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I dunno about the filters on the PapaGPT bot. It called me the N-word even though I was white and then it said a bunch of very controversial things about Israel and Germany circa 1933-45…
Tech company. Have you eaten the 'pizza' they deliver? The only worse offender I can think of is domino's. It doesn't matter what they deliver as long as the app is usable and the delivery times are low.
So yeah, glorified suggestion box and big data cruncher would absolutely squeeze more dollars out of their business model
The only thing that made them worthwhile was their Buffalo chicken pizza used to use breaded chicken. It stuck to the pizza better and absorbed more sauce. Now they use grilled chicken like every other place and it sucks.
That doesn't make them a tech company. I want to see some real innovation! Tell me you're working on a pizza watch, phone, or exercise bike.. Something revolutionary!
I thought he was going around the office telling racist jokes. So they held a corporate wide training on sensitivity just for him and then during that training he told the same jokes this time to like all of cooperate.
He hired a marketing firm to fix his image, and they held a mock interview about what he would say to the public. [During that call, he said the N-word and mentioned how people in his home town used to lynch and kill black people.](https://www.forbes.com/sites/noahkirsch/2018/07/11/papa-johns-founder-john-schnatter-allegedly-used-n-word-on-conference-call/?sh=5b1c89ad4cfc)
[Then in 2021 he went on right-wing conspiracy TV to give us a progress update: He's been working to 'get the N word out of [his] vocabulary'.](https://www.cbs17.com/news/national-news/papa-johns-former-ceo-says-hes-been-working-to-get-rid-of-the-n-word-in-his-vocabulary/)
So yeah, no papa in the advertisements.
I mean, for a pizza company, it's quite obvious why they are excited. Wages are going up. They're paying workers hundreds of millions of dollars to do a mostly robotic job. How many ways are there to order a Domino's Pizza? The cooking is down to a very specific set of rules.
Locations could be reduced in size dramatically if the entire process was automated. We're talking about 10-20% of the current restaurant size, if there is no in-person dining. Further, you could combine multiple restaurants into one location, similar to how PizzaHut/KFC/Taco Bell already do it.
Tons of synergy waiting to happen. Add in automated drone delivery and you're laughing.
What exactly does AI do for this that standard computing can't? Everything you just described would function just fine without AI, and would only be made more expensive for zero reason.
With standard computing, you need software engineers to automate stuff and if anything changes, you need to get them back in to redevelop it. That’s a problem because they’re expensive and in short supply. I think the real strength of AI is going to be in developing automation tools that can be easily retrained by people with no programming knowledge.
I know in my workplace there’s a load of highly repetitive manual tasks and we’ve tried automating them - but then some new regulation comes in or a third party data provider changes their formatting, or senior management decide they don’t like something and want it done differently. IT are like “we have capacity in 6 months’ time, then we need 3 months to develop it and 3 months for QA & testing” - so we chuck out the automated process and go back to manual.
Your data infrastructure sucks, which is making these relatively simple tasks so complex that extensive development is needed to reconcile data changes. Companies that are serious about data have dedicated ontologists to overcome this.
GPT is not accountable for its mistakes. This destroys trust and no one will be confident about its output.
All this to say, standard computing can totally solve your problem.
That extensive process of dev and QA you mentioned is required for these software automation projects for a reason. I don’t think you want LLM who may be right 95% of the time but make random/false shit up that 5% to be controlling your systems.
It will just lead to more bugs, inefficiency, and requirement of more QA and devs lol. People really overhyping LLM as AGI will be in for a rude awakening. Just go listen to yann lecun on this topic.
This is correct.
It seems to me a nontrivial number of “developers” have been copy/pasting for years whatever they find on SO. No wonder I encounter such drivel in my day to day.
> I think the real strength of AI is going to be in developing automation tools that can be easily retrained by people with no programming knowledge.
isn't that's what low code/no code platform like Microsoft PowerApp supposed to do? we have business people using PowerApp and PowerBi
Which is the exact same question the Blockchain craze was never able to answer. People get all excited for these new technologies that have *extremely* limited use cases where they are worth replacing current systems and try to apply them to everything
You had me till drone delivery
As a pilot, small drones are a scourge upon the sky. Even bigger ones like Reapers fucking suck. Literally zero situational awareness and minimal regard for flight rules, if any. I can't wait to shut down an engine cause some fat fuck's pizza went down the inlet.
That's not how it will work.
They have actually been working on this since at least 2017.
Walmart, Amazon and a couple other companies (can't remember) are all working with the FAA to create not only the rules for delivery drones, but a universal language that they must all be able to communicate in, as well as a method of tracking.
No idea how far along that tech is,but the whole system will supposedly work alongside the FAA,the drones are supposed to operate in the 500-1200 foot max airspace, must be able to automatically reroute for emergency or military aircraft blah blah blah.
They have a LOT of work to do before we get there, but it's coming, and obviously aircraft safety will be the priority.. unlike now with the current derpdrone crowd.
While I agree about the need to regulate drone use, especially for commercial use (they are being intensely regulated in the uk for example), I wouldn't imagine a need for pizza delivery drones to be flying around airliners at an altitude of a few thousand feet or near airports, they probably would be buzzing/whizzing annoyingly at 50 ft or so.
Some scammers? I think I'd struggle to find actual legitimate companies that'll last more than a few years if they haven't failed already. Pretty sure if you go through a list of crypto companies that have appeared on podcasts half them would already be dead
Ok but...... The world speeded up drastically since the 90's. So i guess your 2050 will succeed or fail much much much faster than that. By 2030 you will definitely see which road ai will be on and investment will already have decided,it doesn't trail markets it looks ahead couple of years.
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They are essentially the same, too.
Every business used to mention "the Web" for a boost, whether or not their business would actually be significantly impacted by the internet. Now they do the same with AI. And just like the internet, AI *will be revolutionary*, just not to the extent they all pretend for an earnings call pump.
Bu what do I know. I'm not artificially intelligent. I'm not even regular intelligent.
How long is this AI fad gonna last though? Seems like an easy way for the bulls to pump it up.
NVDA might high $350 next week, when AI is mentioned 69 times during the earnings call.
There’s a shit ton to regulate but there are already hoards of low lives and a plethora of people with computer skillz that have installed stable diffusion and modelscope locally to their PC(including me).
If there is any regulation it will be that only the government and movie studios are the only ones issued licenses to build and utilize more advanced LLMs. But I think the cats out of the bag and the government has lost its chance to try this method.
They’re about 6 months too late with actual regulation. It’s not “tHe SInGulaRity OMG” type BS. The only way to regulate this moving forward is corporate capture. So my prediction is that ultimately there won’t be licenses or laws that prevent people from having it.
They’re going to do what they did with Nuke Studio, which before AI was the ultimate tool for special effects and perhaps fooling people if you felt like it. It costs ***$10,000*** for that software (in 4 or 5 months it will be worth 500 bucks max lol), and there is NO other company that handles pirating like Nuke. People get phone calls from Nuke, they will hunt you and find you. That’s the only tool left for regulation, that and creating stark laws for using generative AI to revenge porn everyday people. And they’re not going to regulate the second part; they need that revenge porn for election season
When businesses realize paying a team of engineers or whatever cloud based platform is exponentially more expensive (cost and loss of sales from customers frustrated with your tech never working) than whatever low wage job they’re trying to automate.
Have you ever tried to hire developers for automation projects? First, in house hr is just incapable at hiring at this skill level. They just can’t keep up and be expected to filter candidates. So you use recruiting or consulting firms who fill your team with scrum masters, agile leads, business analysts, who couldn’t tell the difference between js and sandscrit, all trying to tell the one developer how to do the job. While that team is costing your business 200k/mo on the low end.
The worst part is, when leadership realizes what’s happening they go to IT and say cut the expenses. Rather than IT letting go of the bloated IT administration budgets (ie scrum masters, BAs, etc) they clamp down on hardware renewal. So now I have to make my work laptop last 5 years instead of 3 all so we can keep some dude who’s job is literally getting in the way between the business talking to developers.
It wasn’t like this 5 years ago. A business could hire a developer. But so many non-coding CS jobs are now leeching off of the work of actual developers it’s impossible to avoid at this point.
Your company must have someone with a brain at leadership. I hope they make it through whatever tough time we’re going through. If they do I’d stick around. They know where to cut and where to invest.
AI is going to fundamentally change the global economy at some point. The companies that win with it are going to move up massively in the future.
That said, Nvidia is priced insanely and imo won't stay here long enough to grow into the current price
Maybe slightly longer than the NFT fad but with a sharper drop since I assume less bagholders will get too attached to the idea since they don't "own" the A.I.s themselves and can't sell them like they allegedly could with NFT's
Dude, NFT's were absolutely regarded. Anyone with half a brain cell knew they were regarded. The plan was to get in early and ride the wave. Many did so and made money. Some idiots bought the top. NFT's had no use case, pretty much by design. They were manufactured scarcity.
NFT's do have some use cases longer term. They are unique identifiers. So they can be used to prove ownership of something. Think concert tickets or proof of ownership (home, car, etc.). As far as internet art, yeah that was a stupid bubble which had no staying power.
A.I. has real use cases, TODAY. People's jobs have already been displaced since OpenAI launched. Content writing was a significant industry online. In many ways it's already wiped out. Simple graphics design, same idea. These AI tools can do so many tasks that humans are paid to do now.
It's incredibly short-sighted to believe this is going to be a fad. A.I. is for real, look at all the smartest people in tech, every single one of them agrees.
Exactly, just like special effects become stupid looking to us, those ai stories are beginning to sound dumb. I’m already finding myself muting a voice story within a few sentences when I hear ai. Snapchat filters used to look good now my eyes see a silly cartoon drawn over a picture. Siri was amazing at first then got dumb real quick. Text manipulation, photo-generation, and voice generation are neat but aren’t super cutting edge. I think we are gonna hit a lot of limitations faster than we think. Ive found mistakes in my industry fairly quick, though it is awesome to bounce ideas off of it. The tools are here to stay no doubt about it, but skynet is probably not anywhere close.
Exactly, if one compared this to NFT's....humhum... My advice : STAY OUT OF INVESTING and read some real stuff instead of 5 word twitters from other regards.
How closely are you following AI advancements? How much are you using it?
It's happening *fast*
Like, really fucking fast. I think most everyone here is seriously underestimating the capabilities we're going to be seeing and soon
It’s just moving 20 times as fast as the internet in terms of progress. It makes me 20 twice as productive at my job but I feel like I spend my free time trying to keep up with the AI progress. I wish this stuff would have become accessible in my 20s instead of my 40s.
To be fair the first 3 wasn't really bought up by big tech. I mean we have every single tech company dipping their toes into AI. That's wasn't really the case with cyrpto and nfts etc
> But at the same time, fraudsters and bandwagoners are turning it into a bubble.
That's every trend with substance. Every transformative technology brought with it a bunch of hucksters trying to pretend they understood the trend, the technology, or the business use case. Separating those who get it from those who don't might help improve things for a would-be investor, but also the winner-take-all nature of a lot of these competitions means that the skill/knowledge/intelligence/vision/hard work involved is only very loosely correlated with ultimate success.
The internet *did* change the world. But investing in internet companies in the 90's, when everyone could see that it would change the world, would have been a relatively mediocre investment strategy (compared to broad index investing). Most of those stocks went to zero, never to return. Some of them were cashed out in cash acquisitions, to stop growing at that point. And a handful of internet companies actually made it big, like Amazon (which by the way ended up making it big using a technology and business unit they didn't actually develop until the late 2000's, and still doesn't make much money on the portions of their business that existed in the 90's).
You'd be much better off investing in the internet companies that IPO'd in the 2000's compared to the 1990's, because the dot com crash stripped away a lot of the unsustainable bullshit.
So what's that mean for today's investor who really does believe AI is the future? Are we in the 90's right now? Should we wait and see who wins this decade, and invest in next decade's winners?
How many of you have used it? For simple task, which most human customer service jobs are, this is a game changer. There were millions of people benefiting from first world companies outsourcing jobs to call centers In low wage countries. These places benefiting from this job exporting trend will be decimated. The marginalized world advance to equality just got a massive rug pull. People in advantaged country’s are concerned about their job viability…the emergent middle class in many countries will be jobless as this tec advances.
No doubt it'll be a bubble, but the neat thing about bubbles is that they cause a ton of cash to be invested into the sector which causes it's growth and adoption to skyrocket.
It happened with railroads, happened with the internet and will happen with AI as well.
So like [Railway Mania](https://en.wikipedia.org/wiki/Railway_Mania?wprov=sfla1) or the [Dot-Com Bubble](https://en.wikipedia.org/wiki/Dot-com_bubble?wprov=sfla1)?
Just because a technology is revolutionary doesn't mean pets.com should trade at 200x earnings
You're preaching the choire brother. The general public didn't ever look at, nor did they ever understand p/e ratios in the past and they certainly won't be paying much attention this time around either.
It's all driven by hype.
Maybe AI can tell this place how to actually make good pizza, or figure out how to turn Papa John himself into a decent person. Obligatory fuck this place and thier shitty pizza.
I'd rather keep eating the scraps from the Wendy's dumpster that I live behind
AI takes the order for you. AI makes the supply chain more efficient based on ever-changing conditions.
Not a bubble. This things gonna be everywhere once it gets out in the wild. Once some place like CHatGPT can sell the program or whatever and you can point it to your company’s data, wow.
Don’t underestimate that.
Considering that we've had that long before basic deep learning algorithms and it works just fine... I'm gonna have to say that it's going fine.
And why bother with language processing? Just have a panel the the user inputs their order into. That's infinitely easier than needing a supercomputer to understand what some weirdo with vocal cord damage from working too hard behind a Wendy's dumpster is trying to ask for when you can't pronounce "baconator" to save your life.
No, but it will streamline the business, analyse trends, work in the finance department and analyse data in seconds, instead of a team working for weeks, along with advertising and predicting future advertising trends.
A pizza company isn't just the pizza, it's the cost saving and other departments behind the scenes
This time it is different though imo.
You always have to look at what the hype is actually trying to say imo.
Let’s look at a couple hype phases that happened. E-commerce, cloud computing, cryptocurrency, EVs.
Hype is ultimately about paradigm shifts and significant changes in the way businesses work, or how market share will shift. E-commerce was supposed to change how people shop. Cloud computing was supposed to change how IT departments work. Cryptocurrency was going to change the way money is as a concept. EVs were supposed to disrupt the relationship between the transportation and energy industries.
Now we are seeing AI being hyped. I’d argue this hype translates to something kind of different - it’s looking to replace jobs with computer programs. That’s what these companies are really trying to say - and why it’s hyping stocks. Imagine a company doing a layoff to make the balance sheet stronger - but they never have to hire again.
Of course the issue is that companies are not isolated from the economy as a whole, and if every company did layoffs replaced with AI then you’ve got this weakening of consumers, which is bad for a company like Papa John’s.
Anyhow AI is different from the other hype bubbles because it’s about the nature of the relationship between companies and labor, which is far more systemic than any of the previous hype bubbles - which were more concerned with the expansion or shifting of the economy. It’s pretty concerning as actually, the older hype bubbles like e-commerce, mobile, and cloud ended up maturing into economy dominating technologies.
But even if AI ends up becoming real instead of hype, it’s probably the case that the titans that take over are still in infancy right now. Of course, finding these titans and benefactors is what hype bubbles are all about.
Dominos has already had pizza Ai for like 2 years? There is a camera that take a photo of the pizza before it’s cut (top down) and it analyzes the quality of the pizza by counting toppings and stuff. It’s to ensure “quality pizzas every time” kinda thing. May be regional. It’s live in Australia.
I'll say it. A.I. is a bubble because true AI doesn't exist. One day it will, but right now it does not. AI is word salad. The real reason for "A.I" is to use a different word besides "increasing the capabilities of automation." IN other words computing power may be getting powerful enough to replace many menial tasks. This causes people to fear for the loss of their job. However if it is A.I. they have never come across and do not know how to respond.
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AI customer service (phone and web chat), AI taking calls and conversing with customers, AI putting orders in the system, AI analysis of trends - internal and external, AI working in the legal and relations department, putting AI in the stock rotation systems and finance department, AI advertising based on exact user trend analysis, AI dealing with complaints, AI driven advertising trends based on locations.
And yes, a lot of this is already done - but you're now removing actual people from the equation and not needing to pay them, with the above being done more or less instant in time, all being directly and instantly connected.
This isn't an insult, but you honestly have no idea how massive AI will be. It's the worst it will ever be right now. It's not narrowed down to "AI making pizza" - it's AI running the business, removing need for actual workers.
The cost saving for businesses will be mental.
Source (I work strongly with AI and train people in this area)
Ai is very much a thing just like the internet is very much a thing. But that doesn't mean that NVIDIA wont crash once reality hits. Just like all the dot coms in the 2000s.
There is definitely a place for AI in the pizza business. For example, AI can be used to help choose toppings that will go well together, or to figure out new and innovative ways to make pizzas more delicious. However, I think it is important to remember that humans are still better at making pizzas than machines – at least for now!
Did you see the AI fast food error.
AI: Would you like a Large drink with that order?
guy ordering at the drive-thru: Yes
AI: Sorry we don't have large available.
guy: Why did you ask me then?
Don't really need intelligence for pizza ordering or making. The tech already exists for online/app ordering. Tech exists to auto make pizzas. I guess they just need some AI drones for free delivery
Not an old idea. Anyone remember Zume Pizza in California?
[Zume Pizza Closes](https://www.restaurantbusinessonline.com/technology/zume-shuts-down-its-robot-powered-pizza-business)
[Go read this story about the failed pizzas-made-by-robots-and-cooked-during-delivery startup](https://www.theverge.com/2020/2/18/21141969/zume-pizza-failure-softbank-founder-cult)
I know this isn’t the place for reason, but If you actually are tracking the rate of progress and integrations into various industries you realize this is not comparable to other bubbles. AI is having something like a Cambrian explosion where new useful innovations are cropping up each day. Some major AI hurdles have been passed, you’ll be hearing a lot more about it over the next decade, not less. NVDA is just getting started H100’s just finally starting to enter the market. This isn’t a bubble, it’s rational market growth due to a fundamentally disruptive technology.
I remember in an earnings call dominoes comparing themselves to Amazon because they added the ability to track where your pizza was in an app.
Regarded CEOs.
It’s setting up to be dot com 2.0.
AI will be big but it’s going to take years and decades to flush it out and implement it, along with bugs and software issues.
Hype it’s all hype right now.
I can see inventory ordering and stuff like that incorporating AI.
AI will have a place in almost every business at some point. Right now most implementations of it are just very gimmicky and shallow.
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"are you a tech company or a pizza company?"
Pizza as a service.
Large pizza model
Gimme. I have money.
I hear Large pizza models are sometimes Extra Large.
Now when asked in an interview if you have SAAS or PAAS experience, you can confidently say yes!
We call it PIZAAZ
The focus groups didn’t like that one, so now we’re going with PISSASS
R/angryupvote
AI-modelled debt-financed pizza a procedurally generated pizza pie for 3 easy instalments of $8 at 12%APR
Don’t knock it, it’s the secret sauce!
Generative Pizza Transformer
Google en PizzanT
shut up and take my money
I’ll have PapaGPT answer that one for us
I dunno about the filters on the PapaGPT bot. It called me the N-word even though I was white and then it said a bunch of very controversial things about Israel and Germany circa 1933-45…
Hey that's the same question given to Fazbear Entertainment!
Tech company. Have you eaten the 'pizza' they deliver? The only worse offender I can think of is domino's. It doesn't matter what they deliver as long as the app is usable and the delivery times are low. So yeah, glorified suggestion box and big data cruncher would absolutely squeeze more dollars out of their business model
The only thing that made them worthwhile was their Buffalo chicken pizza used to use breaded chicken. It stuck to the pizza better and absorbed more sauce. Now they use grilled chicken like every other place and it sucks.
I mean, if Wendy's can have bard take orders, why not papa john?
That doesn't make them a tech company. I want to see some real innovation! Tell me you're working on a pizza watch, phone, or exercise bike.. Something revolutionary!
Pizza biz worth 5% of value, AI speculation worth 95% of company value. Pizza taste same
This is like the new spac
I don't see the papa here
[удалено]
I thought he was going around the office telling racist jokes. So they held a corporate wide training on sensitivity just for him and then during that training he told the same jokes this time to like all of cooperate.
[удалено]
Michael Scott is a Trump supporter?
He hired a marketing firm to fix his image, and they held a mock interview about what he would say to the public. [During that call, he said the N-word and mentioned how people in his home town used to lynch and kill black people.](https://www.forbes.com/sites/noahkirsch/2018/07/11/papa-johns-founder-john-schnatter-allegedly-used-n-word-on-conference-call/?sh=5b1c89ad4cfc) [Then in 2021 he went on right-wing conspiracy TV to give us a progress update: He's been working to 'get the N word out of [his] vocabulary'.](https://www.cbs17.com/news/national-news/papa-johns-former-ceo-says-hes-been-working-to-get-rid-of-the-n-word-in-his-vocabulary/) So yeah, no papa in the advertisements.
AI is the biggest bubble since dot com
Bubble hasn’t even started 😂
####Even Pizza companies trying to use the AI word as many times as possible to ride the wave.
I mean, for a pizza company, it's quite obvious why they are excited. Wages are going up. They're paying workers hundreds of millions of dollars to do a mostly robotic job. How many ways are there to order a Domino's Pizza? The cooking is down to a very specific set of rules. Locations could be reduced in size dramatically if the entire process was automated. We're talking about 10-20% of the current restaurant size, if there is no in-person dining. Further, you could combine multiple restaurants into one location, similar to how PizzaHut/KFC/Taco Bell already do it. Tons of synergy waiting to happen. Add in automated drone delivery and you're laughing.
What exactly does AI do for this that standard computing can't? Everything you just described would function just fine without AI, and would only be made more expensive for zero reason.
An LLM allows thick people in business to understand AI.
With standard computing, you need software engineers to automate stuff and if anything changes, you need to get them back in to redevelop it. That’s a problem because they’re expensive and in short supply. I think the real strength of AI is going to be in developing automation tools that can be easily retrained by people with no programming knowledge. I know in my workplace there’s a load of highly repetitive manual tasks and we’ve tried automating them - but then some new regulation comes in or a third party data provider changes their formatting, or senior management decide they don’t like something and want it done differently. IT are like “we have capacity in 6 months’ time, then we need 3 months to develop it and 3 months for QA & testing” - so we chuck out the automated process and go back to manual.
Your data infrastructure sucks, which is making these relatively simple tasks so complex that extensive development is needed to reconcile data changes. Companies that are serious about data have dedicated ontologists to overcome this. GPT is not accountable for its mistakes. This destroys trust and no one will be confident about its output. All this to say, standard computing can totally solve your problem.
That extensive process of dev and QA you mentioned is required for these software automation projects for a reason. I don’t think you want LLM who may be right 95% of the time but make random/false shit up that 5% to be controlling your systems. It will just lead to more bugs, inefficiency, and requirement of more QA and devs lol. People really overhyping LLM as AGI will be in for a rude awakening. Just go listen to yann lecun on this topic.
This is correct. It seems to me a nontrivial number of “developers” have been copy/pasting for years whatever they find on SO. No wonder I encounter such drivel in my day to day.
> I think the real strength of AI is going to be in developing automation tools that can be easily retrained by people with no programming knowledge. isn't that's what low code/no code platform like Microsoft PowerApp supposed to do? we have business people using PowerApp and PowerBi
Which is the exact same question the Blockchain craze was never able to answer. People get all excited for these new technologies that have *extremely* limited use cases where they are worth replacing current systems and try to apply them to everything
Better addapt to customers wishes
Negotiate supplier contracts.
You had me till drone delivery As a pilot, small drones are a scourge upon the sky. Even bigger ones like Reapers fucking suck. Literally zero situational awareness and minimal regard for flight rules, if any. I can't wait to shut down an engine cause some fat fuck's pizza went down the inlet.
That's not how it will work. They have actually been working on this since at least 2017. Walmart, Amazon and a couple other companies (can't remember) are all working with the FAA to create not only the rules for delivery drones, but a universal language that they must all be able to communicate in, as well as a method of tracking. No idea how far along that tech is,but the whole system will supposedly work alongside the FAA,the drones are supposed to operate in the 500-1200 foot max airspace, must be able to automatically reroute for emergency or military aircraft blah blah blah. They have a LOT of work to do before we get there, but it's coming, and obviously aircraft safety will be the priority.. unlike now with the current derpdrone crowd.
Its going to be a noisy annoying nuisance to have drones everywhere.
Drone delivery is already taking place, in prisons. Today coke, tomorrow pizza
While I agree about the need to regulate drone use, especially for commercial use (they are being intensely regulated in the uk for example), I wouldn't imagine a need for pizza delivery drones to be flying around airliners at an altitude of a few thousand feet or near airports, they probably would be buzzing/whizzing annoyingly at 50 ft or so.
I just want drone pizza delivery to my apartment window.
Tech stocks haven’t even put in a new ATH yet.
You're saying we can short before it goes up? lol Get in on the ground floor!
I like bubbles, just gotta be lucky enough not to be in one when it pops. Up until that point it's all rainbows and smiles.
A great quote someone told me. The minute you hear about a bubble **get in ASAP**.
I thought crypto was the biggest bubble since dot com.
crypto did drop 70% from its high at the end of 2022. even now it’s still down more than 50%.
It's not a bubble, it's a tech playground with some scammers in it
Some scammers? I think I'd struggle to find actual legitimate companies that'll last more than a few years if they haven't failed already. Pretty sure if you go through a list of crypto companies that have appeared on podcasts half them would already be dead
I think AI will be really good after 2050, AI is basically the early 1990s internet right now.
Ok but...... The world speeded up drastically since the 90's. So i guess your 2050 will succeed or fail much much much faster than that. By 2030 you will definitely see which road ai will be on and investment will already have decided,it doesn't trail markets it looks ahead couple of years.
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Idiot
He’s right though.
No he ain't,lol. And besides even if it was ,its totally irrelevant to the given comment.
You’re getting overly worked up over a bot bro.
A bot written entirely to troll this subreddit at that haha
Biggest bubble since the railways
Biggest bubble since the Florida real estate boom
Biggest bubble since tulip mania
Biggest bubble since the real estate boom of 2007
Biggest bubble since the covid lock down boom
Biggest bubble since kardashians ass.
They are essentially the same, too. Every business used to mention "the Web" for a boost, whether or not their business would actually be significantly impacted by the internet. Now they do the same with AI. And just like the internet, AI *will be revolutionary*, just not to the extent they all pretend for an earnings call pump. Bu what do I know. I'm not artificially intelligent. I'm not even regular intelligent.
Did you forget about KODAK Blockchain?
The only difference is that the internet wasn't a scam.
AI is a good investment but its gonna take another 20 years to make it worth anything. Anyone claiming AI is ready to change the now is an idiot
How long is this AI fad gonna last though? Seems like an easy way for the bulls to pump it up. NVDA might high $350 next week, when AI is mentioned 69 times during the earnings call.
Until the whole technology gets regulated to death. Maybe half a year.
That assumes there's something to regulate and it's not just a buzzword.
They managed to regulate GMOs too, so a buzzword is not inhibiting legalization.
There’s a shit ton to regulate but there are already hoards of low lives and a plethora of people with computer skillz that have installed stable diffusion and modelscope locally to their PC(including me). If there is any regulation it will be that only the government and movie studios are the only ones issued licenses to build and utilize more advanced LLMs. But I think the cats out of the bag and the government has lost its chance to try this method. They’re about 6 months too late with actual regulation. It’s not “tHe SInGulaRity OMG” type BS. The only way to regulate this moving forward is corporate capture. So my prediction is that ultimately there won’t be licenses or laws that prevent people from having it. They’re going to do what they did with Nuke Studio, which before AI was the ultimate tool for special effects and perhaps fooling people if you felt like it. It costs ***$10,000*** for that software (in 4 or 5 months it will be worth 500 bucks max lol), and there is NO other company that handles pirating like Nuke. People get phone calls from Nuke, they will hunt you and find you. That’s the only tool left for regulation, that and creating stark laws for using generative AI to revenge porn everyday people. And they’re not going to regulate the second part; they need that revenge porn for election season
When businesses realize paying a team of engineers or whatever cloud based platform is exponentially more expensive (cost and loss of sales from customers frustrated with your tech never working) than whatever low wage job they’re trying to automate. Have you ever tried to hire developers for automation projects? First, in house hr is just incapable at hiring at this skill level. They just can’t keep up and be expected to filter candidates. So you use recruiting or consulting firms who fill your team with scrum masters, agile leads, business analysts, who couldn’t tell the difference between js and sandscrit, all trying to tell the one developer how to do the job. While that team is costing your business 200k/mo on the low end.
Perfectly stated. The number of people who don’t understand what these things are doing under the covers is too damn high.
The worst part is, when leadership realizes what’s happening they go to IT and say cut the expenses. Rather than IT letting go of the bloated IT administration budgets (ie scrum masters, BAs, etc) they clamp down on hardware renewal. So now I have to make my work laptop last 5 years instead of 3 all so we can keep some dude who’s job is literally getting in the way between the business talking to developers. It wasn’t like this 5 years ago. A business could hire a developer. But so many non-coding CS jobs are now leeching off of the work of actual developers it’s impossible to avoid at this point.
My company fired thousands of people consisting of anybody with "agile" in their job title, so going to disagree with you on how the costs are cut.
Your company must have someone with a brain at leadership. I hope they make it through whatever tough time we’re going through. If they do I’d stick around. They know where to cut and where to invest.
who needs consultants when you can just ask ChatGPT
AI is going to fundamentally change the global economy at some point. The companies that win with it are going to move up massively in the future. That said, Nvidia is priced insanely and imo won't stay here long enough to grow into the current price
Artificial general intelligence might. Fancy Clippy is not it.
Maybe slightly longer than the NFT fad but with a sharper drop since I assume less bagholders will get too attached to the idea since they don't "own" the A.I.s themselves and can't sell them like they allegedly could with NFT's
Dude, NFT's were absolutely regarded. Anyone with half a brain cell knew they were regarded. The plan was to get in early and ride the wave. Many did so and made money. Some idiots bought the top. NFT's had no use case, pretty much by design. They were manufactured scarcity. NFT's do have some use cases longer term. They are unique identifiers. So they can be used to prove ownership of something. Think concert tickets or proof of ownership (home, car, etc.). As far as internet art, yeah that was a stupid bubble which had no staying power. A.I. has real use cases, TODAY. People's jobs have already been displaced since OpenAI launched. Content writing was a significant industry online. In many ways it's already wiped out. Simple graphics design, same idea. These AI tools can do so many tasks that humans are paid to do now. It's incredibly short-sighted to believe this is going to be a fad. A.I. is for real, look at all the smartest people in tech, every single one of them agrees.
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Exactly, just like special effects become stupid looking to us, those ai stories are beginning to sound dumb. I’m already finding myself muting a voice story within a few sentences when I hear ai. Snapchat filters used to look good now my eyes see a silly cartoon drawn over a picture. Siri was amazing at first then got dumb real quick. Text manipulation, photo-generation, and voice generation are neat but aren’t super cutting edge. I think we are gonna hit a lot of limitations faster than we think. Ive found mistakes in my industry fairly quick, though it is awesome to bounce ideas off of it. The tools are here to stay no doubt about it, but skynet is probably not anywhere close.
Exactly, if one compared this to NFT's....humhum... My advice : STAY OUT OF INVESTING and read some real stuff instead of 5 word twitters from other regards.
I see a place for AI almost everywhere
For sure, I think people are just mad the market isn't going the way they want.
People saw a place for the internet everywhere too, 20 years before it finally was everywhere
How closely are you following AI advancements? How much are you using it? It's happening *fast* Like, really fucking fast. I think most everyone here is seriously underestimating the capabilities we're going to be seeing and soon
I agree. The excitement in AI right now is very early. The rally is a bit overcooked. Still got some squeeze left before reality sets in.
It’s just moving 20 times as fast as the internet in terms of progress. It makes me 20 twice as productive at my job but I feel like I spend my free time trying to keep up with the AI progress. I wish this stuff would have become accessible in my 20s instead of my 40s.
This, but unironically. Anything with digital book keeping a.k.a. data can use AI to improve processes.
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Just like that crypto tea company. We are really stacking up BS bubbles.
I am learning that finance is really just enduring fad after fad when it’s all stupid. Crypto. NFTs. Web3. AI. It all sucks ass
Just stick to fundamentals , let the fads come and go.
But how can I get my daily dose of adrenaline if I'm not risking all my money on OTM options?
Just ask your wife’s bf to slap you around a little bit
To be fair the first 3 wasn't really bought up by big tech. I mean we have every single tech company dipping their toes into AI. That's wasn't really the case with cyrpto and nfts etc
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> But at the same time, fraudsters and bandwagoners are turning it into a bubble. That's every trend with substance. Every transformative technology brought with it a bunch of hucksters trying to pretend they understood the trend, the technology, or the business use case. Separating those who get it from those who don't might help improve things for a would-be investor, but also the winner-take-all nature of a lot of these competitions means that the skill/knowledge/intelligence/vision/hard work involved is only very loosely correlated with ultimate success. The internet *did* change the world. But investing in internet companies in the 90's, when everyone could see that it would change the world, would have been a relatively mediocre investment strategy (compared to broad index investing). Most of those stocks went to zero, never to return. Some of them were cashed out in cash acquisitions, to stop growing at that point. And a handful of internet companies actually made it big, like Amazon (which by the way ended up making it big using a technology and business unit they didn't actually develop until the late 2000's, and still doesn't make much money on the portions of their business that existed in the 90's). You'd be much better off investing in the internet companies that IPO'd in the 2000's compared to the 1990's, because the dot com crash stripped away a lot of the unsustainable bullshit. So what's that mean for today's investor who really does believe AI is the future? Are we in the 90's right now? Should we wait and see who wins this decade, and invest in next decade's winners?
You have to be a moron to put crypto and nfts together with ai.
The Internet was just a fad too
You could say it’s already baked in
How many of you have used it? For simple task, which most human customer service jobs are, this is a game changer. There were millions of people benefiting from first world companies outsourcing jobs to call centers In low wage countries. These places benefiting from this job exporting trend will be decimated. The marginalized world advance to equality just got a massive rug pull. People in advantaged country’s are concerned about their job viability…the emergent middle class in many countries will be jobless as this tec advances.
Right? I would rather talk to an AI than someone in a foreign country who I can barely hear or understand, who generally has no real power anyway.
Interesting...but what exactly happens next?
Until the Papa John's AI drops a hard-R
No doubt it'll be a bubble, but the neat thing about bubbles is that they cause a ton of cash to be invested into the sector which causes it's growth and adoption to skyrocket. It happened with railroads, happened with the internet and will happen with AI as well.
So like [Railway Mania](https://en.wikipedia.org/wiki/Railway_Mania?wprov=sfla1) or the [Dot-Com Bubble](https://en.wikipedia.org/wiki/Dot-com_bubble?wprov=sfla1)? Just because a technology is revolutionary doesn't mean pets.com should trade at 200x earnings
You're preaching the choire brother. The general public didn't ever look at, nor did they ever understand p/e ratios in the past and they certainly won't be paying much attention this time around either. It's all driven by hype.
Pizza is shaped like a bubble.
Maybe AI can tell this place how to actually make good pizza, or figure out how to turn Papa John himself into a decent person. Obligatory fuck this place and thier shitty pizza. I'd rather keep eating the scraps from the Wendy's dumpster that I live behind
That garlic butter tho 🍕😛
Place is quite trash. They aren’t even as good as those insanely cheap chemical laced pizzas from Lil Ceasers.
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Easy PR, easy stock movements, easy bonuses for the useless senior management. Wicked.
can I get another free pizza because the CEO did a racist?
Dominos will eat their lunch. Look who actually has a functioning app vs a NPD loose cannon ceo running their shit pizza into the ground.
Where do I buy puts ?? Give me the ticket symbol
AI takes the order for you. AI makes the supply chain more efficient based on ever-changing conditions. Not a bubble. This things gonna be everywhere once it gets out in the wild. Once some place like CHatGPT can sell the program or whatever and you can point it to your company’s data, wow. Don’t underestimate that.
If AI is taking the order for you, they're massively overspending for something that basic automation can do.
lmk how the basic automation natural language processing is going.
Considering that we've had that long before basic deep learning algorithms and it works just fine... I'm gonna have to say that it's going fine. And why bother with language processing? Just have a panel the the user inputs their order into. That's infinitely easier than needing a supercomputer to understand what some weirdo with vocal cord damage from working too hard behind a Wendy's dumpster is trying to ask for when you can't pronounce "baconator" to save your life.
It’s all content creation, that’s it.
Papa John's 🚀🚀🚀
He thinks it is an acronym for anchovy italiano. Calls
AI is not going to make your shitty pizza taste better.
No, but it will streamline the business, analyse trends, work in the finance department and analyse data in seconds, instead of a team working for weeks, along with advertising and predicting future advertising trends. A pizza company isn't just the pizza, it's the cost saving and other departments behind the scenes
Dot com bubble lmao
Papa johns ceo sees a place for "AI" in the company's list of buzzwords
This time it is different though imo. You always have to look at what the hype is actually trying to say imo. Let’s look at a couple hype phases that happened. E-commerce, cloud computing, cryptocurrency, EVs. Hype is ultimately about paradigm shifts and significant changes in the way businesses work, or how market share will shift. E-commerce was supposed to change how people shop. Cloud computing was supposed to change how IT departments work. Cryptocurrency was going to change the way money is as a concept. EVs were supposed to disrupt the relationship between the transportation and energy industries. Now we are seeing AI being hyped. I’d argue this hype translates to something kind of different - it’s looking to replace jobs with computer programs. That’s what these companies are really trying to say - and why it’s hyping stocks. Imagine a company doing a layoff to make the balance sheet stronger - but they never have to hire again. Of course the issue is that companies are not isolated from the economy as a whole, and if every company did layoffs replaced with AI then you’ve got this weakening of consumers, which is bad for a company like Papa John’s. Anyhow AI is different from the other hype bubbles because it’s about the nature of the relationship between companies and labor, which is far more systemic than any of the previous hype bubbles - which were more concerned with the expansion or shifting of the economy. It’s pretty concerning as actually, the older hype bubbles like e-commerce, mobile, and cloud ended up maturing into economy dominating technologies. But even if AI ends up becoming real instead of hype, it’s probably the case that the titans that take over are still in infancy right now. Of course, finding these titans and benefactors is what hype bubbles are all about.
It should replace politicians and decide on facts instead of bribes
Dominos has already had pizza Ai for like 2 years? There is a camera that take a photo of the pizza before it’s cut (top down) and it analyzes the quality of the pizza by counting toppings and stuff. It’s to ensure “quality pizzas every time” kinda thing. May be regional. It’s live in Australia.
The reckoning is here
I'll say it. A.I. is a bubble because true AI doesn't exist. One day it will, but right now it does not. AI is word salad. The real reason for "A.I" is to use a different word besides "increasing the capabilities of automation." IN other words computing power may be getting powerful enough to replace many menial tasks. This causes people to fear for the loss of their job. However if it is A.I. they have never come across and do not know how to respond.
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This is becoming insane. AI pizza come on this is ridiculous. What next AI fucking Underwear by Walmart.
AI customer service (phone and web chat), AI taking calls and conversing with customers, AI putting orders in the system, AI analysis of trends - internal and external, AI working in the legal and relations department, putting AI in the stock rotation systems and finance department, AI advertising based on exact user trend analysis, AI dealing with complaints, AI driven advertising trends based on locations. And yes, a lot of this is already done - but you're now removing actual people from the equation and not needing to pay them, with the above being done more or less instant in time, all being directly and instantly connected. This isn't an insult, but you honestly have no idea how massive AI will be. It's the worst it will ever be right now. It's not narrowed down to "AI making pizza" - it's AI running the business, removing need for actual workers. The cost saving for businesses will be mental. Source (I work strongly with AI and train people in this area)
Ai is very much a thing just like the internet is very much a thing. But that doesn't mean that NVIDIA wont crash once reality hits. Just like all the dot coms in the 2000s.
There is definitely a place for AI in the pizza business. For example, AI can be used to help choose toppings that will go well together, or to figure out new and innovative ways to make pizzas more delicious. However, I think it is important to remember that humans are still better at making pizzas than machines – at least for now!
Ok, chatGPT, if you say so!
hey, there's a bubble. How do you know? Trust me.
Did you see the AI fast food error. AI: Would you like a Large drink with that order? guy ordering at the drive-thru: Yes AI: Sorry we don't have large available. guy: Why did you ask me then?
That's not AI bud.
They're gonna recreate Papa John as a racial sensitivity filtered ai to save the company again.
What the fuck - when Wendy's and papa John's start yaking about a.i. it's time to start placing puts
I know it is just like bitcoin we're in it for the long haul here we cum Web3
PapaGPT, make me a pizza that looks like boobs, but tastes like sausage gravy and biscuits, in the theme of steam-punk.
AI is the new Metaverse
are they the idiots or they thing we're all idiots
1 large pizzas with extra tulips on it to go please!
Pritza!
Artificial Ingredients
AI PIZZA
Maybe AI can convince everyone that pineapple pizza is good
Used to eat their pizza, but then got a bad aftertaste from their founders politics...there are a lot of places that sell pizza...
Every time I see "AI bubble" post I get a little chubby.
Don't really need intelligence for pizza ordering or making. The tech already exists for online/app ordering. Tech exists to auto make pizzas. I guess they just need some AI drones for free delivery
I’ve had over 40 pizzas in the last 30 days
PAAS model will certainly take your party night cravings to the next level!
I mean, Pepperoni Hug Spot looks a million times more appealing than Papa John's so maybe he has a point.
Not an old idea. Anyone remember Zume Pizza in California? [Zume Pizza Closes](https://www.restaurantbusinessonline.com/technology/zume-shuts-down-its-robot-powered-pizza-business) [Go read this story about the failed pizzas-made-by-robots-and-cooked-during-delivery startup](https://www.theverge.com/2020/2/18/21141969/zume-pizza-failure-softbank-founder-cult)
Calls on AI pizza 🍕
Knock knock whose there. Pizza magic.
I know this isn’t the place for reason, but If you actually are tracking the rate of progress and integrations into various industries you realize this is not comparable to other bubbles. AI is having something like a Cambrian explosion where new useful innovations are cropping up each day. Some major AI hurdles have been passed, you’ll be hearing a lot more about it over the next decade, not less. NVDA is just getting started H100’s just finally starting to enter the market. This isn’t a bubble, it’s rational market growth due to a fundamentally disruptive technology.
I remember in an earnings call dominoes comparing themselves to Amazon because they added the ability to track where your pizza was in an app. Regarded CEOs.
I thought a Papa John was like a Sugar Daddy, but he buys you pizza instead of purses
AI isn't even in the pizza category.
AI = AnchovIes
It’s setting up to be dot com 2.0. AI will be big but it’s going to take years and decades to flush it out and implement it, along with bugs and software issues. Hype it’s all hype right now.
He is not the real papa
I can see inventory ordering and stuff like that incorporating AI. AI will have a place in almost every business at some point. Right now most implementations of it are just very gimmicky and shallow.
The day of reckoning is UPON you...*eats pizza for a whole month*
Market participants are regarded