I’ve been watching some videos over on the YouTube channel “The Tech Report” where Ed Zitron has been a breath of fresh air regarding the AI hype. I was watching the following video which appeared in my ‘suggested videos’ section on YouTube (I guess the algorithm is suggesting this video as a counter balance to the other videos I have been watching):
The above video is the perfect example of someone getting high on their own supply of believing the hype – the reason why the there are software companies in the first place and that is because you’re not just paying for a system that can be customised into a bespoke solution but you’re also paying for someone to take responsibility for maintaining it over the long term. In other words businesses want to know who the buck stops with and that who is the software company. It reminds me very much of an executive from Westpac many years ago when talking about the role of technology within the banking sector – that is something that enables the organisation to serve their customers, the bank isn’t there as a technology company in and of itself but there to use technology to achieve an end goal.
The other problem is the fact that AI code is slop code – poorly written code not to mention the complete absence of system analysis and design documentation to make sense of how the whole system works together. The lack of documentation also means that you spend just as much time if not more trying to understand the code before fixing any bugs, auditing the code base to ensure there aren’t security holes and ensuring that it is compliant with the given regulations for the industry that your business operates in. That doesn’t even touch on the cost of the technical debt that builds up resulting an even more complex and convoluted code base that those within the organisation have very little to no understanding on how to maintain and develop it further.
If there was ever evidence that the market isn’t rational then it is the recent weeks of Trump saying something and then the gulliable people on Wall Street believing what Trump had to say. This is what happens when you have traders and analysts who get sucked into the hype of something and lack the knowledge to find out whether what is being said is a load of nonsense or whether there is actually some truth to it. It is something I see in large business, executives lacking the intellectual curiosity to go out of their way to educate themselves on something – you don’t need to be an expert at a a micro level but you should have a good understanding at the macro level so then at least you can detect hype and over promising not to mention asking the right questions.
