[Previous log file]
- AI content has won. (permalink)
Genie 3 makes take-2 stock dip.
A fad. People are dumb. Yes, to an extent. But dumbness cut both ways.
We underestimate how much AI has already won, because we think that it displaces "like for like" - and that clearly is not happening. AI is not making GTA 6. AI is not writing code to the quality of a senior engineer.
AI is not better than human artists, and companies are not downsizing because they think AI directly replaces people.
But AI can produce great stuff. Different - but great. And this is where the "displacement" happens. Not that the next PS6 game is going to be made 90% from AI prompting AI. But tiktok "vertical" stuff is. Instagram stuff is. And people engage with it - it's already popular, in practice, today.
Remember, it's a competition for hours. It's the attention economy. If something else grabs attention, consumes time, your job is at risk.
Genie 3 is - for a large number of reasons, an incredibly dumb idea. At the same time, it might be - if stuff like that works, the next tiktok. And that's a risk, for "AAA". That's why it's not completely insane for the stocks to dip - even if I'm sure they will recover, simply because the technology is far from being ready. Yet.
Sun, 1 Mar 2026 17:21:40 -0800