Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.
Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”
Trust in AI is falling because the tools are poor - they’re half baked and rushed to market in a gold rush. AI makes glaring errors and lies - euphemistically called “hallucinations”, they are fundamental flaws which makes the tools largely useless. How do you know if it is telling you a correct answer or hallucinating? Why would you then use such a tool for anything meaningful if you can’t rely on its output?
On top of that, AI companies have been stealing data from across the Web to train tools which essentially remix that data to create “new” things. That AI art is based on many hundreds of works of human artists which have “trained” the algorithm.
And then we have the Gemini debacle where the AI is providing information based around opaque (or pretty obvious) biases baked into the system but unknown to the end user.
The AI gold rush is a nonsense and inflated share prices will pop. AI tools are definitely here to stay, and they do have a lot of potential, but we’re in the early days of a messy rushed launch that has damaged people’s trust in these tools.
If you want examples of the coming market bubble collapse look at Nvidia - it’s value has exploded and it’s making lots of profit. But it’s driven by large companies stock piling their chips to “get ahead” in the AI market. Problem is, no one has managed to monetise these new tools yet. Its all built on assumptions that this technology will eventually reap rewards so “we must stake a claim now”, and then speculative shareholders are jumping in to said companies to have a stake. But people only need so many unused stockpiled chips - Nvidias sales will drop again and so will it’s share price. They already rode out boom and bust with the Bitcoin miners, they will have to do the same with the AI market.
Anyone remember the dotcom bubble? Welcome to the AI bubble. The burst won’t destroy AI but will damage a lot of speculators.
The issue being that when you have a hammer, everything is a nail. Current models have good use cases, but people insist on using them for things they aren’t good at. It’s like using vice grips to loosen a nut and then being surprised when you round it out.
I mean it’s cool and all but it’s not like the companies have given us any reason to trust them with it lol
I mean, the thing we call “AI” now-a-days is basically just a spell-checker on steroids. There’s nothing to really to trust or distrust about the tool specifically. It can be used in stupid or nefarious ways, but so can anything else.
Took a look and the article title is misleading. It says nothing about trust in the technology and only talks about not trusting companies collecting our data. So really nothing new.
Personally I want to use the tech more, but I get nervous that it’s going to bullshit me/tell me the wrong thing and I’ll believe it.
“Trust in AI” is layperson for “believe the technology is as capable as it is promised to be”. This has nothing to do with stupidity or nefariousness.
basically just a spell-checker on steroids.
I cannot process this idea of downplaying this technology like this. It does not matter that it’s not true intelligence. And why would it?
If it is convincing to most people that information was learned and repeated, that’s smarter than like half of all currently living humans. And it is convincing.
ThE aI wIlL AttAcK HumaNs!! sKynEt!!
Edit: These “AI” can even make a decent waffles recipe and “it will eradicate humankind”… for the gods sake!!
It even isn’t AI at all, just how corps named it Is clickbait.
AI is just a very generic term and always has been. It’s like saying “transportation equipment” which can be anything from roller skates to the space shuttle". Even the old checkers programs were describes as AI in the fifties.
Of course a vague term is a marketeer’s dream to exploit.
At least with self driving cars you have levels of autonomy.
Before chatgpt was revealed, this was under the unbrella of what AI meant. I prefer to use established terms. Don’t change the terms just because you want them to mean something else.
So people are catching up to the fact that the thing everyone loves to call “AI” is nothing more than just a phone autocorrect on steroids, as the pieces of electronics that can only execute a set of commands in order isn’t going to develop a consciousness like the term implies; and the very same Crypto/NFTbros have been moved onto it so that they can have some new thing to hype as well as in the case of the latter group, can continue stealing from artists?
Good.
There was any trust in (so-called) “AI” to begin with?
That’s news to me.
I don’t get all the negativity on this topic and especially comparing current AI (the LLMs) to the nonsense of NFTs etc. Of course, one would have to be extremely foolish/naive or a stakeholder to trust the AI vendors. But the technology itself is, while not solid, genuinely useful in many many use cases. It is an absolute positive productivity booster in these and enables use cases that were not possible or practical before. The one I have the most experience with is programming and programming-related stuff such as software architecture where the LLMs absolutely shine, but there are others. The current generation can even self-correct without human intervention. In any case, even if this would be the only use case ever, this would absolutely change the world and bring positive boosts in productivity across all industries - unlike NFTs.
I totally agree…hold on I got more to say, but one of those LLMs has been following me for the past two weeks on a toy robot holding a real 🔫 weapon. Must move. Always remember to keep moving.
