And that’s not even mentioning the environmental impact of the data centres. The whole thing makes me ill.
While for us it is merely a cause for concern, others are actually falling ill, having to cope with massive price hikes for energy and water, and seeing their property rendered virtually worthless by external factors.
I understand that AI isn't a scam in principle but actually offers real utility—for instance, in medical diagnostics. I recently had to draft a contract to "exempt" myself from a tax. In the past, I would have gone to a notary for this, but AI handled it for me very quickly. A colleague (a lawyer) found no errors in it upon a cursory review.
But for everything and everyone? When you look at the actual costs of producing a short, low-effort AI video of a dachshund snowboarding, it simply won't pay off.
To me, it looks like a massive circular economy that is completely decoupled from the end consumer and the revenue that actually needs to be generated in the end. It is a "too big to fail" situation, albeit on a much larger scale than ever before. And no one is willing to burst the bubble, given the consequences.
Personally, I haven't spent any money on AI subscriptions so far, and that’s likely the case for most people. On my gaming PC I’ve rarely used local AI applications for image upscaling, though I’d actually like to upgrade it to increase VR performance. But given the massive price inflation: no thanks.