Comment on Local Walmart just installed cameras in the aisles…
phoenixz@lemmy.ca 1 week agoYou do understand that many of the claims made about what AI can do ate extremely overstated at best?
AI companies have an extreme circular investment scheme going on and for the bilkuins invested with only a fraction of the running cost coming in, even investors are starting to get itchy. I give AI a full 6 more months before the entire bubble (or ponzi scheme even, at this point) pops and will come crashing down, taking enyitr economies with it.
SinAdjetivos@lemmy.world 1 week ago
Yes, and that is arguably the bigger problem. They’re very careful to not mention any hard numbers on the actual reliability, but if we give it a very generous 80% accuracy in detecting “customer shrinkage” and assume that the error is split evenly into false positives and false negatives that’s a 10% of every time you go into a store to buy things getting put into the shoplifter database(assuming the facial recognition is 100% accurate, which again: fucking lol). At which point the retailer’s internal reports show an increase in the amount of customer shrinkage.
This creates a vicious feedback loop of increased shoplifting reports, increased demand for shoplifting solutions, increased false data, increased shoplifting reports, etc… This resulted in a lot of store closures back in 21-22 and is a crucial part of that “circular investment scheme” you mention.
Of course the error rate isn’t evenly distributed. It’s heavily concentrated on people that “look like criminals” ie, poor, black, young, hispanic, disabled, etc.
The entire “western” economy is ~90% ponzi scheme. The “AI bubble” is a bit lazier of one than usual but it’s not to play out any different than the “dot com” bubble.