Open a new forum to discuss AI Thread poster: Cilian O'Tuama
|
Not just for editors, interpreters, proofreaders... Just a new open forum called AI. For all AI-related issues.
Just a thought. | | | Cilian O'Tuama Germany Local time: 19:27 German to English + ... TOPIC STARTER With appropriate sub-forums of course | Aug 17 |
But I'll probably let this idea die as it takes 6 or more hours for any input from me to appear. Sorry for wasting your time. | | | Zea_Mays Italy Local time: 19:27 English to German + ...
I think AI in general has little chance of "staying" at the moment - simply because it is not profitable.
The data centre and energy costs for AI are extremely high, as is the cost of training them.
As a business, you'll need to make your products profitable, meaning that you make enough money through them to pay their costs plus a profit margin for further investment, dividends for investors, attracting new investors etc.
At the moment, there is little evidence that this wil... See more I think AI in general has little chance of "staying" at the moment - simply because it is not profitable.
The data centre and energy costs for AI are extremely high, as is the cost of training them.
As a business, you'll need to make your products profitable, meaning that you make enough money through them to pay their costs plus a profit margin for further investment, dividends for investors, attracting new investors etc.
At the moment, there is little evidence that this will be achieved any time soon. Some of the biggest AI companies, such as Nvidia, have started to lower their revenue forecasts as a sign of declining demand, while investors are asking for proof of AI's profitability.
A lot of people love large language models/generative KI bots and using them for all sorts of things. But how many love the huge amount of bot-generated text, all in the same stiff and boring style, that is flooding the web? Who loves "talking" to stubborn bots in a support chat or on the phone, getting the same idiotic answers in an endless loop? Who loves those recognisable AI-generated images that all look the same?
But even if the bots get better, the cost issue remains. And if companies can't convince people to pay that cost in the long run, the bubble will burst (or, let's hope, slowly deflate).
Not to mention the fascination for the individual behind an art work... A machine has no charisma. ▲ Collapse | | | Lingua 5B Bosnia and Herzegovina Local time: 19:27 Member (2009) English to Croatian + ...
Zea_Mays wrote: while investors are asking for proof of AI's profitability.
How will this be provided? They are asking for evidence now that they invested $millions in the product? Shouldn’t they have requested evidence before investing even $1?
A lot of people love large language models/generative KI bots and using them for all sorts of things. But how many love the huge amount of bot-generated text, all in the same stiff and boring style, that is flooding the web? Who loves "talking" to stubborn bots in a support chat or on the phone, getting the same idiotic answers in an endless loop? Who loves those recognisable AI-generated images that all look the same?
But even if the bots get better, the cost issue remains. And if companies can't convince people to pay that cost in the long run, the bubble will burst (or, let's hope, slowly deflate).
Not to mention the fascination for the individual behind an art work... A machine has no charisma.
Not about whether I “love reading them” but whether they convert me into a customer/repeated customer or not. When I get an endless amount of bot-generated answers, it will make me go away and not buy that company’s goods/sevices. Because I need precise and customized answers to 1) experience rapport and 2) make a purchasing decision. This indeed has been “measured/researched” on larger data sets and the sought evidence can be provided - they don’t convert, they frustrate customers. | |
|
|
Cilian O'Tuama wrote:
But I'll probably let this idea die as it takes 6 or more hours for any input from me to appear. Sorry for wasting your time.
I think it's potentially a good idea. The drawbacks, as we have already seen, could be:
a) if you restrict the forum to AI and translation only, there already seems to be 2 established camps. Those who think it's utter crap, and those who think it can (sometimes) deliver a workable rough draft. Actually there might be a 3rd camp of folk who deliver its output as is - I know there are people who spend a lot of time working on prompts to improve the workable drafts to achieve exactly that.
Would anyone change their mind? I suspect the truth might be that one man's crap is another man's workable draft, although different language pairs might produce very different results, which might be interesting to see & analyse.
b) if it was AI in general, no doubt we'd see plenty of confirmation bias. AI pictures of people with 7 fingers (apparently AI is rubbish at hands). Stories like the Nvidia one above - sadly, perhaps, profit-taking and the threat of regulatory investigation do not signal the end of AI, no matter how annoying chat-bots are. But some of those who wish AI would disappear see only what they want to see and disregard the rest (as Simon & G once warbled) & I suspect such a forum could rapidly become pointless. I'd enjoy a rational discussion about the mechanics of how exactly the deniers envisage the complete removal of AI from modern life, but I'm not sure I'd get one | | | Zea_Mays Italy Local time: 19:27 English to German + ...
The answer is a simple one: AI will stay where it is profitable. Like anything else in the business world.
So just look where AI was already and has become profitable.
As for Nvidia, taking profit has its reasons. After Broadcom lowering its next quarter forecast, the dip accelerated (look at ASML). It does not mean these companies will now heading south, just that their exponential growth has passed a peak for now because demand for their semiconductor products for AI is declining.... See more The answer is a simple one: AI will stay where it is profitable. Like anything else in the business world.
So just look where AI was already and has become profitable.
As for Nvidia, taking profit has its reasons. After Broadcom lowering its next quarter forecast, the dip accelerated (look at ASML). It does not mean these companies will now heading south, just that their exponential growth has passed a peak for now because demand for their semiconductor products for AI is declining. The decline could also be linked to recession fears in the US and the expeted FED rate cut. But the issue with the high operating costs of AI applications is there, and if companies don't get revenues that are high enough to cover those costs, what will they do?
Of course no one has a crystal ball to dependably predict the future, but there are reasons to assume that money will go where AI applications yield a profit. ▲ Collapse | | | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Open a new forum to discuss AI Anycount & Translation Office 3000 | Translation Office 3000
Translation Office 3000 is an advanced accounting tool for freelance translators and small agencies. TO3000 easily and seamlessly integrates with the business life of professional freelance translators.
More info » |
| Protemos translation business management system | Create your account in minutes, and start working! 3-month trial for agencies, and free for freelancers!
The system lets you keep client/vendor database, with contacts and rates, manage projects and assign jobs to vendors, issue invoices, track payments, store and manage project files, generate business reports on turnover profit per client/manager etc.
More info » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |