I still remember when Big Data was the “hot new buzz word”. Millions spent to collect every time a customer farts. What did we do with that info? Nothing really. Except be ready to apologize when it gets leaked.
Of course that is being used. What do you think the user profiles of the ad-tech by Google and Facebook are being trained on? Big data ist just tech to manage all that data they generate by spying on us.
The thing is, the outcome of big data is not any one defined thing as well as not any one defined goal. This is why AI is being pushed for everything since we dont know if they can do it unless we try.
I wouldn’t be surprised if the customer fart data is used to help diagnose medical issues.
I don’t really understand this meme. I mean I think I understand what it wants to say. I just don’t get how it thinks saying it this way is clever.
Yeah, it’s specifically because they’re trying to increase profits for so long that they need to get so incredibly meticulous and complicated with how their business works. Companies that just try to earnestly provide a desired service to people who need it in their area of operation don’t need to worry about such details.
But surely that message would be better as the sobbing wojack facing off against the square-jawed chad?
What am I doing with my life? I should go outside.
right now
Only just recently?
Line goes up in relation to how successfully the corporation pursues the agenda of those with power (read: money).
They’re the same picture
Still feels like companies barely know me and their algorithms to suggest new products to me all feel mostly braindead.
Stock price --> reward function
Surely, there is no possible better system.
Not so much Infinite growth. More about gaining as much money and power as possible as soon as possible, the future be damned.
Failure is not an option. Lets do this!!!
Man, if you think the current executives are bad…
…now imagine removing human emotion entirely. If an AI runs a company, it may reach the conclusion the best way to maximize quarterly profits is to harvest all of their employees organs. Child labor is the cheapest. Russia pays the most for userdata. Etc…
Corporations already act like AI, they do whatever they think they can get away with
Yes. Hail our corporate overlords for they could be unfeeling, uncaring artificial intelligence overlords instead. We are blessed.
Everybody says this, that companies are always seeking their current quarter profits, but:
- That is irrational and I don’t see why they’d behave that way
- Ive seen no evidence that they actually do
Can anyone provide evidence that companies actually optimize for current quarter profits at the neglect of all other time spans?
Stock buybacks. Enron and WorldCom. Mass layoffs when not needed. https://sci-hub.se/http://dx.doi.org/10.2139/ssrn.52686 https://sci-hub.se/https://dx.doi.org/10.2139/ssrn.491627
Companies as a whole might not always do this, but executives trying to hit their targets and get their bonus definitely behave this way sometimes
