And even if you're talking about end consumers, I feel like there is a growing backlash against AI and people will think of a business that touts their "AI dishwasher" or whatever as obvious bullshit and see it as a net negative.
Same thing with blockchain. I talked to many, many non-tech people who were very excited about blockchain. Most could not explain what, exactly, blockchain is.
If a company says "we build automation using AI", ehh, I'd probably cut out the middleman and use AI myself...
This is different from marketing around the cloud or big data.
Remember the Internet was first hot and everything was iThis or Active That. iPhone still has i.
Remember… well not, me, I wasn’t alive… when radiation was cool and Radioactive was in.
Everyone always wants to be cool.
9i - "internet"
10g - "grid"
11g - "also grid"
12c - "cloud"
26ai - "ai"
various other examples. One really annoying thing is this has also happened in open source projects too - generic things that, sure, help out with AI tasks are now "AI" things.
> Any sufficiently advanced technology is indistinguishable from magic.
In the sense that it doesn’t matter if it’s AI or Algorithms. All that matters is people think it could be AI. If yes, then it is. Doesn’t matter what’s actually going on behind the scenes.
(Not that I love this reality, I don’t advocate for it, but this is how things are)
One of the sample prompts is "How is my traffic compared to last month?" So if you type all of this text, click send, wait for Google servers to burn a liter of water to calculate a probable answer, what it gives you isn't even the answer, but an option that you can "apply." If you click on "apply," it refresh the page with a filter using the functionality that already existed in the search console. In other words, this entire LLM can't do more than you can already do by clicking on the extremely simplified buttons of the existing UI. How do you do the same thing via the UI? Click "More -> Compare -> Apply". A whole LLM to replace 3 clicks with 2 clicks + typing the prompt.
By the way, just think: if we gave people an LLM in this analytics thing, what is the number 1 question people would ask? The answer is obviously "how do I increase my clicks?" or "how do I become number 1 on Google?" You don't even need to be a product person to figure that out. That's obvious. Just completely obvious. And of course, the Google's chatbot can't answer that. Because they probably realized, instantly, that is going to be a lawsuit if they said "do X to get more clicks" and you did X and you didn't get more clicks.
Layoffs aren't indicators of success or failure, just some theoretical tea leaf reading style signal for future profits of a company. So if a company is already growing unbelievably fast layoffs are a bad sign, if a company is slowing in growth apparently having employees on business units not working out is equally a bad sign.
And for many companies these layoffs are the modern version of Roman public executions with the audience(investors) cheering it on.
I'm doing Quantum Crypto AI next.
They didn't trade company fundamentals, they traded the market sentiment.
Don’t believe his lies, Jony rhymes with bony, Jonny rhymes with bonny.
At the height of COVID, food photography was very important. Because of distancing requirements and his kids health, he didn’t really have access to hiring photographers and so he invested in a good camera and a tripod, and started to learn to be restaurant’s photographer. Six years later and he’s still the photographer but he’s back to using an iPhone and he’s forgotten a lot about composition because obviously not AI generated has become a differentiator.
Granted, I can't find anything with quick Google searches, so I don't know if these are true or just jokes about the hype back then.
The more things change, the more they stay the same :)
Once that affects people taking the blue pill, and that is happening fast, products and services with AI in it will have no public interest.
I like AI, but seriously, who actually invests on this basis? Where is the critical thinking? I don't feel sympathy for any investor that gets rug pulled on this stuff.
This is one of the reasons stock market is so disconnected from reality.
Perhaps the investment is more on the “greater fool” theory. “I think this is complete nonsense, but there’s probably someone not as savvy who will buy into this garbage idea upon which I can profit.”
The more trendy boxes you tick, the broader the universe of people whose box you tick and who can thus invest.
They don't and the people who are falling for this rhetoric are naive. Most investors _should_ invest more in AI companies. And most companies _should_ invest in AI. It is the rational move and it is exactly what we are seeing here. I don't know what the hysteria is about.
No one cares about the product any more. And that will be the end of all of this.
Investment is mostly gambling with a coat of paint. It just feels slightly more serious than blackjack.
https://en.wikipedia.org/wiki/Long_Blockchain_Corp.
> Long Blockchain Corp., formerly known as Long Island Iced Tea Corp... Its wholly owned subsidiary Long Island Brand Beverages, LLC produced ready-to-drink iced tea and lemonade under the "Long Island" brand.
Especially those who have not implemented software in businesses trying to suddenly boil the ocean with AI.
AI remains a great step forward to help businesses benefit from technology, with more than one competency around the table.
”I've known men who inspire fear. Do you know what they have in common? They never say how frightening they are.”
And here we are.
”I’ve known companies that work on AI. Do you know what they have in common?...”
A genuine gangster doesn't feel a need to flex their power, because such gauche displays only highlight one's own insecurities and weaknesses
In actuality AI is the consultant.
A while back we ran out of .com domains and that burst the bubble. Or something like this.
To think otherwise is naive.
All those threats of "maximize token spend or else something unspecified horrible happens to you in the future" are super weird.
That's how the hype cycle works.
The article gives three examples
- Allbirds, a shoe company
- A genetics company marketing that it is using AI
- a property tech company using AI to create 3rd landscapes
The Allbirds one is just financial re-engineering. The others are reasonable?
This is important not just for cynical reasons, but to calibrate exactly what it means when we look around and see that "everyone" is using AI these days.
In the same paragraph as the genetics company, they also mention an "AI-powered basketball hoop" and "AI-powered lasers that – somehow – protect women from predators on crowded underground platforms." Very reasonable stuff that you forgot to mention.