• skisnow@lemmy.ca
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    8 hours ago

    It’s sickening how little Amazon seem to give a fuck about this. They could easily tighten up their vetting of sellers, but heaven fucking forbid they only report a $50,000,000,000 profit this year instead of $50,003,000,000.

    • UnderpantsWeevil@lemmy.world
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      4 hours ago

      They’ve invested extensively in automating their supply chain to the point that humans aren’t looking inside these boxes anymore. And as customer support is increasingly replaced with AI, the ability to flag and report businesses for fraud has erodes even as the businesses themselves have grown more sophisticated in duping Amazon anti-fraud systems.

      The quest to remove every actual thinking human from the inside of your business results in humans outside of your business exploiting the blind spots to the hilt.

      • veni_vedi_veni@lemmy.world
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        2 hours ago

        CEOs are probably hedging on LLMs adapting faster to scammers then video versa, however unless they make a fundamental breakthrough like what transformers did, adding more parameters to the model ain’t gonna do it.

        We are reaching a convergence of accuracy, and once a critical mass of investors realize it, this whole thing implodes. Demand for AI tech will plummet, and all these asshole companies will have to backpedal. Maybe not Amazon, but the small cap companies fo sure

        • UnderpantsWeevil@lemmy.world
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          2 hours ago

          CEOs are probably hedging on LLMs adapting faster to scammers then video versa

          Racing towards the Singularity, a thing that is definitely real and exists and is achievable in our lifetimes.

          We are reaching a convergence of accuracy, and once a critical mass of investors realize it, this whole thing implodes.

          Industrial dinosaurs have a way of sticking around in strict defiance of market forces. The O&G industry is a great example. They’ve been able to outrun more efficient and cost-effective methods of production and application of energy for decades, in large part thanks to lobbyist-lead state investments in long-term infrastructure and buying out / shutting down of competitors.

          I do think the AI boom is facing bigger headwinds than the automotive or airline industries, in large part due to their bloated balance sheets and highly speculative asset prices. But in the same way the big 2008-era investment banks were saved by a multi-trillion dollar bailout from the Fed and the Treasury, I have no doubt Silicon Valley is simply Too Big To Fail in the long run.