It’s not your imagination: AI is speeding up the pace of change | TechCrunch
It’s not your imagination: AI is speeding up the pace of change
It’s not your imagination: AI is speeding up the pace of change | TechCrunch
It’s not your imagination: AI is speeding up the pace of change
9 Comments
From the article
Venture capitalist Mary Meeker just dropped [a 340-page slideshow report](https://www.bondcap.com/reports/tai) — which used the word “unprecedented” on 51 of those pages — to describe the speed at which AI is being developed, adopted, spent on, and used, backed up with chart after chart.
“The pace and scope of change related to the artificial intelligence technology evolution is indeed unprecedented, as supported by the data,” she writes in the report, called “Trends — Artificial Intelligence.”
There’s a certain poetic history to this person writing this kind of report. Meeker is the founder and general partner at VC firm Bond and was once[ known as Queen of the Internet](https://www.forbes.com/profile/mary-meeker/) for her previous annual Internet Trends reports. Before founding Bond, she ran Kleiner Perkins’ growth practice, from 2010-2019, where she backed companies like Facebook, Spotify, Ring, and Block (then Square).
She hasn’t released a trends report since 2019. But she dusted off her skills to document, in laser detail, how AI adoption has outpaced any other tech in human history.
But is it the change that speeds everything up? Probably not, but Investors love words like AI and autonomous, no people, what a dream.
> “The pace and scope of change related to the artificial intelligence technology evolution is indeed unprecedented, as supported by the data,” she writes in the report, called “Trends — Artificial Intelligence.”
This does not support the contention that AI is increasing the rate of change of anything other than AI itself.
So wait when they say AI is speeding up the pace of change, they mean AI companies are speeding up the pace of change of AI.
That headline makes it sound as if every product ever is changing faster and it’s because of AI.
> The one area where AI hasn’t outpaced every other tech revolution is in financial returns. While VCs are pouring money on the AI fire as fast as they can, AI companies and cloud service providers are also burning through cash.
Finally some truth on the financials.
> Venture capitalist Mary Meeker just dropped a 340-page slideshow report — which used the word “unprecedented” on 51 of those pages —
Nah, I will pass.
340 pages slideshow is WEAk
The opposite is true, we’re stultified. The ‘change’ that AI brings is the concentration of wealth and power in the hands of AI’s owners at the expense of everything else. That’s its purpose.
As tech has grown in the 21st century, the result has been stagnation everywhere else. We are in a state of cultural, social, and economic regression. We read less, we go to films, plays and concerts less. Infrastructure is crumbling, people don’t want to have children, old resentments and conflicts are getting more entrenched, borders are closing, universities and research institutions are being defunded. Etc, etc, etc.
This isn’t all on big tech, but the ‘change’ it brings – specifically the atomisation of our lives into a collection of appetites to be monetised – is fundamentally caustic to the human spirit.
Nope…it’s still the transistor/integrated circuit.
The massive leap in everything is still due to the transistor/integrated circuit.
We simply keep finding better ways to use and make those integrated circuits.
Pace of change seems slower than twenty years ago. AI seems like just another excuse to pay less people, and pay the people do you pay less money.
This makes sense. If you think about it adopting AI is an absolute necessity if your business is to remain relevant. Imagine a startup able to do the same work a 20 year old company and costs 1/4 as much to get the work done. They can quickly be priced out of the market. I work for healthcare and it’s a very competitive market. Reducing costs and using AI to expand is critical at this time. I can see this in just about every other market, it will only grow faster.