In the age of AI, I am an anachronism, an outdated model.

I actually wrote eight books, the old-fashioned way.

That said, me and my team, we experiment with AI.

It's a quite interesting tool.

But it can't do a lot of what you think it can do.

It has no memory. If you start throwing tens of thousands, if not a hundred thousand, or in the case of very large corporations, millions of

words at AI, it has no persistent memory.

It basically crashes out and fucks up your work almost immediately.

So if you think that you're going to develop, write, create, for example, a book, or maybe a

software program, and AI is going to be your assistant sitting next to you with a mind, a memory, it doesn't exist.

I mean, it might exist with a massive amount of money being spent inside the bowels of Google's

research centers. Yes, I can imagine they have created models and they have the hardware

to keep track of hundreds of thousands of words and essentially be that mind. But this is

expensive stuff. And it doesn't exist for the average Joe, any of us, regardless of how much we

want to pay. Now, that's just a

thought for me about AI. So where are we on AI? And ultimately, from a trend-falling perspective,

doesn't matter. Are we in a bubble? It sure looks like one to me, because if the stuff

that's being promoted can't do what you want it to do and the human mind

can imagine now with the possibility of AI, we can imagine all the things it can't do that we want

it to do. I don't know. It doesn't seem like that we're close to, quote, real

artificial intelligence anytime soon. But again, is it a bubble? How the hell do I know?

Does it matter? Look, bubbles are not crimes, and we've been watching the metals markets.

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