AI boom may not have positive outcome, warns UK competition watchdog
AI boom may not have positive outcome, warns UK competition watchdog
Risks include high prices as well as proliferation of false information, fraud and fake reviews, says CMA
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Typical doomerism headline, AI boom could have a positive effect on productivity, as the CMA says.
If you view it through the lens of productivity sure.. but a space race-esque race to develop AI by the companies that we have learnt quite brazenly do not care about breaking rules/laws to maximise profit and market share? Colour me a doomer.
These LLM AIs are just regurgitating shit that's been fed into them. There's zero intelligence involved.
But they do make writing work emails a lot easier. I use chatgpt to write draft reports, always needs polishing but it's a lot easier than starting with a blank page, so I can see the productivity gains already.
LLMs are just regurgitating shit AND that’s most of what we do all day too.
(Speaking from a job as an innovator in a high tech field. Most of us are just doing engineering w/ concepts invented elsewhere. )