Comment by ryandrake

Comment by ryandrake a day ago

4 replies

It's more than the fact they are surrounded by sycophants. It's also that, despite the mythology the executive-worship-industry tries to paint, CxOs and board members of companies are just not very creative or visionary people. They largely spend their time looking at their peers and competitors for hints about what they should be doing. And today, those hints all are "do AI". They're not sitting down and deriving from first principles that AI is the way--they're seeing their buddies steering other companies and they're all saying AI is the way, so they say AI is the way, too.

mk89 21 hours ago

> They're not sitting down and deriving from first principles that AI is the way--they're seeing their buddies steering other companies and they're all saying AI is the way, so they say AI is the way, too.

I think you're underestimating a bit. We must implement AI because they were able to sell it so good that they got billion $ investors (see all the money coming from Qatar/saudi arabia etc). That's a lot of money coming in that allows to innovate/etc.

  • ryandrake 11 hours ago

    But that thing they all were peddling and getting investors over could be anything! For a while it was "blockchain." Everyone had to do blockchain because everyone was doing blockchain, and investors were giving you money if you say blockchain. I wonder what it will be once the AI bubble bursts.

    I swear that every 5-10 years, corporate CEOs all get together in a secret meeting where they all agree on the next buzzword technology. They invite Harvard Business Review and the tech press to give them their marching orders. Then, finally, the white smoke comes forth from the chimney indicating the next bubble buzzword has been chosen, and the industry goes bananas over it for 10 years for no reason.

    • 1718627440 8 hours ago

      But there wasn't really a bubble crash from blockchain, or did I miss something.

nine_k a day ago

Sounds quite a bit like stock market. The more sober and cynical of them see fads as fads, irrational but powerful movements, and ride the waves, selling to a greater fool.