These same organizations laying people off are riding on the hype train being fed to them by AI consultants. These same consultants telling them that AI is ready to replace everything. Anyone who works with AI knows this is not the case. When these companies realize that they are getting back hallucinated data with nobody around who knows how to manage and interact with the AI properly, they'll have to start hiring these same people back.
Or worse start blaming AI as useless. Pendulum always swings. Never stops in the middle.
Great analysis. Call me a cynic but we're in an era of piecemeal actions against an overwhelming force. I think we'll still be reporting ineffective (or reluctant) governance 5 or 10 years from now. I'm in the UK and we still don't have sufficiently robust laws to protect kids from online harm decades after widespread use of the internet. I wish I could see an overarching solution but, as you pointed out in your podcast, it's messy.
You’re right, Vicky. I think we’ll be seeing businesses like Disney and Universal lead the way forcing legislation as they try to protect their own IP. Consumers will also play a part (as we’re seeing in cases like the suit against character.ai) That said, Given the EU’s stance on protecting kids, I’m surprised that the UK is dragging feet.
I love your tracker, such a tangible visual.
Thanks, Joel! There's so much news and developments each week, it's hard to get a sense of where things stand.
That's where your substack adds so much value, thank you!
These same organizations laying people off are riding on the hype train being fed to them by AI consultants. These same consultants telling them that AI is ready to replace everything. Anyone who works with AI knows this is not the case. When these companies realize that they are getting back hallucinated data with nobody around who knows how to manage and interact with the AI properly, they'll have to start hiring these same people back.
Or worse start blaming AI as useless. Pendulum always swings. Never stops in the middle.
Good reminder. The pendulum has been swinging back and forth.
Great analysis. Call me a cynic but we're in an era of piecemeal actions against an overwhelming force. I think we'll still be reporting ineffective (or reluctant) governance 5 or 10 years from now. I'm in the UK and we still don't have sufficiently robust laws to protect kids from online harm decades after widespread use of the internet. I wish I could see an overarching solution but, as you pointed out in your podcast, it's messy.
You’re right, Vicky. I think we’ll be seeing businesses like Disney and Universal lead the way forcing legislation as they try to protect their own IP. Consumers will also play a part (as we’re seeing in cases like the suit against character.ai) That said, Given the EU’s stance on protecting kids, I’m surprised that the UK is dragging feet.