AI Art Generation: Beneficial or Problematic?

[Zaer Darkwail]

True, they are burning money atm, but it does not stop the motive being economic reasons. Many failed business ventures based on an idea were started with an economic solution in mind. All companies that invest in generative AI usage hope to find a solution to hurdles and problems and eventually reach a point where it turns a profit.

Or it fails and causes companies to collapse entirely because they have burned too much money on AI. Cause if anyone invents some advanced tech that is profitable, they will smoke everyone else in business who did not do it. It's basically a corporate-level FOMO moment.

Imagine if Blockbuster had actually bothered to explore digital distribution/streaming? Instead of trying to stick to old school ways, which, over time, led to its downfall? Nobody wants to be the next Blockbuster story, so thus why they have an interest in AI technology replacing labor costs.

An example of a business that was near crumbling to failure until they found a solution to adapt around the problem is Youtube; which started as a video dating site that was verge of collapse until they started accepting any videos, and it skyrocketed from there. Or even the origin of bubble wrap.

So, atm generative AI is not succeeding and may even be failing, but it needs just one clever idea how turn it into profit (overcome or bypass the hurdles it has) and thus lead to huge success or a different use that corporations can use it. So I believe it's a matter of time before some loophole or solution is found for corporations to turn it into profit in some manner. Or someone finds a clever way to overcome its hurdles it has atm. Maybe it can be a solution unrelated to AI, the invention of something else, which enables generative AI to turn into profit.

Ofc, atm generative AI is still in primitive baby steps, but if it's kept running, it can improve, learn, and reach the needed quality levels. But it's monkey sink atm, but most of those businesses view it long-term investment. Just for sheer potential and promise it can have.