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Tech industry's AI profit scheme hinges on data volume, critics say

The tech industry's strategy for profiting from generative AI relies on the ever-increasing volume of data scraped from the internet and generated by AI systems themselves. Proponents argue this positive feedback loop will lead to continuous improvement, drawing parallels to biological evolution. However, critics contend that optimization is measured solely by scale—more data, more installations, more startups, and more venture capital—rather than genuine intelligence gains, leading to a "garbage in, garbage out" cycle. AI

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IMPACT Critiques the tech industry's focus on data volume and venture capital over genuine AI improvement.

RANK_REASON The cluster contains an opinion piece discussing the economic model behind generative AI.

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  1. Mastodon — mastodon.social TIER_1 · [email protected] ·

    The overall scheme by which the # tech sector hopes to make infinite money off "generative # AI " garbage is quite simple, and directly related to the phenomeno

    The overall scheme by which the # tech sector hopes to make infinite money off "generative # AI " garbage is quite simple, and directly related to the phenomenon of always-increasing entropy: the sheer quantity of data available to be scraped off the Internet is always increasing…