Reading List: The ‘AI Bubble’ for Dummies

ai chat interface on laptop screen

A link roundup for curious non-techies

I feel like every few weeks or so – just as the news media adopts a more critical and balanced perspective on the use of artificial intelligence technology – some clueless Boomer or GenX media personality or CEO gets AI-pillled and kicks off a whole new round of breathless hype.

It now takes one of two forms: ‘OMG, AI is amazing and there totally isn’t a bubble at all,’ or ‘AI is big and scary and dangerous, and there is totally not a bubble at all. But we need to slow it down so it doesn’t wipe out humanity.’

As I wrote last week, I believe we are at risk of the general public becoming so disillusioned with the specter of the fake, overhyped fantasy ‘AI’ that we won’t have broad-based support for pursuing really useful technological advances.

A central problem is that we can’t even agree on what AI is.

The leaders of the big U.S.-based AI hyperscalers , namely Anthropic and OpenAI, have been deliberately vague and often vastly overstated the capabilities of what their models can do. And the general public (and many well-known AI critics) now conflate these huge commercial, cloud-based models with all AI.

Instead of attempting to put together a long article myself, I put together this round up of links to articles and videos from sources that know way more about it than I do, and that explain things in a way that I understand.

Where possible, I will link to articles that are freely accessible. But some are behind a paywall. I will also update the list as needed.

Definitions – What do we mean when we say ‘AI?’

IBM.com – AI vs. machine learning vs. deep learning vs. neural networks: What’s the difference?

Stanford Human-Centered Artificial Intelligence – What is a Large Language Model?

Forbes – The Important Difference between Generative AI and AGI

Forbes – What is a Hyperscaler?

IBM.com – What are Open-Source Large Language Models? Benefits, Risks and Types

OpenAI, Anthropic and the ‘AI bubble’

Note: When most people talk about an”AI bubble,” they are almost exclusively referring to the vast amounts of venture capital that have been poured into the top Silicon Valley hyperscaler companies.

The authors of the following articles are using the term AI as shorthand for this private, for-profit industry rather than the technology as a whole. And while I think this is a misleading habit, I am including these links because I think they provide important perspective about the speciousness of the claims made by the leaders of these companies, as well as the harm that their actions have had on society and the world economy.

Ed Zitron – Where’s Your Ed At? – AI is Slowing Down, AI Doesn’t Have ROI, AI is Too Expensive

Will Lockett: It’s Bubbles within Bubbles, NVIDIA’s 500 Billion Plan, The AI Industry is Panicking, AI Hysteria: No, AI Isn’t Going to Kill Us All

Cory Doctorow – How an AI Moratorium Can Save AI Bosses

AI mythbusting from people who work with AI

Teaching Computers How to Talk: Why Hallucinations Will Never Be Eliminated

Machine Learning Mastery: 5 Practical Techniques to Detect and Mitigate LLM Hallucinations Beyond Prompt Engineering

Health Tech World: Large Language Models Cannot Learn Independently or Acquire New Skills

Marcus on AI: LLMs are Not Like You or Me–and Never Will Be

Beyond the hype – Where the industry is moving

Neil Sahota – Local LLM: When Running AI In-House Becomes the Smarter Choice

Ignesa.com – The Truth About Local LLMs: When You Actually Need Them

Open Source Initiative – Open Weights are Good. Open Source is Better

LifeHacker – You Can (Maybe) Run Meta’s Latest AI Model Locally on Your Computer1

That’s it for now. Is there an angle to this you want to know more about but I haven’t covered? Leave a comment or send me a message and let me know. I will update this list going forward.


  1. This is not a recommendation. I would no sooner trust a Meta product with sensitve data than I would email a Nigerian prince my bank account information. For informational purposes only. ↩︎

Discover more from Cathi Harris

Subscribe to get the latest posts sent to your email.

Comments

Comment Below

Discover more from Cathi Harris

Subscribe now to keep reading and get access to the full archive.

Continue reading