Walter, TED is a great example of bad ‘artificial’ intelligence. He builds a new narrative on the input of other posters and tries to make us believe his thoughtfulness is critical and objective. Artificial Intelligence is doing exactly the same, be it that it uses tremendously more data input. We all know that the collection and integration of data into a narrative is just that ‘ a narrative’ based on multiple, often completely irrelevant inputs. Nevertheless many people fall for this trap and therefore it’s even dangerous because it’s based on our ‘ premises’ that if somebody creates a thoughtful story, it must be intelligent and true. The narrative becomes the ‘truth’. It’s stupidity in its most intelligent format.
The only source of business progress is the company whether you want to believe it or not. Deciding to invest is foremost an emotional judgment and only afterwards you start to look for the logic arguments to support your choice. That’s how human decision making in its simplest form works. These artificial intelligence process are great and terribly fast to discover patterns, but they are terrible for judgment and decision making. Ted in his simple ‘ AI’ format is even worse than Bard or Chat GPT.
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