Comment by mentalgear

Comment by mentalgear 3 days ago

> After decades of technical innovation, the world has (rightfully) developed some anti-bodies to tech hype. Mainstream audiences have become naturally skeptical of big claims of “the world is changing”.

Well, it took about 3 years of non-stop AI hype from the industry and press (and constant ignoring of actual experts) until finally the perception seems to have shifted in recognising it as another bubble. So I wouldn't say any lessons were learned. Get ready for the next bubble when the crypto grifters that moved to "AI" will soon move on the to the NEXT-BIG-THING!

brookst 3 days ago

A technology's long term value has absolutely zero relationship to whether there is a bubble at any moment. Real estate has had many bubbles. That doesn't mean real estate is worthless, or that it won't appreciate.

Two propositions that can both be true, and which I believe ARE both true:

1. AI is going to change the world and eat many industries to an even greater degree than software did

2. Today, AI is often over-hyped and some combo of grifters, the naive, and gamblers are driving a bubble that will pop at some point

Reply View 0 replies

ACCount37 3 days ago

There's been non-stop talk of "AI bubble" for 3 years now. Frontier AI systems keep improving in the meanwhile.

Clearly, a lot of people very desperately want AI tech to fail. And if there is such a strong demand for "tell me that AI tech will fail", then there will be hacks willing to supply. I trust most of those "experts" as far as I can throw them.

Reply View 0 replies

ivape 3 days ago

”… finally the perception seems to have shifted in recognising it as another bubble”

Who recognized this exactly? The MIT article? Give me a break. NVDA was $90 this year, was that the world recognizing AI was a bubble? No one is privy to anything when it comes to this. Everyone is just going to get blindsided again and again every time they sleep on this stuff.

Reply View 0 replies

lacy_tinpot 3 days ago

Is it really "hype" if like 100s of millions of people are using llms on a daily basis?

Reply View 3 replies

PaulRobinson 3 days ago

It’s not the usage that’s the problem. It’s the valuations.

Reply View | 0 replies
nutjob2 3 days ago

Absolutely, it's just that some are just kidding themself as to what it can do now and in the future.

Reply View | 0 replies
pmg101 3 days ago

The dot-com bubble burst but I'm betting you visited at least one of those "websites" they were hyping today.

Reply View | 0 replies