Comment by otikik

Comment by otikik 2 days ago

7 replies

On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right before the whole house of cards collapses.

fzeroracer 2 days ago

It's very funny reading this thread and seeing the exact same arguments I saw five years ago for the NFT market and the metaverse.

All of this money is being funneled and burned away on AI shit that isn't even profitable nor has it found a market niche outside of enabling 10x spammers, which is why companies are literally trying to force it everywhere they can.

  • mrguyorama 2 days ago

    It's also the exact same human beings who were doing the NFT and metaverse bullshit and insisting they were the next best things and had to jump ship to the next "Totally going to change everything" grift because the first two reached the end of their runs.

    I wonder what their plan was before LLMs seemed promising?

    These techbros got rich off the dotcom boom hype and lax regulation, and have spent 20 years since attempting to force themselves onto the throne, and own everything.

satvikpendem a day ago

In the case of the author, their market isn't LLM makers directly, it's the people who use those LLMs, so the author's market is much bigger and isn't susceptible to collapse if LLM makers go bankrupt (because they can just go back to what they are already doing now pre-LLM), quite the opposite as this post shows.

0x3f 2 days ago

That might well be the current 'market' for SWE labor though. I totally agree it's a silly bubble but I'm not looking forward to the state of things when it pops.

jayess a day ago

No, the "market" is 6 billion people making thousands of individual decisions daily.

  • otikik a day ago

    Do you think 6 billion people are claiming for more effort and resources to be put on AI?

flag_fagger 2 days ago

> On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right before the whole house of cards collapses.

Careful now, if they get their way, they’ll be both the market and the government.