I debated whether I should join the fray of technologists talking about AI but, as an elder millennial, I think there’s an angle to this story that isn’t really being discussed — and it has a lot to do with money. Or rather, the tenuous balance between innovation and profit.
Right now, everyone’s talking about how AI is our future and will deeply transform the way we live and work — this has already begun and I don’t think it’s far fetched to believe that we still don’t quite yet know the ways in which this will fully change us until we are living in the change. However, it’s also true that all the large operators in this space are desperately seeking profitability more than they are the lofty ideal of artificial general intelligence. And the need for a return on investment, especially with valuations reaching the trillions for some, will ultimately create winners and losers.
I think back to the early days of the internet — at least as I knew it. When I was an adolescent, a personal computer in our home and a subscription to America Online would routinely tie up the telephone line (before cellphones were ubiquitous). In that time is when I started learning how to code by seeing HTML side by side with the website I was creating. And it was incredibly accessible to get started; whether it was HyperMart, Geocities, or AngelFire, you could very easily spin up a website for free, no ads.
With age and hindsight being 20/20 and all, I now realize what was happening.
Continue reading “Cash Rules Every AI Around Me”