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Is there anything actually useful or novel about "AI"?

Feel like we've got a lot of tech savvy people here seems like a good place to ask. Basically as a dumb guy that reads the news it seems like everyone that lost their mind (and savings) on crypto just pivoted to AI. In addition to that you've got all these people invested in AI companies running around with flashlights under their chins like "bro this is so scary how good we made this thing". Seems like bullshit.

I've seen people generating bits of programming with it which seems useful but idk man. Coming from CNC I don't think I'd just send it with some chatgpt code. Is it all hype? Is there something actually useful under there?

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  • It's really good at filling in gaps, or rearranging things, or aggregating data or finding patterns.

    So if you need gaps filled, things rearranged, data aggregated or patterns found: AI is useful.

    And that's just what this one, dumb guy knows. Someone smarter can probably provide way more uses.

    • Hi academic here,

      I research AI - better referred to as Machine Learning (ML) since it does away with the hype and more accurately describes what’s happening - and I can provide an overview of the three main types:

      1. Supervised Learning: Predicting the correct output for an input. Trained from known examples. E.g: “Here are 500 correctly labelled pictures of cats and dogs, now tell me if this picture is a cat or a dog?”. Other examples include facial recognition and numeric prediction tasks, like predicting today’s expected profit or stock price based on historic data.

      2. Unsupervised Learning: Identifying patterns and structures in data. Trained on unlabelled data. E.g: “Here are a bunch of customer profiles, group them by similarity however makes most sense to you”. This can be used for targeted advertising. Another example is generative AI such as ChatGPT or DALLE: “Here’s a bunch of prompt-responses/captioned-images, identify the underlying way of creating the response/image from the prompt/image.

      3. Reinforcement Learning: Decision making to maximise a reward signal. Trained through trial and error. E.g: “Control this robot to stand where I want, the reward is negative every second you’re not there, and very negative whenever you fall over. A positive reward is given whilst you are in the target location.” Other examples including playing board games or video games, or selecting content for people to watch/read/look-at to maximise their time spent using an app.

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